Business Case Studies, Marketing Strategies Case Study, IKEA in Japan

print page
Tell A Friend
Bookmark
 

Case Categories

Marketing Management Case Study

IBS CDC IBS CDC IBS CDC IBS CDC RSS Feed
Case Title:

IKEA in Japan: The Market Re-entry Strategies

Publication Month and Year :  July 2009

Authors: Rupesh Sumit Kumar Chaudhuri

Industry: Automobile

Region:Japan

Case Code: MM0024

Teaching Note: Available

Structured Assignment: Available


OR





Abstract:
In April 2006, IKEA, the world's largest furniture retailer, forayed into Japan by opening its second-largest store outside Sweden. The opening of the store marked the re-entry of IKEA into the Japanese market after an unsuccessful 12 years stint between 1974 and 1986. Although the company has planned to 'act local' by customizing its offerings according to Japanese preferences, it still expects to face several challenges from the Japanese customers who are known to be inconsistent and unpredictable, and have forced many a foreign retailer to exit from Japan.

Pedagogical Objective:

  • To discuss the need for global companies to understand consumer needs and preferences in each of their markets and adapt their offerings accordingly
  • To understand the dynamics of the Japanese retail and home improvement market
  • To analyse the reasons behind IKEA's failure in Japan in its first entry (1974-1986) and the factors that encouraged it to re-enter the Japanese market with the ensuing challenges
  • To debate whether IKEA, which is known for its standard offerings across the globe at the lowest price, would be able to win fastidious Japanese customers through customized offerings.

Keywords : Japanese retail market; Japanese home improvement market; Consumer behavior in Japan; Foreign retailers in Japan; Japanese furniture retailers; Japanese real estate market; IKEA as a cult brand; Low price strategies of IKEA; IKEA's growth strategies in Japan; Market Entry Strategies Case Study; Product mix; Product line; ‘One-size fits all’, Marketing Management; Marketing Mix; Market Segmentation; Product Life Cycle; New Product Development; Consumer Behavior; Marketing Case Studies; MBA; Marketing Course for MBA Marketing Course Case Map; Course Case Map; Case Map

Contents:

  • Japan's Economic Growth and the Home Improvement Market
  • IKEA's Initial Foray into Japan: The Strategic Missteps
  • IKEA's Re-entry into Japan: A Strategy Makeover?

Recently Bought Case Studies

    Recently Bought Case Studies
advertisement

    Executive Interviews

  • Al RiesAl Ries

    Chairman of Ries, an Atlanta-based marketing strategy firm
    Speaks on Brands and Branding
  • P GopalakrishnanP Gopalakrishnan

    is a Vice-President, CavinKare International Business.
    Speaks on Brands and Branding
  • Richard RawlinsonRichard Rawlinson

    Richard Rawlinson, is a Vice President of Booz & Company
    Speaks on Marketing in a Downturn
  • View All Executive Interviews»







Contact us: IBS Case Development Centre, Survey No. 156/157, Dontanapalli Village, Shankerpalli Mandal, Ranga Reddy District, Hyderabad-501504, Andhra Pradesh, INDIA, Phone: 08147-236660/61/62/72, Fax: 08147-236653,E-mail: casehelpdesk@ibsindia.org

©2003-2013 IBS Case Development Centre. All rights reserved. | Careers | Privacy Policy | Terms of Use | Disclosure | Site Map xml sitemap