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What are the 2 business strategies that have made IKEA what it is today? [Video]

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What are the 2 business strategies that have made IKEA what it is today? #businessgrowth #strategy

What are the 2 business strategies that’ve made IKEA what it is today?

Hello, Brand Lovers!

Out of the many interesting business strategies used by IKEA, these 2 in particular seem to have worked out the best…

Number 1 is Flat-Pack Form.

The IKEA furniture is sold in a disassembled ‘flat-pack’ concept which significantly reduces the shipping and storage costs.

Number 2 is DIY Model.

The self-service or ‘Do-It-Yourself’ way of setting up your own furniture, saves the company a lot of money on additional labor costs.

For a much deeper breakdown, do check out the full video on my YouTube channel.

#ikea #branding #brandzpree

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