IKEA has a reputation of creating functional, modern, quality and affordable products. Products offered are available for any part of a home from bathroom, living room, bed room to kitchen and more. They not only offer furniture but they also offer accessories to compliment any room in any home. IKEA is a Swedish-founded Dutch-based company that has 355 in 29 countries. The popular furniture store has a vision “to create a better everyday like for the many people”. Some of the key factors that contribute to IKEA’s successful supply management is their affordability, quality and availability.
With roots dating back to 1943, Ikea has a history of creating affordable home furnishings for families in over 50 countries around the world. Ikea has 500 stores worldwide. Ikea’s vision is to create a better everyday life for the many people. The Ikea business idea supports this vision by offering a wide range of well-designed, functional home furnishing products at affordable prices. Ikea makes it their mission to understand customer lifestyles. Before creating any product, Ikea works tirelessly to understand its customers so that products can be created with the sole purpose of making life easier and better. Over the last several years, Ikea has incorporated various social media tactics to engage customers and to generate the feedback necessary to continuously improve and evolve existing products and to create new innovative products. Ikea is committed to solving real needs for life at home and customer feedback is absolutely critical to the successful development of its products. Ikea has been welcomed in the homes of countless families around the world in their quest to understand human behaviour patterns.
Company: Ikea Industry: Consumer Furniture Web References: Ikea, Supply Chain 24/7, Sweden.se, Wikipedia , Trade Gecko Blog, YouTube Ikea is the largest furniture retailer in the world. They are well known for their unique self assemble furniture, and low price points. Founder Ingvar Kamprad’s philosophy that “that anyone should be able to afford stylish, modernist furniture” was executed by selling flat packed furniture at modest… Read more »
Organization: Ikea Industry: Retail Web References: PSFK – Professional Search for Knowledge, HVAS Worldwide, Bazaarvoice Incorporated, Social@Ogilvy, IKEA UK In Bed with Brand – How IKEA Turned a Facebook Group Into Customer Engagement Success 20 years ago, sales and marketing success hinged on finding potentials clients through individual business networks, making one-on-one connections with those prospects and convincing them that… Read more »