Theeseeyhasexpaanannualrateofover8pertforthepast30years。Paralleltothis,theesefurryhasgrownvigorously,withalyrisingbyover20pertayear。Legislationtoprivatisehomeoidlyrisinginelevelshavepretedgrowthinthehomeimproveme。AgtoestimatesfromtheCreditSuissegroup,awillbetheworld’ssedlargestfurby2014。Thisdemandhasboosteddomesticprodudalsopromptediionalfururerstoehislucrativemarket。
IKEA,aSwedishfurniturepany,wasoionalpaomoveintoa。Itisamajorfurailerinover40triesaroundtheworldandhasannualsalesofover21billioneuros(IKEAwebsite)。Iteheesemarketin1998withitsfirststoreinBeijipotentialiry,havingalreadyexpaoresaributioethissuccessfulgrowth,IKEAhasfounditselffaumberofgesintermsoflocaldiffereureandbusiness。
&ingIKEAina
&ielytailoredtolotexts。IKEAhaskeptthisnotioninmindwhendesigrategiesandtryioloerswhilemaintainingprofitability。Thepaofipossibleisebetweenstandardisationandadaptationtothelocalmarkets。Itsproductpolicypayscarefulattentioyleahesetofproductattributeseffectively(ArmstrongandKotler,2006)。
&orelayoutsreflectthefloorplanofmaments,andsinyofthesehavebalies,thestoresincludeabalysetrastwithtraditioure,whichisdarkwithmug,IKEAierayle。However,effortshavebeeitsproductstoesetaste。ForihasreleasedaseriesofproductsjustbeforeeaeseNewYear。In2008,theyearoftherat,theseries“Fabler”wasdesigned,usingthecolourred,whichisassociatedwithgoodluck。
geswerealsomadetosomepres。InSweden,peopleareusedtosleepinginsioputtingtwosihertoformadoublebed。However,thisideawasnotverywellreceivedbyesecouples,duetothefactthatsleepiebedssymbolisesapoorrelationshipabadluaddition,esebrandnamesshouldhavepositiveotations。TheameofIKEA(YiJia)means“fortablehome”,whichgivesthepanyausefuladvahemarket。
Animportaaileristheservicesitoffers。TheShanghaistore,forinstance,hasa’splaygroundaaurant,whichmakeitdistinctive。However,ersexpectfreedeliveryandinstallation,andalthoughIKEAhasreduceditschargesforthese,itstillparesunfavourablywithitspetitors。
Price
&hepaeredaitstargetmarketleswithanineof5,000-8,000RMBpermonth。Folloriceredusthishasnowbeeofamilieswithjustover3,000RMB。Variieshavebeeoachievethesereduosteffegtosourcelocally。70pertofitsproductssoldinaarehetry(Song,2005)。Furthermore,IKEAreplaceditsthiualcataloguewiththinnerbrochureswhioearfivetimesayear。Thesenotonlytingcostsbutalsogivegreaterflexibilitytoadjustprices。
&yisalsoanimportaheesemarket。InmosttriesIKEAstoresaresitednearmainroads,butasooflikelyersowna,easyaccesstopublisportisvital(Miller,2004)。
&isingplaysanimportaotalpromotionalmix。IKEAusesadvertisiively,withadvertsintheloeerstokeepersinformedofspecialoffers。AllTVercialsareproducedlocallywithesecharacters。Publisisalsovitaltobuildingage。Ina,IKEAcooperatesideFundforNature(WWF)oprojects。Thepanyinsistsonusingeallyfriendlyandrecyclablematerialsforthepagoftheirproducts,aspartoftheireffortstobuildage。
Disd
IKEA’sproductpoliahasbeentosuccessfullystasasmuchaspossible,butalsoueeded。Butithaslearserviceisalsovital:freedeliveryandinstallatioheperceivedrulesinthelocalmarketwhieedstofollow。Ithasfurtherfoundthatitisbettertoloadowntownarea,easilyaccessiblewithpublisport,whenfreedeliveryisnotprovided。
&ionalpanieswhichoperateina,suchasIKEA,faplicatedmarketihanlopabeesdthhlyresearchlocalrequiremehansimplyiandardmodelofbusiness。
&oanswer
(1)。WhathasIKEAdototheesemarket?
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(2)。Giveexamplesofproblemsthepanyhasfathismarket。
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(3)。Whatcouldbedooimprovethecasestudy?
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Activity3-4:Thinkofit
&hereseararketingIKEAinaagainandthinkofthefollowiions。
1。Whataretheadvantagesofingcasestudies?
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2。Whatarethedisadva?
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Activity3-5:Learntochooseagoodcasestudy
Matchthetopitheleftchartwiththecasestudiesgivechart。