Preview

Ikea Vision

Good Essays
Open Document
Open Document
883 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Ikea Vision
The IKEA vision is "To create a better everyday life for the many people."

Our business idea is "To offer a wide range of well designed, functional home furnishing products at prices so low that as many people as possible will be able to afford them." the IKEA concept is based on the market positioning statement. "We do our part" focuses on our commitment to product design, consumer value and clever solutions. By using inexpensive materials in a novel way and minimising production, distribution and retail costs, our customers benefit from low prices.

the IKEA product range is developed to be extensive enough to have something that appeals to everyone and to cover all functions in the home. The products are modern not trendy so they are practical enough for everyday use.

IKEA is the home furnishing specialist. IKEA products are functional and appealing, and enable many people to improve their home life through practical solutions to everyday problems. low price is not appealing unless it represents good value for money. This is where IKEA is able to make a real difference. IKEA is committed to having a good relationship with our suppliers and so we are able to purchase good quaility, economically produced designs that are bought in bulk to keep costs down. By making all our furniture flat packed we cut down on transportation and assembly costs. convenient shopping

The IKEA store offers "everything under one roof", most of it available for immediate take-away. IKEA offers service where you need it, but allows customers to make most of the decisions themselves. This means that we need to make it easy to choose the right products by displaying them correctly, describing them accurately and having a simple returns policy.

a day out for the whole family
IKEA aim to look after our customers by planning for their needs. Not only do we provide inspiration and ideas, but we also encourage people to touch, feel and use the products on display to see how they

You May Also Find These Documents Helpful

  • Powerful Essays

    IKEA is the world’s largest furniture store that offers well-designed, functional home furnishing products at low prices. The store offers home furnishings to meet the needs of everyone. The company vision is to create a better everyday life for the many people. Ikea is able to back their vision with their products and prices.…

    • 1535 Words
    • 7 Pages
    Powerful Essays
  • Best Essays

    Ethical Issue Ikea

    • 2993 Words
    • 12 Pages

    IKEA’s mission is to offer a wide range of home furnishing items of good design and function, excellent quality and durability, at prices so low that the majority of people can afford to buy them. The company targets the customer who is looking for value and is willing to do a little bit of work serving themselves, transporting the items home and assembling the furniture for a better price. The typical IKEA customer is young, low to middle income family.…

    • 2993 Words
    • 12 Pages
    Best Essays
  • Good Essays

    customers want to buy from IKEA. This low price strategy is coupled with a wide range of well designed,…

    • 2173 Words
    • 9 Pages
    Good Essays
  • Good Essays

    Case Study Ikea

    • 1919 Words
    • 8 Pages

    Second, IKEA has set up a very unique concept that perfectly fits its mantra. In order to save costs, they are pursuing a strategy of self service. The customers chose their products themselves, get them from the warehouse, transport them home and assemble them. This helps them to save costs. IKEA has, for instance, implemented flat packages for their products. With this packaging method they can save transport costs, since they save space and IKEA can thus ship more products at once. Furthermore it supports the idea of customer self service, since you can easily transport the flat packages in your car, to carry the products home. Moreover, IKEA is constantly redesigning its products, which helps them to save money and thus keep prices stable or even lower…

    • 1919 Words
    • 8 Pages
    Good Essays
  • Powerful Essays

    The IKEA Concept makes it possible to serve the many by providing low-priced products that contribute to helping more people live a better life at home. (IKEA, 2012) Therefore, IKEA aimed at providing product with enough quantity for much number or people, but still insist on low-price, high quality, and well…

    • 1440 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Ikea Case Analysis

    • 734 Words
    • 3 Pages

    IKEA furniture is meant to be basic but functional furniture. Moving beyond that, it is designed with bright colors and fun styles to bring an artistic flare to a space. Even so, it is cheap enough so that it can be replaced and changed over time.…

