SlideShare a Scribd company logo
1 of 12
Download to read offline
IKEA CASE
STUDY
INTRODUCTION
IKEA is one of the biggest furniture companies in the
world founded by a carpenter named Ingvar
Kamprad who was 17 years old, in Sweden in 1943.
Everybody knows that Ikea offers products at a very
lower price than any retail shop. Ikea has invested
800 crores in India, It has more than 9500 Products
and has more than 350 stores in 35 countries.
1943
IKEA is founded by
Ingvar Kamprad.
1948
Furniture is introduced into
the IKEA range to discuss.
1958
The first IKEA store
opens in Sweden
1982
IKEA Group is formed
HISTORY
IKEATEAM
Ingvar Kamprad Jesper Brodin Susanne Pulverer
FOUNDER CEO CEO INDIA
HOW IT BECAME A BILLION-
DOLLAR BRAND ?
The European brand specializes in providing kitchen and
home appliances, along with accessories. Currently
operating in 52 countries, the company opened its first
store in Sweden with the name Möbel-IKÉA. Germany
(53) leads the race in the number of stores followed by
the United States (50).
I - Ingvar
K - Kamprad
E - Elmtaryd, the name of the family
farm where Ingvar Kamprad was born
A - Agunnaryd, the
hometown of the owner
IKEA IS AN
ACRONYM FOR
TITLE PAGE
SWOT
ANALYSIS
1. Customer knowledge
2. Constantly using innovations to drive costs down
3. Supply chain integration
4. Brand reputation and market presence
5. Diversified product portfolio
1. Further expansion into developing economies
2. Growing online sales
3. Expansion to growing grocery market
1. Negative publicity
2. Decreasing quality
3. Standard products
1. Intensifying competition
2. Growth of average consumer income
STRENGTH WEAKNESS
OPPORTUNIES THREATS
HOW IKEA DEALS WITH CONSUMERS IN
DIFFERENT MARKETS ?
UNDERSTANDING CONSUMERS
IN DIFFERENT GEOGRAPHIC
LOCATIONS.
DO IT YOURSELF
1
2
2
3 AFFORDABLE FURNITURE
RELEVANT AND FASHIONABLE
SHOWROOM EXPERIENCE
5
4
HOW IKEA DEALS WITH CONSUMERS IN
DIFFERENT MARKETS ?
PROS
Successful Brand
Positioning
Unique
customer
engaement
Customized
furniture
1 2 3
CONS
Competition
from traditional
furniture
DIY
Implementation
difficulty
Customization
issues
1 2 3
Different
consumer
preferences
4
Thank you!

More Related Content

What's hot

Ikea rachael & rebecca
Ikea   rachael & rebeccaIkea   rachael & rebecca
Ikea rachael & rebecca
Marcus McGowan
 
Ikea ppt - FINAL PRESENTED
Ikea ppt - FINAL PRESENTEDIkea ppt - FINAL PRESENTED
Ikea ppt - FINAL PRESENTED
Bruna Furlan
 

What's hot (20)

IKEA
IKEAIKEA
IKEA
 
Ikea Case Study
Ikea Case StudyIkea Case Study
Ikea Case Study
 
IKEA PRESENTATION
IKEA PRESENTATIONIKEA PRESENTATION
IKEA PRESENTATION
 
Ikea rachael & rebecca
Ikea   rachael & rebeccaIkea   rachael & rebecca
Ikea rachael & rebecca
 
Ikea's supply chain 2018
Ikea's supply chain 2018Ikea's supply chain 2018
Ikea's supply chain 2018
 
IKEA Case Study
IKEA Case StudyIKEA Case Study
IKEA Case Study
 
Ikea ppt - FINAL PRESENTED
Ikea ppt - FINAL PRESENTEDIkea ppt - FINAL PRESENTED
Ikea ppt - FINAL PRESENTED
 
Ikea_Principles of Management
Ikea_Principles of ManagementIkea_Principles of Management
Ikea_Principles of Management
 
Inventory system and supply chain of IKEA multi national furniture industry
Inventory system and supply chain  of IKEA multi national furniture industryInventory system and supply chain  of IKEA multi national furniture industry
Inventory system and supply chain of IKEA multi national furniture industry
 
IKEA Marketing
IKEA MarketingIKEA Marketing
IKEA Marketing
 
Ikea - operations and supply management
Ikea - operations and supply managementIkea - operations and supply management
Ikea - operations and supply management
 
Ikea (Final Ppt)
Ikea (Final Ppt)Ikea (Final Ppt)
Ikea (Final Ppt)
 
Ikea case study
Ikea case studyIkea case study
Ikea case study
 
IKEA
IKEAIKEA
IKEA
 
Ikea marketing management presentation
Ikea marketing management presentationIkea marketing management presentation
Ikea marketing management presentation
 
