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Message
Is IKEA the GOAT business model?
Posted on 2/19/20 at 9:36 am
Posted on 2/19/20 at 9:36 am
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.
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.
28
Posted on 2/19/20 at 9:37 am to VolsOut4Harambe
meatballs are the shite
Posted on 2/19/20 at 9:39 am to VolsOut4Harambe
IKEA cinnamon rolls 
Posted on 2/19/20 at 9:39 am to VolsOut4Harambe
Bunny Ranch Furniture in Nevada lets you test out the wares before buying. GOAT
Posted on 2/19/20 at 9:40 am to VolsOut4Harambe
quote:
Hard to argue
The only thing IKEA does is start arguments between couples.
Posted on 2/19/20 at 9:40 am to VolsOut4Harambe
Their ability to market particle board is unparalleled.
Posted on 2/19/20 at 9:41 am to VolsOut4Harambe
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.
Posted on 2/19/20 at 9:42 am to Y.A. Tittle
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.
Posted on 2/19/20 at 9:44 am to VolsOut4Harambe
Don't they watch the kids so the parents can shop alone?
Posted on 2/19/20 at 9:45 am to VolsOut4Harambe
I don’t by their furniture. Particle board last about 6 months in my house.
Posted on 2/19/20 at 9:48 am to VolsOut4Harambe
Posted on 2/19/20 at 9:49 am to AbitaFan08
quote:my girl has a '1item limit'at IKEA
Hard to argue
The only thing IKEA does is start arguments between couples.
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.
Posted on 2/19/20 at 9:50 am to VolsOut4Harambe
Good stuff if you live in a dorm room or apartment.
Wouldn’t put any of that cheap trash in a nice home.
Wouldn’t put any of that cheap trash in a nice home.
Posted on 2/19/20 at 9:51 am to VolsOut4Harambe
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
Posted on 2/19/20 at 9:53 am to BabyTac
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
Maybe we trashy
Posted on 2/19/20 at 9:54 am to VolsOut4Harambe
Their products are flimsy.
You have to walk around a warehouse.
Meh...
You have to walk around a warehouse.
Meh...
Posted on 2/19/20 at 9:59 am to Jizzy08
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.
Posted on 2/19/20 at 10:00 am to VolsOut4Harambe
They actually have good, non-particle board stuff. You just have to look for it.
Posted on 2/19/20 at 10:00 am to VolsOut4Harambe
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
Posted on 2/19/20 at 10:02 am to VolsOut4Harambe
Deadpool and blind Al like it, so there's that.
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