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IKEA
C/B/964. Report on IKEA and their entry to Japanese market
- WORDS:
- 3500
- DATE:
- 2008
- PRICE:
- 39.99 GBP
The paper examines the business model of IKEA identifying their market strategy and core competences, performing their VRIO (Value, Rarity, Imitability, Organisation) analysis, discussing their use of innovation, etc. The problems faced by IKEA on entering the Japanese market are considered analysing the shortcomings of their products' marketing and presenting guidelines on the strategy of foreign market entry. IKEA's analysis is conducted along the lines of SWOT (opportunities and threats) and marketing mix (7Ps).
KEYWORDS: IKEA, VRIO, Japan, foreign market entry, SWOT, marketing mix, 7 Ps,
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