Welcome to Francis Academic Press

Academic Journal of Business & Management, 2023, 5(12); doi: 10.25236/AJBM.2023.051208.

The Observations of IKEA in Chinese Market

Author(s)

Qianfeng Hu

Corresponding Author:
Qianfeng Hu
Affiliation(s)

Ningde Vocational and Technical College, Ningde, Fujian, 355000, China

Abstract

This paper aims to study the marketing strategies adopted by the global brand IKEA. This paper takes the Swedish furniture brand IKEA as the research object and the China market as the research market for discussion. This paper first introduces the IKEA brand of Swedish furniture, then summarizes the strategy of furniture industry, then studies the macro-environment of China furniture industry, and finally studies the influence of Sweden, and finally summarizes and comprehensively analyzes IKEA's marketing strategy and its adaptability in new fields. After determining the marketing effect of the global brand IKEA in China market, it gives a summary and suggestions.

Keywords

Marketing Strategy, Furniture industry, IKEA

Cite This Paper

Qianfeng Hu. The Observations of IKEA in Chinese Market. Academic Journal of Business & Management (2023) Vol. 5, Issue 12: 56-60. https://doi.org/10.25236/AJBM.2023.051208.

References

[1] Baraldi E. Strategy in industrial networks: experiences from IKEA [J]. California management review, 2008, 50(4):99-126.

[2] Mary Baxter, Anthony Landry. "IKEA: Products, pricing, and straight-through[J]. Economic Research, 2017, 71(3)507-520.

[3] Bullard Steven H., "Innovate or evaporate . . . business concept innovation in the furniture industry in the age of information" [M]. Faculty Publications,2022.https://scholarworks.sfasu.edu/forestry/42

[4] Burt S., Johansson U. and Thelander Å. Standardized marketing strategies in retailing? IKEA’s marketing strategies in Sweden, the UK and China [J]. Journal of Retailing and Consumer Services, 2011, 18(3): 183-193.

[5] Cao X., Hansen E.N., Xu M. and Xu B. China's furniture industry today [J]. Forest Products Journal, 2004, 54(11): 14.

[6] De Marchi, V., Di Maria, E. and Ponte S. The greening of global value chains: Insights from the furniture industry [J]. Competition & change, 2013, 17(4): 299-318.

[7] Edvardsson B. and Enquist B. The service excellence and innovation model: lessons from IKEA and other service frontiers [J]. Total Quality Management & Business Excellence, 2011, 22(5):535-551.

[8] Ghauri P.N., Tarnovskaya V. and Elg U. Market driving multinationals and their global sourcing network [J]. International Marketing Review, 2008, 25(5):504-519.

[9] Gummesson E. Making relationship marketing operational [J]. International Journal of service industry management, 1994, 5(5): 5-20.

[10] Johnsen R, Johnsen T, Hertz S, et al. Global sourcing development at IKEA - A case study[J]. Post-Print, 2009.

[11] Hultman J., Johnsen T., Johnsen R. and Hertz S. An interaction approach to global sourcing: A case study of IKEA [J]. Journal of purchasing and supply management, 2012, 18(1): 9-21.

[12] Iritani D.R., Silva D.L., Saavedra Y.M.B., Grael P.F.F. and Ometto A.R. Sustainable strategies analysis through Life Cycle Assessment: a case study in a furniture industry [J]. Journal of Cleaner Production, 2015, 96:308-318.

[13] Ivarsson I. and Alvstam C.G. Upgrading in global value-chains: a case study of technology-learning among IKEA-suppliers in China and Southeast Asia [J]. Journal of Economic Geography, 2010, 11(4):731-752.

[14] Leslie D. and Reimer S. Fashioning furniture: restructuring the furniture commodity chain [J]. Area, 2003, 35(4):427-437.

[15] Johansson U. and Thelander Å. A standardised approach to the world? IKEA in China [J]. International Journal of Quality and Service Sciences, 2009, 1(2): 199-219.

[16] Melander A. and Nordqvist M. Investing in social capital: networks, trust, and beliefs in the Swedish furniture industry [J]. International Studies of Management & Organization, 2001, 31(4): 89-108.

[17] Norton M.I., Mochon D. and Ariely D. The IKEA effect: When labor leads to love [J]. Journal of consumer psychology, 2012, 22(3): 453-460.

[18] Roos A., Flinkman M., Jäppinen A., Lönner G. and Warensjö M. Identification of value-adding strategies in the Swedish sawn wood industry [J]. Scandinavian journal of forest research, 2002, 17(1):90-96.

[19] Sandberg D., Vasiri M., Trischler J. and Öhman M. The role of the wood mechanical industry in the Swedish forest industry cluster [J]. Scandinavian Journal of Forest Research, 2014, 29(4):352-359.