“MOTIF” reaches impressive success with great profits despite the economy. This year, it has revved up its strategies in all aspects to push for continuous growth, inviting online experts to meet the needs of consumers and importing Dutch design items to strengthen its luxury portfolio in 2021
“MOTIF”, importer of luxury furniture from around the world, has been at the forefront of high-end furnishings for the past 17 years. Its showroom spans across 900 sq m on the 4th floor of Central Embassy. For 2021, MOTIF aims to achieve continuous growth, with strong strategies to get through the economic crisis resulting from COVID-19. This year, it has invited experts to strengthen the team and boost its online sales to meet the needs and changing consumer behavior. At the same time, it will amp up its luxury portfolio with Dutch design furniture.
Akarat Vanarat, Managing Director of MOTIF, talked about the success of the brand, how the company has generated profits despite the economy because of many factors, and its aim to further push its growth in 2021.
“MOTIF’s growth is continuous, particularly in 2016 in which our growth was 30%, and another 30% in 2017. After that, we have continued to grow, and while we closed our shop at Erawan in 2018-2019 because the lease had expired, we managed to grow 10% despite missing one outlet. In 2019 and 2020, overall we grew 10-15%, but as everyone is aware, the COVID-19 took two months out of the picture. However, overall, our performance was good.”
“For 2021, we aim to grow 20-30%, thanks to our expertise. We are more prepared to handle challenges, while our customers are also more used to the situation and are able to adapt, and it is easier for both buyers and sellers to make decisions.”
“Factors that have contributed to MOTIF’s growth include its stock management, which is the key factor of its success. It is a result of having the right amount of products that are in demand, so it can meet the needs of customers without having too many items in its stock. Before COVID-19, it took three or four months for orders to arrive, but with COVID-19, the wait became six months. It became increasingly long for orders to arrive. Over the past three years, we’ve gradually adjusted our stock management.”