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submitted by: imabluberry

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Topics > Business > IKEA a Case Study


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IKEA a Case Study

Ingvar Kamprad was the founder of IKEA in 1943; Ingvar was born in Smaland in the south of Sweden. ...
In 1951, IKEA was forbidden from selling directly to customers at fairs because various retailers thought that Ingvar was selling imitation. By 1952 IKEA was not allowed to show their prices on their furniture and the retail cartel members told the manufacturers not to sell to IKEA. ... The IKEA range focused on home furnishing products during the early 1950s. The opening of the showroom was an important moment in the development of the IKEA concept. ... This came about as a solution to the problem, as IKEA found itself in a price war with its main competitor. ... So, by opening a showroom, IKEA could in three dimensions present its products with function quality and low price. And as a result, people did just what IKEA had hoped: they chose the products wisely, with the best value for the money. ...
By 1965 the IKEA store in Stockholm was opened. ... By opening the warehouse and letting people serve themselves, an important part of the IKEA concept was born.


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