Breacking news from Nothing: CMF and Other cool products are coming to the Middle East!

  • last year
Watch our exclusive interview with Akis Evangelidis, the Co-founder of Nothing in Gitex.
Akis Evangelidis revealed to Inc Arabia Nothing next steps and the new products coming soon to the Middle East.
Transcript
00:00 [MUSIC PLAYING]
00:03 Aqees, welcome back again.
00:10 Mass, thanks for having me.
00:11 Always a pleasure.
00:12 Thank you.
00:13 Is Dubai your new home?
00:16 Pretty much, pretty much.
00:17 Getting month after month, definitely
00:19 getting closer to a new home.
00:21 Awesome, awesome.
00:21 I hope you're enjoying it.
00:23 I hope you're enjoying Gitex as well.
00:24 Yeah, Mass, I will be back.
00:26 We last met when you launched the Phone 2.
00:30 Yeah.
00:31 What have you been up to since then?
00:34 It's fun.
00:34 Every time we meet, it feels like years have gone by,
00:37 but it's just a few months.
00:39 So we are keeping the pace.
00:41 So yeah, we launched Phone 2.
00:43 We've been blessed by the success of Phone 2.
00:46 I think the feedback we've been getting on product
00:48 has been outstanding.
00:50 It has really kind of helped us establish the brand's
00:54 credibility when it comes to the product experience.
00:57 Feedback has been amazing, whether it's
00:59 from media or community.
01:02 So we've been super excited.
01:03 We've been scaling as well our operations.
01:06 Now in the Middle East, we are in over 1,000 stores.
01:09 So products are becoming more and more widely available.
01:13 And we also recently launched a little brother
01:17 called CMF, a new sub-brand from nothing.
01:21 Tell us more about CMF.
01:22 I mean, I had to look it up to understand what CMF is.
01:25 So if you would--
01:26 Yeah.
01:27 So basically, CMF is a common term
01:30 used in the digital design world, where
01:33 CMF means color, material, and the finish of the product.
01:37 So for us, it's more in terms of addressing sort
01:41 of everyday tech, yet with a close eye to design,
01:46 like simpler design than what you'll
01:48 find on the sort of nothing product line,
01:51 yet quite refined.
01:53 And also, we like to think of timeless designs,
01:57 very pure, simple lines, and most importantly,
02:01 not compromise on the overall experience,
02:03 whether it's like the hardware or software
02:05 or overall kind of product experience,
02:06 really focusing on the core functionalities, do them well,
02:11 and that's it.
02:11 No smoke and mirrors on getting the basics right
02:15 and bringing great products at an affordable price point.
02:18 Yeah.
02:19 I think it goes back to the simplicity part.
02:21 Exactly.
02:21 Right?
02:22 And I think many of the gen Zs, let's put it this way,
02:27 are eager to have such products.
02:30 Do you see nothing as disrupting that part of the business
02:35 as well?
02:37 I mean, it's funny to think about disruption.
02:39 For us, when we're thinking about CMF,
02:43 looking at the category, we didn't
02:46 went into this kind of market segment
02:49 with the idea of disrupting.
02:51 And we actually weren't even sure, is it the right approach?
02:54 But actually sticking to the basics
02:58 in terms of having meaningful and truthful design,
03:02 not trying to come up with design over the top
03:06 just to look a bit more shinier and so on,
03:08 keeping things simple, clean, and really focusing
03:11 on the core things versus trying to do a bit too much
03:15 and not getting that right.
03:16 And it has been disruptive in a way
03:19 because it's been going crazy since we announced
03:21 the product is the best selling across a few of our partners,
03:26 to the point that we also had a lot of demands from partners
03:28 here in the Middle East.
03:29 Initially, we had a very focused rollout of that brand.
03:34 But we're going to be actually launching in the Middle East
03:37 as well in the coming months.
03:39 So breaking news.
03:40 We're expecting to see--
03:41 Breaking news, exclusive on Inc.
03:42 CMF is coming to Middle East within a month.
03:47 Excellent.
03:47 You heard it on Inc.
03:48 Arabia.
03:50 Is sustainability going to continue
03:52 to be a key pillar for Nothing in general?
03:56 Yeah, I mean, for us, I think the strength for Nothing
04:02 as a company is consistency.
04:04 I think this industry has been lacking of consistency.
04:07 And even if you look at the competitive landscape,
04:10 like brands have been quite opportunistic
04:12 in coming in and out and not really building long term.
04:16 So for us, when we launched Nothing,
04:19 since day one, we've committed towards this
04:21 being a key pillar of our brand and product strategy.
04:26 We all are young founders.
04:29 Actually, a few of us, since we created Nothing,
04:31 had a few babies.
04:33 So it's an important thing on the personal level,
04:36 but also a responsibility entering this market segment.
04:40 And it's something we've continuously been improving.
04:42 There is a lot more to be done.
04:44 We don't want to get into this kind of brainwashing
04:46 and trying to say that we are the best and greatest.
04:48 But there is being continuous progress.
04:51 And I think Phone2 is a representation of this,
04:56 because Phone2 is actually our first second generation
04:58 product that has a lower carbon footprint than its predecessor,
05:03 despite having a bigger screen, bigger battery, and so on.
05:06 So we're super proud that all the initiatives we're taking,
05:09 whereas it's like introducing recycled material,
05:12 using green energy, and so on, is actually driving impact
05:16 and driving results.
05:18 But there's still a lot more to be done.
05:19 It's a long journey that we really
05:22 want to keep on building.
05:23 And I believe everyone has to play a role in this.
05:26 Everyone.
05:28 But again, it's consistency.
05:29 I think a lot of people have been opportunistic about it,
05:31 seeing more as a kind of marketing thing and so on,
05:34 and not being truthful.
05:35 But at the end of the day, if you
05:36 don't have that consistency, time will tell.
05:39 You will be called out.
05:40 Exactly.
05:42 To wrap it up, 2024 plans.
05:46 I think 2024 plans is, again, going back to consistency,
05:50 keep on improving our user experience,
05:51 our software team is getting better and better after today.
05:55 The vision is super strong when it comes to the overall software.
05:58 So it's something we still remain core focus for us in 2024.
06:02 And you can definitely expect us kind
06:04 of widening a bit of our portfolio,
06:06 entering in new categories, and doing also a lot more with CMF.
06:11 It was, I guess, a soft launch of CMS
06:14 to kind of see the market appetite.
06:16 The results have been overwhelming.
06:18 There is demand for those more kind
06:19 of functional, everyday tech products.
06:22 And this opens, actually, a lot of opportunities.
06:26 I think one of my favorite CMF products, for instance,
06:28 is the gun charger.
06:29 Absolutely.
06:30 Before, I used to carry a charger for the phone,
06:32 a charger, like the Apple charger, the big brick.
06:36 Now it's just like one simple product,
06:38 but super functional, super useful, and well executed.
06:42 And there is quite a few other products
06:44 we could kind of launch, similar products.
06:47 So CMF opens a big opportunity for us.
06:50 We're going to keep on building while still kind of scaling
06:53 good nothing products and keep on refining, improving
06:56 our user experience.
06:57 Congratulations.
06:59 It's great seeing you again in Dubai.
07:01 I hope to see you very soon as well.
07:02 And congratulations on Inc as well.
07:04 Thank you.
07:05 I've been hearing that you are the best
07:06 to carry this in the region.
07:07 So yeah, all the best.
07:08 And super happy to be part of it.
07:10 It means a lot to us.
07:10 Thank you.
07:11 Thank you, Akish.
07:12 Thank you.
07:12 [MUSIC PLAYING]
07:16 (upbeat music)

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