IKEA INVADES AMERICA
A CASE STUDY AS A PART OF MARKETING MANAGEMENT I
Group 2
Akash Jain
Akshat Modi
Amit Kumar Singh
Amit Pandey
Anirban Sinha
FACTORS ACCOUNTING FOR IKEAS SUCCESS
One-stop Shop Experience
In-house Restaurants, play
rooms
Large open spaces
Establish
Retail Price
Select
Manufactur
er
Determine
the
material to
be used
Mix and match between
products possible
Ease of Logistics
Superior
Shopping
Environmen
t
Uncomplicat
ed Design
Low Prices
Strong
Purchasing
Power
Design
Process
Flat Packaging helps in
decreasing cost
Decreased cost from
suppliers
Global network of suppliers
ensures lowest cost
possible
1300 suppliers in 53
countries
COMPETITIVE ADVANTAGE
Large
Warehouse
Showroom
in Suburban
centres
Strength of
Brand Name
Economics
of Scale:
Standardizat
ion
Competiti
ve
Advantag
es
Economics
of Scope:
Restaurants
and other
facilities
Economic
Design:
Logistics
Network of
Supply:
1300
suppliers in
53 countries
Distinctiven
ess of
Design
Diversity in
Assortment
POSITIONING STRATEGIES USED BY IKEA
Low Cost
leadershi
p
Strategy
Product
Strategy
Promotio
n
Strategie
s
Unique value chain
innovations
Wide range of products
Diversify Product line and
depth
High Profile advertisement
Campaign
70% marketing budget on
Catalogues
Online advertisement
PERCEPTUAL MAP
SEGMENTATION FOR IKEA
SEGMENTATION FOR METABICAL
Demography
Geography
urban and rural people
Psychography
Behavior
:
Choose drugs to lose their weight
Choose herbal to lose their weight
Like sport
Loyal to brand
Value oriented
Health treatment oriented
Price sensitive
Choose drugs based on advice
Check their healthy if there is only
damage
17 until 70 years old
education level : less than high
school, high school, some
collage, collage
income level : $25,000 $80,000+
Behavior
Choose drugs to lose their
weight
Like sport
Loyal to brand
Value oriented
Health treatment oriented
Choose drugs based on
advice
Demography
25 until 65 years
old
Collage
$25,000 ++
People who want to look like a
movie star
People who want to be healthier
People who want to wear the skinny
jeans
People who want to lose weight with
easy way
People that fine in the way they are
People with BMIs score :
overweight (2530), obese (30-40), severely obese
(over 40)
Psychography
People who want
to be healthier
People with BMI
score of 25-30
THANK YOU