Used as an intermediate in the synthesis of pharmaceuticals and fine chemicals, particularly in the production of vasodilator drugs like verapamil. It also serves as a building block in organic synthesis for creating substituted aromatic compounds. Its methoxy groups make it useful in electrophilic aromatic substitution reactions. Additionally, it is employed in the fragrance industry due to its pleasant, sweet, floral odor, making it suitable for perfumery and flavoring applications.