Nothing Special   »   [go: up one dir, main page]

Akram's Speech

Download as pdf or txt
Download as pdf or txt
You are on page 1of 1

The history: now we will see the milestone of ikea

- ikea was founded In 1943: To reward him for doing well in school, Ingvar’s father gives
him a small sum of money, which he uses to set up a company. He names it IKEA
-in 1974: the company sold her first furniture
Then in 1951 ikea launched her first catalog, which contains all the company’s products
-The Flat-packing of furniture, introduced in 1956, was a key factor in reducing the
company’s costs and enabling it to cut prices and that was designed to be assembled at
home.
-1958 First store opened in Älmhult in Sweden
2008 it becomes famous and she progressed by selling new products and new stores around
the world
The products

she has a variety of products which are divided into 4 categories:

the statistics:

here we have pie chart which represents the percentage of sales of ikea in the world for the year
2021 we note that most of the products are sold in europe with 71% and the usa comes in second
place with 18% and asia represents the lowest number of sales

ikea has over 458 stores in the world with 225000 employees and has about 775 million visitors

ikea’s competitors:

Ikea it has strong competition its main competitors are :

Walmart is famous for providing a wide range of quality products. One such product is home
furnishings. As a popular retail brand, their furniture is not only of good quality, but also easily
available and affordable;

Amazon provides its services online and offers a wide range of furniture under the name “Amazon
Home”. Their provision of easy installation and free scheduled delivery services makes them a top
IKEA competitor;

Wayfair is an American e-commerce company that specializes in the sale of furniture and home
accessories online. Their unique user interface as well as their provision of free shipping encourage
customers to choose their products over IKEA’s;

Tesco A United Kingdom-based company, Tesco Home and Furniture, offers attractive discounts and
services to customers;

Pepperfry is an online furniture shop in India that provides home decor, furniture, and other
homeware at affordable prices. Their products, prices, and the wide-reach the company has in their
home country make them one of IKEA’s competitors;

You might also like