On the back of home automation growth.
Harvey Norman Commercial Division (HNCD) has signed an agreement with Quantify Technology, which will see the franchise become the exclusive distributor for the Australian eastern states, including NSW, VIC, QLD, ACT and TAS.
Under the three-year agreement, HNCD has committed to a $500,000 stocking order for the next six months, which brings Quantify Technology’s outstanding purchase orders to a total of $1.2 million.
In July 2018, Quantify Technology announced it had completed an onsite installation at the HNCD display suite in Rosebery, Sydney and that the HNCD sales team would actively commence selling the company’s products to residential and commercial construction projects.
Quantify Technology CEO Brett Savill commented, “We are very pleased to appoint Harvey Norman Commercial Division as our exclusive stockist for the eastern Australian states. With an extensive network of large-scale customers including developers, builders and architects, the HNCD team are ideally placed to deliver significant B2B sales.”
HNCD proprietor Alan Stephenson said, “Harvey Norman enjoys a strong market share and a strong customer base and there is increasing demand from customers for home automation. This is an important agreement and we look forward to continuing our relationship with Quantify.”
HNCD and Quantify will work together jointly to grow their market share in the new build residential and retrofit markets, as well as relevant commercial markets such as hospitality, assisted and retirement living.