Renwei

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IKEA doesn’t focus on selling to any particular demographically defined group of consumers. IKEA is structured around jobs that lots of consumers share when they are trying to establish themselves and their families in new surroundings: “I’ve got to get this place furnished tomorrow, because the next day I have to show up at work.” Other furniture stores can copy IKEA’s products. They can even copy IKEA’s layout. But what has been difficult to copy are the experiences that IKEA provides its customers—and the way it has anticipated and helped its customers overcome the obstacles that get in ...more
Competing Against Luck: The Story of Innovation and Customer Choice
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