    • 734 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    IKEA has a strong international brand recognition built upon a unique philosophy and low product prices, combined with solid sales performance. IKEA’ s famous vision is “to create a better everyday life for many people”. The company maintains total control of its design, pricing and supply of product ranges globally, and thus has a product portfolio that caters for most consumer lifestyles and budgets.…

    • 384 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Ikea Concept and History

    • 730 Words
    • 3 Pages

    At IKEA our vision is to create a better everyday life for the many people. Our business idea supports this vision by offering a wide range of well-designed, functional home furnishing products at prices so low that as many people as possible will be able to afford them.…

    • 730 Words
    • 3 Pages
    Good Essays
  • Best Essays

    their market positioning statement is "Your partner in better living. We do our part, you do yours. Together we save money." By understanding this key concepts Ikea can use this content to encourage customers to expectance the Ikea way of living and help them to build on the Ikea brand. (Ikea.com, 2012)…

    • 1899 Words
    • 8 Pages
    Best Essays
  • Powerful Essays

    It is clear that IKEA’s value proposition is based around selling quality, stylish, innovative but low cost furnishing products. Their unbeatable low price is…

    • 1659 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    IKEA Brand Scorecard Final

    • 2632 Words
    • 11 Pages

    According to IKEA’s business concept , “At IKEA our vision is to create a better everyday life for the many people. Our business idea supports this vision by offering a wide range of well-designed, functional home furnishing products at prices so low that as many people as possible will be able to afford them”(Ikea.com, 2014). From their own definition of what their vision is it can be said that they aim to vastly improve the quality of the lives of people who are in a lower income bracket, whilst still maintaining a certain level of product superiority and status. The IKEA brands vision is to use the concepts of conservation and minimalism to their full potential, by focusing on the effectiveness of simplicity and the functionality of each product rather then purely the aesthetical components.…

    • 2632 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    Ikea Invades America

    • 1872 Words
    • 8 Pages

    IKEA has targeted customers who seek stylish furniture at a reasonable cost. IKEA’s business idea is;…

    • 1872 Words
    • 8 Pages
    Powerful Essays
  • Best Essays

    Ikea Business Strategy

    • 1565 Words
    • 7 Pages

    Ikea is not only a furnishings market brand, but also a furniture brand. Through a series of operations, in people 's eyes, Ikea is not simply a purchase house ware places, it represents a way of life. In our mind, Ikea 's success not only depends on its integration of the trade, logistics, but it used to integrate the core idea of trade, logistics-lifestyle (Margonelli, Lisa 2002). As we said before: using Ikea’s products is just like eating McDonald 's, drinking starbucks coffee, becoming a symbol of a lifestyle.…

    • 1565 Words
    • 7 Pages
    Best Essays
  • Good Essays

    IKEA case

    • 561 Words
    • 3 Pages

    IKEa is a Swedish low cost home design firm. The core competencies of this firm are that you don’t get much service but you can buy the products at a low price. In every store of IKEA are there showrooms where you can see the furniture in a real life setting before you buy the products. After you went trough the showrooms and you found something for yourself. You can pick up the products in the warehouse downstairs. This warehouse has a self-service base, so you buy immediately your products and you don’t have to order them. The products that you can pick up in the warehouse are very flat packed so they are easy to transport. The end products of IKEA are home design product as furniture, decoration and kitchens. The competencies are linked with the end products in a way that it is easy to buy the products because you don’t have to order and the product are for sale for a verily low price.…

    • 561 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Ikea Case

    • 1212 Words
    • 5 Pages

    Another one of IKEA’s competitive priorities is their shopping experience. IKEA has a funky store that attracts their exact consumer they are trying to bring into the store… a 18-30 year old who is likely educated, lives in a good neighborhood, who doesn’t have much money yet but likely will in the future. They have a taste for the designed goods but on a budget. Additionally, IKEA’s stores are set up in a logical fashion with large directions so they are very easy to navigate. They put their products installed into mini-rooms that portray a house. This allows the consumer a clear visual idea of how it’ll look.…

    • 1212 Words
    • 5 Pages
    Good Essays

Related Topics