How IKEA, The Undisputed King Of Furniture

𝗛𝗼𝘄 𝗜𝗞𝗘𝗔, 𝗧𝗵𝗲 𝗨𝗻𝗱𝗶𝘀𝗽𝘂𝘁𝗲𝗱 𝗞𝗶𝗻𝗴 𝗢𝗳 𝗙𝘂𝗿𝗻𝗶𝘁𝘂𝗿𝗲 𝗛𝗮𝘀 𝗥𝗲𝗱𝗲𝗳𝗶𝗻𝗲𝗱 𝗧𝗵𝗲𝗶𝗿 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆?

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The Undisputed King Of Furniture

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- $60 billion firm neither manufactures furniture nor pays taxes. - IKEA one such a billion dollar empire

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How IKEA does this?

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Cost Advantage

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How does Kamprad family paying less taxes?

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Emotional Attachment of Customers

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Economy Simplified

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𝗛𝗼𝘄 𝗜𝗞𝗘𝗔, 𝗧𝗵𝗲 𝗨𝗻𝗱𝗶𝘀𝗽𝘂𝘁𝗲𝗱 𝗞𝗶𝗻𝗴 𝗢𝗳 𝗙𝘂𝗿𝗻𝗶𝘁𝘂𝗿𝗲 𝗛𝗮𝘀 𝗥𝗲𝗱𝗲𝗳𝗶𝗻𝗲𝗱 𝗧𝗵𝗲𝗶𝗿 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆?

Economy Simplified

Basic of Economy

The Undisputed King Of Furniture

The Undisputed King Of Furniture

-IKEA, world’s largest furniture company. - IKEA is available in Japan , Singapore, India, Germany , Australia

- $60 billion firm neither manufactures furniture nor pays taxes. - IKEA one such a billion dollar empire

Store room to the worldwide furniture market.

Store room to the worldwide furniture market.

How IKEA does this?

How IKEA does this?

- Sourcing - Warehousing –Outbound Logistics. - Inbound Logistics – Low labor cost

Cost Advantage

Cost Advantage

-Opt ledge packaging -Location mapping -Large space -Cheap land -Most importantly, engaged efforts.

How does Kamprad family paying less taxes?

How does Kamprad family paying less taxes?

IKEA foundation is a non-profit organization already pays 33% less taxes than profit organizations.

Emotional Attachment of Customers

Emotional Attachment of Customers

-All the IKEA products are DIY, that means Do It Yourself. -Warehouse management Consumer psychology is the key to sale

Economy Simplified

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How IKEA, The Undisputed King Of Furniture