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“People have very thin wallets. We should take care
of their interests.”
-Ingvar Kamprad
IKEA with Studying Consumer Behavior
Social Factors Cultural Factors
Personal Factors
Age and stage in
life cycle
Occupation and
economic
circumstances
Personality and
self concept
Lifestyle and
values
IKEA with Consumers’ Psychology
Some ads by IKEA
Some more ads by IKEA
“No matter who you are, what you do,
or how much you make, you can still
make the dream yours.”
- IKEA
The IKEA experience
The IKEA experience
IKEA and the local markets
The IKEA post-purchase experience
Where to go next?
Have more sales
persons around to help
buyers
Have a line of products
catering to the region’s
traditional tastes
Have TV ads, not
just in sometimes
in theatres
Some risks to take care of
Why not them? Are the products dangerous?
IKEA with Studying Consumer
Behavior
IKEA with Consumers’
Psychology The IKEA experience
The IKEA post-purchase
experience
Where to go next?
Some risks to take care of
A Quick Recap
DISCLAIMER
Created by Deepanwita Roy, MIT, Manipal, Karnataka during
a Marketing Internship by Prof. Sameer Mathur, IIM Lucknow.

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IKEA|Analyzing Consumer Markets| Deepanwita Roy