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Friday 24 May 2013

Delivering a Promise

 

While the Middle East real estate market presents tremendous opportunities for both the home and office furnishings sectors, a growing demand for quality and flexibility has introduced a new dimension to how incumbent firms present their product and service offerings.

Rich Content

 

Tel: +9714 336 664

Web: www.alhuzaifa.com

Al Huzaifa Furniture Dubai UAE

Exquisite Furnishings

No one understands this more than Al Huzaifa Furniture, a family-run business offering a premium range of business and residential furnishings for one of the world's most diverse markets. "Dubai and the UAE are among the world's most dynamic markets, and the data changes faster than you can capture it," explains Nissa Nensey, founder of the company. "However, you can safely index the growth of the home and office furnishings market to the delivery rate of real estate projects. Factor in the growing rate of refurbishing, makeovers and the move towards higher quality, higher value furnishings, and the opportunities are mind boggling for sure."

 

The company first set up in 1976 as a small Sharjahbased store that aimed to provide residents with exquisite furniture, representing styles from all corners of the world. "With the dedication of our trusted employees, we opened another branch in Dubai in 1982 and have since grown into one of the region's leading furniture retailers," explains Nensey. "We now offer our customers over 60,000 square feet of retail space." The company has remained a family-owned business throughout, which, acknowledges Nensey, has both its advantages and challenges. Advantages include a deeper understanding of individual mindsets and stronger alignment of interests amongst the top management team - often considered one of the greatest challenges for non-family firms. "The empathy factor is also much higher, which is most valuable under stress situations," Nensey observes. The challenges however, include achieving a good work-life balance, and the need to set clearly defined boundaries so that personal and professional issues do not influence one another. "A family business also has to work harder to fight against preconceived notions and prove its professionalism," she adds.

The Right Balance

 

 

         

 

Al Huzaifa Furniture has certainly earned its distinctive reputation - both as a brand and in its ability to deliver to a customer base with a widely diverse range of expectations, tastes and budgets. "We achieve economies of scale by delivering international design calibre products at affordable prices," says Nensey. "At the back end, it's about leveraging our strengths in sourcing and logistics, translating these into hard savings and passing them on to the customer. At the front end, it's a bit like the fashion business - understanding what your customers want a bit before they know they want it. A key strategic factor of business today is value chains - and we're happy to say that we've got our value chains right."

 

Supporting this business model is a brand building strategy built on two pillars - distinctiveness and relevance. In terms of distinctiveness: "In an environment of safe, conservative advertising, we wanted to stand out and create a brand with buzz - something that gets noticed, talked about - and most important, creates a 'fingerprint' for the brand," Nensey enthuses. "We wanted a unique look, feel, voice and attitude.

 

"Relevance comes from knowing your customers - understanding how they relate to your product and what role it plays in their lives," she continues. There's more to our brand than merely decorating a space -there's a certain intimacy shared between product and owner. This emotional glue was crucial to our strategy - to reflect it in our advertising, nourish it and live up to it through our products. This is what our marketing strategy is all about."

 

Broadening market opportunities

A recent development for the company is the introduction of a Projects and Interiors department, catering specifically for property developers. Nensey explains the rationale behind the move.

 

"Real estate developers see a growing need and opportunity to add value and differentiation to their offerings through high-quality furniture and interior outfitting," she explains. "We're also seeing a huge demand from segments such as the hospitality sector, overseas owners of vacation homes, and landlords offering furnished apartments on short term or semi-long term lease. Corporate leasing and ownership of residential property is also on the upswing and calls for high-end turnkey interior solutions. Our Projects and Interiors initiative seeks to extend the Al Huzaifa promise. Differentiation must always come, not from what we do, but how we do it."

 

Into the future, "Al Huzaifa Furniture occupies the position of 'the fashion brand' in the furniture space," concludes Nensey. "Naturally, our strategy for the future is to remain current, switched-on and truly exciting. Al Huzaifa will always stand for furniture to be passionate about. Furniture represents self-expression. Our focus remains on enhancing our sourcing and logistical strengths - using strategies, tools and techniques that help us deliver to ever-growing expectations."