IKEA STRATEGIC MANAGEMENT
IKEA STRATEGIC MANAGEMENTIKEA STRATEGIC MANAGEMENT
IKEA STRATEGIC MANAGEMENT
 
IKEA Strategic Planning Assignment
IKEA Strategic Planning AssignmentIKEA Strategic Planning Assignment
IKEA Strategic Planning Assignment
 
The Franchise, case study : IKEA
The Franchise, case study : IKEA The Franchise, case study : IKEA
The Franchise, case study : IKEA
 
IKEA Case Study
IKEA Case StudyIKEA Case Study
IKEA Case Study
 
Ikea operations
Ikea operationsIkea operations
Ikea operations
 

Similar to IKEA CASE STUDY .pdf

TitleABC123 Version X1IKEA Furniture Retailer to the.docx
TitleABC123 Version X1IKEA Furniture Retailer to the.docxTitleABC123 Version X1IKEA Furniture Retailer to the.docx
TitleABC123 Version X1IKEA Furniture Retailer to the.docx
edwardmarivel
 
Case 18 IKEA in 2013 Furniture Retailer to the World 
Case 18 IKEA in 2013 Furniture Retailer to the World Case 18 IKEA in 2013 Furniture Retailer to the World 
Case 18 IKEA in 2013 Furniture Retailer to the World 
DinahShipman862
 
Ikeacasestudy 12663939423849-phpapp02
Ikeacasestudy 12663939423849-phpapp02Ikeacasestudy 12663939423849-phpapp02
Ikeacasestudy 12663939423849-phpapp02
asad101
 
CASE 6 Business Model and Competitive Strategy of IKEA in India.docx
CASE 6 Business Model and Competitive Strategy of IKEA in India.docxCASE 6 Business Model and Competitive Strategy of IKEA in India.docx
CASE 6 Business Model and Competitive Strategy of IKEA in India.docx
wendolynhalbert
 
IKEA CASE STUDY SUMMARY QUESTIONS 1. How have IKEA’s.docx
IKEA CASE STUDY SUMMARY QUESTIONS   1. How have IKEA’s.docxIKEA CASE STUDY SUMMARY QUESTIONS   1. How have IKEA’s.docx
IKEA CASE STUDY SUMMARY QUESTIONS 1. How have IKEA’s.docx
wilcockiris
 
IKEA’s Global Sourcing Challenge Indian Rugs and Child Labo
IKEA’s Global Sourcing Challenge Indian Rugs and Child LaboIKEA’s Global Sourcing Challenge Indian Rugs and Child Labo
IKEA’s Global Sourcing Challenge Indian Rugs and Child Labo
LizbethQuinonez813
 
Ikea the global
Ikea  the globalIkea  the global
Ikea the global
jeanbasid
 
CHAPTER6Design Thinking and InnovationWhat is design thinkin.docx
CHAPTER6Design Thinking and InnovationWhat is design thinkin.docxCHAPTER6Design Thinking and InnovationWhat is design thinkin.docx
CHAPTER6Design Thinking and InnovationWhat is design thinkin.docx
christinemaritza
 

Similar to IKEA CASE STUDY .pdf (20)

Ikea. presentation
Ikea. presentationIkea. presentation
Ikea. presentation
 
IKEA TECHNO.pptx
IKEA TECHNO.pptxIKEA TECHNO.pptx
IKEA TECHNO.pptx
 
Ikea
IkeaIkea
Ikea
 
TitleABC123 Version X1IKEA Furniture Retailer to the.docx
TitleABC123 Version X1IKEA Furniture Retailer to the.docxTitleABC123 Version X1IKEA Furniture Retailer to the.docx
TitleABC123 Version X1IKEA Furniture Retailer to the.docx
 
Ikea final
Ikea finalIkea final
Ikea final
 
IKEA | Brand Management | MAGNAMOPUS
IKEA | Brand Management | MAGNAMOPUSIKEA | Brand Management | MAGNAMOPUS
IKEA | Brand Management | MAGNAMOPUS
 
Ikea definitivo
Ikea definitivoIkea definitivo
Ikea definitivo
 
Case 18 IKEA in 2013 Furniture Retailer to the World 
Case 18 IKEA in 2013 Furniture Retailer to the World Case 18 IKEA in 2013 Furniture Retailer to the World 
Case 18 IKEA in 2013 Furniture Retailer to the World 
 
Ikeacasestudy 12663939423849-phpapp02
Ikeacasestudy 12663939423849-phpapp02Ikeacasestudy 12663939423849-phpapp02
Ikeacasestudy 12663939423849-phpapp02
 
