ikea - marketing case study
TRANSCRIPT
IKEA
OUTLINESHISTORYCOMPANYS POLICYKEY TO SUCCESSCONSUMER MARKETSADVERTISEMENTS
Ingvar Founders first name Kamprad Founders last nameElmtaryd Farm where he grew upAgunnaryd Home village
INGVAR KAMPRAD - Founder , IKEA
FOUNDED IN 1943 BY17 YEAR OLD INGVAR
Swedishmultinationalgroup of companies that designs and sellsready to assemble furniture, appliances and home accessories
VISIONTO CREATE A BETTER EVERYDAY LIFE FOR THE MANY PEOPLE PEOPLE HAVE VERY THIN WALLETS, WE SHOULD TAKE CARE ABOUT THEIR INTEREST.
LOGO
WHY ITS WELL KNOWN?The company is known for its modern architectural designs for various types of appliances and furniture
PROBLEM THAT IKEA SOLVED---------------SIMPLICITYLOW PRICETIME TO TIME RENEWALBEST CUSTOMER EXPERIENCEEASY TRANSPORT AND STORAGE---------------
(DO IT YOURSELF)DIY
WHAT IKEA IS DOING WELL?EASY NAMES OF PRODUCTSPREMIUM QUALITYAFFORDABLE PRICESEASY ACCESSIBILITYWELL DESIGNED PRODUCTSEASY TO TRANSPORT AND STORE
HOW LOW PRICE? SELLS PARTSBUYS PRODUCT IN BULKSCONTROLS THE SUPPLY CHAINSAVING ELECTRICITY
CONSUMER BUYING PROCESS
WHAT INFLUENCES CONSUMER BEHAVIOUR?===================CULTURAL SOCIAL PERSONALFACTORS FACTORS FACTORS================
SPACE FOR HANGERDEEP DRAWERS HOME DELIVERY AND ASSEMBLED PRODUCTS
TODAY12,000 PRODUCTS392 STORES48 COUNTRIES2.1 BILLION WEBSITE VISITORS650 MILLION SHOWROOM VISITORS
DISCLAIMERCREATED BY ABHAY KUMAR RATHORE, NIT RAIPUR DURING MARKETING INTERNSHIP BY PROF. SAMEER MATHUR