Ingvar Kamprad

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(The IKEA Guy)

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Ingvar Kamprad

  1. 1. Ingvar Kamprad By Lara Bertoia http://davidlega.files.wordpress.com/2009/02/ingvar-kamprad-vor-eh.jpg
  2. 2. History • Started a mail order firm in Smaland, Sweden in 1943 • He was 16 • Began by selling items such as picture frames and stockings • Established his first furniture catalog in 1951
  3. 3. IKEA’s Vision • To create a better everyday life for many people • Well designed, http://www.ikea.com/ms/en_US/about_ikea/the_ike a_way/our_business_idea/index.html functional home furniture at a low price http://www.dreamwork.org/wp-content/photos/ikea-living-room.jpg
  4. 4. How does IKEA acheive this? • Make your customers your partners: • low prices in exchange for serving yourself and assembling products yourself http://www.gizmo-central.com/wp-content/uploads/2007/05/ikea.jpg
  5. 5. Facts and Figures • Established in 24 countries • Annual sales of more than 21.1 billion euros sales (in millions of Euros) http://www.ikea.com.hk/chi/about/facts/images/figure-sales_2008.jpg
  6. 6. Supplies • IKEA uses 1,700 suppliers • Buys 90% of what it sells from closely monitored suppliers in 50 countries • Sweden supplies 17% of its goods http://www.merr.com/users/sten/sverige.gif • Owning suppliers keeps prices down
  7. 7. Where are IKEA stores? Blue is established Yellow is where stores are planning to open http://upload.wikimedia.org/wikipedia/commons/thumb/4/46/Map_of_ikea_stores_around_the _world.svg/800px-Map_of_ikea_stores_around_the_world.svg.png
  8. 8. Today… • Kamprad and his family are #5 on Forbes’ world billionaires list • He is now 83 • The most recent store opening was in Moscow, Russia (Kamprad stated that his opening was especially important to him because it will act http://www.daxion.net/about/bjorn_snellman/DSCI0078.JPG as a spur to democratization)
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