INGAVAR KAMPRAD
INGAVAR KAMPRAD INGAVAR KAMPRAD
INGAVAR KAMPRAD
 
Ikea
IkeaIkea
Ikea
 
Shauna Ameye
Shauna AmeyeShauna Ameye
Shauna Ameye
 
A project of IKEA
A project of IKEAA project of IKEA
A project of IKEA
 
CASE 6 Business Model and Competitive Strategy of IKEA in India.docx
CASE 6 Business Model and Competitive Strategy of IKEA in India.docxCASE 6 Business Model and Competitive Strategy of IKEA in India.docx
CASE 6 Business Model and Competitive Strategy of IKEA in India.docx
 
IKEA CASE STUDY SUMMARY QUESTIONS 1. How have IKEA’s.docx
IKEA CASE STUDY SUMMARY QUESTIONS   1. How have IKEA’s.docxIKEA CASE STUDY SUMMARY QUESTIONS   1. How have IKEA’s.docx
IKEA CASE STUDY SUMMARY QUESTIONS 1. How have IKEA’s.docx
 
IKEA’s Global Sourcing Challenge Indian Rugs and Child Labo
IKEA’s Global Sourcing Challenge Indian Rugs and Child LaboIKEA’s Global Sourcing Challenge Indian Rugs and Child Labo
IKEA’s Global Sourcing Challenge Indian Rugs and Child Labo
 
IKEA’s- Global Marketing Strategy
IKEA’s- Global Marketing StrategyIKEA’s- Global Marketing Strategy
IKEA’s- Global Marketing Strategy
 
Ikea the global
Ikea  the globalIkea  the global
Ikea the global
 
IKEA
IKEAIKEA
IKEA
 
CHAPTER6Design Thinking and InnovationWhat is design thinkin.docx
CHAPTER6Design Thinking and InnovationWhat is design thinkin.docxCHAPTER6Design Thinking and InnovationWhat is design thinkin.docx
CHAPTER6Design Thinking and InnovationWhat is design thinkin.docx
 

Recently uploaded

If this Giant Must Walk: A Manifesto for a New Nigeria
If this Giant Must Walk: A Manifesto for a New NigeriaIf this Giant Must Walk: A Manifesto for a New Nigeria
If this Giant Must Walk: A Manifesto for a New Nigeria
Kayode Fayemi
 
Chiulli_Aurora_Oman_Raffaele_Beowulf.pptx
Chiulli_Aurora_Oman_Raffaele_Beowulf.pptxChiulli_Aurora_Oman_Raffaele_Beowulf.pptx
Chiulli_Aurora_Oman_Raffaele_Beowulf.pptx
raffaeleoman
 
Proofreading- Basics to Artificial Intelligence Integration - Presentation:Sl...
Proofreading- Basics to Artificial Intelligence Integration - Presentation:Sl...Proofreading- Basics to Artificial Intelligence Integration - Presentation:Sl...
Proofreading- Basics to Artificial Intelligence Integration - Presentation:Sl...
David Celestin
 
Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...
Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...
Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...
amilabibi1
 
Uncommon Grace The Autobiography of Isaac Folorunso
Uncommon Grace The Autobiography of Isaac FolorunsoUncommon Grace The Autobiography of Isaac Folorunso
Uncommon Grace The Autobiography of Isaac Folorunso
Kayode Fayemi
 

Recently uploaded (15)

If this Giant Must Walk: A Manifesto for a New Nigeria
If this Giant Must Walk: A Manifesto for a New NigeriaIf this Giant Must Walk: A Manifesto for a New Nigeria
If this Giant Must Walk: A Manifesto for a New Nigeria
 
Chiulli_Aurora_Oman_Raffaele_Beowulf.pptx
Chiulli_Aurora_Oman_Raffaele_Beowulf.pptxChiulli_Aurora_Oman_Raffaele_Beowulf.pptx
Chiulli_Aurora_Oman_Raffaele_Beowulf.pptx
 
Report Writing Webinar Training
Report Writing Webinar TrainingReport Writing Webinar Training
Report Writing Webinar Training
 
SOLID WASTE MANAGEMENT SYSTEM OF FENI PAURASHAVA, BANGLADESH.pdf
SOLID WASTE MANAGEMENT SYSTEM OF FENI PAURASHAVA, BANGLADESH.pdfSOLID WASTE MANAGEMENT SYSTEM OF FENI PAURASHAVA, BANGLADESH.pdf
SOLID WASTE MANAGEMENT SYSTEM OF FENI PAURASHAVA, BANGLADESH.pdf
 
Dreaming Marissa Sánchez Music Video Treatment
Dreaming Marissa Sánchez Music Video TreatmentDreaming Marissa Sánchez Music Video Treatment
Dreaming Marissa Sánchez Music Video Treatment
 
My Presentation "In Your Hands" by Halle Bailey
My Presentation "In Your Hands" by Halle BaileyMy Presentation "In Your Hands" by Halle Bailey
My Presentation "In Your Hands" by Halle Bailey
 
Proofreading- Basics to Artificial Intelligence Integration - Presentation:Sl...
Proofreading- Basics to Artificial Intelligence Integration - Presentation:Sl...Proofreading- Basics to Artificial Intelligence Integration - Presentation:Sl...
Proofreading- Basics to Artificial Intelligence Integration - Presentation:Sl...
 
