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VolsOut4Harambe
Tennessee Fan
Atlanta, GA
Member since Sep 2017
4479 posts

Is IKEA the GOAT business model?
Hard to argue against the way IKEA lures you into buying.

Have a giant store with your entire inventory on display in various settings and pretty decent food readily available on site.

Manufacture everything yourself instead of dealing with retail costs and everything associated with buying from vendors.

Make the majority of your furniture out of cheap particleboard and therefore cut COGS and prices.

Market yourself as Swedish even though the majority of your products are made in China.

Going to an IKEA store is almost an experience within itself.


Ed Osteen
New Orleans Saints Fan
504
Member since Oct 2007
44944 posts

re: Is IKEA the GOAT business model?
meatballs are the shite


Hogwarts
Arkansas Fan
Central Arkansas
Member since Sep 2015
12443 posts

re: Is IKEA the GOAT business model?
IKEA cinnamon rolls


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71
USEyourCURDS
USA Fan
Member since Apr 2016
9112 posts

re: Is IKEA the GOAT business model?
Bunny Ranch Furniture in Nevada lets you test out the wares before buying. GOAT


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80
AbitaFan08
LSU Fan
Boston, MA
Member since Apr 2008
19615 posts

re: Is IKEA the GOAT business model?
quote:

Hard to argue


The only thing IKEA does is start arguments between couples.


STLDawg
Mississippi St. Fan
The Lou
Member since Apr 2015
2105 posts

re: Is IKEA the GOAT business model?
Their ability to market particle board is unparalleled.


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220
Y.A. Tittle
LSU Fan
Member since Sep 2003
78349 posts

re: Is IKEA the GOAT business model?
quote:

Manufacture everything yourself instead of dealing with retail costs and everything associated with buying from vendors.



And place the responsibility of half or more of the manufacturing process of your products onto your customers.


VolsOut4Harambe
Tennessee Fan
Atlanta, GA
Member since Sep 2017
4479 posts

re: Is IKEA the GOAT business model?
quote:

And place the responsibility of half or more of the manufacturing process of your products onto your customers.



This too.... can't be held liable for faulty assembly.


GetCocky11
South Carolina Fan
Arlen, TX
Member since Oct 2012
38746 posts
 Online 

re: Is IKEA the GOAT business model?
Don't they watch the kids so the parents can shop alone?


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70
GoHoGsGo06
Stanford Fan
Member since Nov 2006
5353 posts

re: Is IKEA the GOAT business model?
I don’t by their furniture. Particle board last about 6 months in my house.


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12
Tigerbait357
LSU Fan
Member since Jun 2011
38588 posts
 Online 

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100
SuperSaint
California Fan
Sorting Out OT BS Since '2007'
Member since Sep 2007
110511 posts

re: Is IKEA the GOAT business model?
quote:

Hard to argue


The only thing IKEA does is start arguments between couples.
my girl has a '1item limit'at IKEA

I had to shut that shut down when she would come home every couple weeks with 3 big pieces of furniture that would take all my Saturday to assemble.


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07
BabyTac
Louisiana Tech Fan
Austin, TX
Member since Jun 2008
6841 posts

re: Is IKEA the GOAT business model?
Good stuff if you live in a dorm room or apartment.

Wouldn’t put any of that cheap trash in a nice home.


Jizzy08
LSU Fan
Member since Aug 2008
8175 posts

re: Is IKEA the GOAT business model?
And the store is set up to require you to walkthrough and see everything before you get to the exit. It’s truly a genius business model


SuperSaint
California Fan
Sorting Out OT BS Since '2007'
Member since Sep 2007
110511 posts

re: Is IKEA the GOAT business model?
We outfitted a guest bedroom with IKEA. Also have a small bookshelf in the upstairs hallway. A little cubby hole shelving thing in the bathroom, a cheap small desk in my office. A shelf for Sony sound bar



Maybe we trashy


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34
Eli Goldfinger
Alabama Fan
Member since Sep 2016
17562 posts

re: Is IKEA the GOAT business model?
Their products are flimsy.
You have to walk around a warehouse.

Meh...


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82
Y.A. Tittle
LSU Fan
Member since Sep 2003
78349 posts

re: Is IKEA the GOAT business model?
quote:

And the store is set up to require you to walkthrough and see everything before you get to the exit. It’s truly a genius business model



It's fricking wizardry. They've set up a store model that basically insures you will spend at least three hours in it, and convinced a huge customer base that it's a great thing to do.


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30
TheCaterpillar
LSU Fan
Member since Jan 2004
75785 posts

re: Is IKEA the GOAT business model?
They actually have good, non-particle board stuff. You just have to look for it.



Johnny Roastbeef
LSU Fan
Somewhere in the LP
Member since Sep 2018
724 posts

re: Is IKEA the GOAT business model?
You have to dedicate an entire day if you want to visit one. My 1st time I thought I would spend a couple minutes just to look around but ended up staying 6 hours


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10
Chrome
LSU Fan
Chromeville
Member since Nov 2007
6260 posts

re: Is IKEA the GOAT business model?
Deadpool and blind Al like it, so there's that.


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