Dreaming Music Video Treatment _ Project & Portfolio III
Dreaming Music Video Treatment _ Project & Portfolio IIIDreaming Music Video Treatment _ Project & Portfolio III
Dreaming Music Video Treatment _ Project & Portfolio III
 
Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...
Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...
Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...
 
ICT role in 21st century education and it's challenges.pdf
ICT role in 21st century education and it's challenges.pdfICT role in 21st century education and it's challenges.pdf
ICT role in 21st century education and it's challenges.pdf
 
The workplace ecosystem of the future 24.4.2024 Fabritius_share ii.pdf
The workplace ecosystem of the future 24.4.2024 Fabritius_share ii.pdfThe workplace ecosystem of the future 24.4.2024 Fabritius_share ii.pdf
The workplace ecosystem of the future 24.4.2024 Fabritius_share ii.pdf
 
Uncommon Grace The Autobiography of Isaac Folorunso
Uncommon Grace The Autobiography of Isaac FolorunsoUncommon Grace The Autobiography of Isaac Folorunso
Uncommon Grace The Autobiography of Isaac Folorunso
 
AWS Data Engineer Associate (DEA-C01) Exam Dumps 2024.pdf
AWS Data Engineer Associate (DEA-C01) Exam Dumps 2024.pdfAWS Data Engineer Associate (DEA-C01) Exam Dumps 2024.pdf
AWS Data Engineer Associate (DEA-C01) Exam Dumps 2024.pdf
 
lONG QUESTION ANSWER PAKISTAN STUDIES10.
lONG QUESTION ANSWER PAKISTAN STUDIES10.lONG QUESTION ANSWER PAKISTAN STUDIES10.
lONG QUESTION ANSWER PAKISTAN STUDIES10.
 
Digital collaboration with Microsoft 365 as extension of Drupal
Digital collaboration with Microsoft 365 as extension of DrupalDigital collaboration with Microsoft 365 as extension of Drupal
Digital collaboration with Microsoft 365 as extension of Drupal
 

IKEA CASE STUDY .pdf

  • 2. INTRODUCTION IKEA is one of the biggest furniture companies in the world founded by a carpenter named Ingvar Kamprad who was 17 years old, in Sweden in 1943. Everybody knows that Ikea offers products at a very lower price than any retail shop. Ikea has invested 800 crores in India, It has more than 9500 Products and has more than 350 stores in 35 countries.
  • 3. 1943 IKEA is founded by Ingvar Kamprad. 1948 Furniture is introduced into the IKEA range to discuss. 1958 The first IKEA store opens in Sweden 1982 IKEA Group is formed HISTORY
  • 4. IKEATEAM Ingvar Kamprad Jesper Brodin Susanne Pulverer FOUNDER CEO CEO INDIA
  • 5. HOW IT BECAME A BILLION- DOLLAR BRAND ? The European brand specializes in providing kitchen and home appliances, along with accessories. Currently operating in 52 countries, the company opened its first store in Sweden with the name Möbel-IKÉA. Germany (53) leads the race in the number of stores followed by the United States (50).
  • 6. I - Ingvar K - Kamprad E - Elmtaryd, the name of the family farm where Ingvar Kamprad was born A - Agunnaryd, the hometown of the owner IKEA IS AN ACRONYM FOR
  • 7. TITLE PAGE SWOT ANALYSIS 1. Customer knowledge 2. Constantly using innovations to drive costs down 3. Supply chain integration 4. Brand reputation and market presence 5. Diversified product portfolio 1. Further expansion into developing economies 2. Growing online sales 3. Expansion to growing grocery market 1. Negative publicity 2. Decreasing quality 3. Standard products 1. Intensifying competition 2. Growth of average consumer income STRENGTH WEAKNESS OPPORTUNIES THREATS
  • 8. HOW IKEA DEALS WITH CONSUMERS IN DIFFERENT MARKETS ? UNDERSTANDING CONSUMERS IN DIFFERENT GEOGRAPHIC LOCATIONS. DO IT YOURSELF 1 2 2 3 AFFORDABLE FURNITURE
  • 9. RELEVANT AND FASHIONABLE SHOWROOM EXPERIENCE 5 4 HOW IKEA DEALS WITH CONSUMERS IN DIFFERENT MARKETS ?