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IKEAPichaya Utharntharm 4945343728Pimpisa Jular 4945346628Sinnjaporn Thongthai 4945373528Sundhika Changsudulya 4945371228Walika Tesvanich 4945364928Usaporn Tanadumrongsak 4945386728
• IKEA - to Thailand’s market• IKEA has established its stores in
Germany, Poland, UK, US, Singapore, Australia, China, Israel, Russia, and many other countries
• First ever IKEA store
INTRODUCTION
IKEA’s motto• IKEA operates by the motto of
"We shall offer a wide range of well designed, functional Home Furnishing products at prices so low that as many people as possible will be able to afford them."
INTRODUCTION
Why we should support IKEA?
1. IKEA is an economical friendly organization
• Flat-pack• Keep the price low• Supply chain method• Customer save $$$$
2. IKEA is a CUSTOMER CENTRIC company
• Customer = 1ST• Facilities • Food court• Kids
Why we should support IKEA?
3. IKEA is a GREEN company.
• Environmental friendly• Minimize damage to
environment• Sustainable company• Ban plastic and PVC
Why we should support IKEA?
4. IKEA is charitable organization
• Support the community
• Reach out to help others
Why we should support IKEA?
6. IKEA supports and provide opportunities to young artists
• Adore innovation
• Value creativity
Why we should support IKEA?
IKEA’S UNIQUE CULTURE AND THAILAND’S TRADITION
Why do I have to assemble the furniture
myself?
• IKEA’s reason : Even though it’s tricky sometimes, it means not paying someone in a factory to do it for you.
Why should I deliver my own furniture?
• IKEA’s reason : Taking home the furniture yourself means you can have it on the same day. You also don’t have to pay for the ‘free delivery service’ that’s usually included in the price.
IKEA’S UNIQUE CULTURE AND THAILAND’S TRADITION
Why isn’t there always an assistant when I need one?
• IKEA’s reason : The information you need is on the price tag. Serving yourself means you don’t you don’t pay for help you don’t need.
IKEA’S UNIQUE CULTURE AND THAILAND’S TRADITION
Why do we make so many of everything?
• IKEA’s reason : By producing and distributing in bulk, we get big discounts that we pass on to you.
• note :some other character are mentioned in the report
IKEA’S UNIQUE CULTURE AND THAILAND’S TRADITION
• which provides variety of goods and services to all customers
• local furniture manufacturers such as SB furniture, Décor Mart, Home Décor, Index, and Koncept
• imported furniture goods such as Qconcept Store, EQ3, Habitat, and those home decoration section in many department stores
IKEA’S POSITIONING AND ITS COMPETITORS
SWOT Analysis
Strengths• Low price• Wide range of goods• Customer centric• Environmental friendly company• Charitable company• Child care facilities• ONE stop for furniture destination• Access to food and beverage services
Weaknesses• D.I.Y nature• New to Thai’s market• Logistic cost (product are made elsewhere)• Limited staff• Location (only 1 store and far )• Imported goods• Mass produced goods
SWOT Analysis
Opportunities• Future expansion• Localize to Thai’s buying behavior (delivery and assembly service)• Limited edition design or design especially for Thailand• BTS line nearby the store
SWOT Analysis
Threats•Many competitors (Eg. Index, SB furniture, Habitat,)•Economic Crisis•Traffic and poor transportation system
SWOT Analysis
IKEA’S AIM, OBJECTIVE, AND GOAL
Aim: raise awareness to Thai market
Objective:
• Establish the brand to thai;s market
• Boost sale, store visits, product trial, website visits
• Win the market share
Goals:• Brand awareness of 0 - 80% with 3 year among
Bangkokian• Increase sale by 10% every year • Win the market share an become one of the top
10 in 2 years• Increase number of customer by 10%• Turn prospects to customers• Turn customers to the loyal ones• Enlarge the CRM of the company• Be a preferred brand in the customer mind
IKEA’S AIM, OBJECTIVE, AND GOAL
IKEA TARGET CUSTOMERS
• Very wide• characters of being fun, modern,
independent, cheerful and positive• Middle class to high incomers• they are fun to be with, they like to do things
themselves and they have an active lifestyle• Newly weds, new parents, single people, first
jobbers
IKEA• IKEA’s product and services
YOUKEA • Customer centric company • Putting customer 1st• Delivering on promises and more
CONCEPT
WEKEA• IKEA + you (customer) = WE• Doing something good together• Better together• Together, we save
CONCEPT
Create BUZZ
Official Announcement1.2 M Bt
TIMELINE
GRAND OPENING
CUSTOMER ACTIVATION
1.3 M Bt
PRESS CONFERENCE
350,000 Bt
Total budget of :
3,099,747 (included 7% VAT and 10% Contigency)
CONSUMER ACTIVATION
Event Goal• To stimulate and encourage prospect in
Thailand into considering buying IKEA furniture as their first home decoration brand choice
• To turn prospects into customers
Timing
• Starting Date: Thursday 15th January 2009
• Ending Date: Sunday 15th February 2009
CONSUMER ACTIVATION
Location• IKEA: BTS and MRT, and Buses that have
their traveling routes within Bangkok’s high traffic areas.
• YOUKEA: Build contact and inform customers through IKEA website
• WEKEA: IKEA store’s booths will be set up at selected locations as touch points in order to deliver information to customers and to exchange and share benefits with customers.
CONSUMER ACTIVATION
Event programs• IKEA: The concentration of IKEA
principle is based on building awareness and curiosity among our target audiences.
• BTS/MRT wrap and interior design• Bus wrap
CONSUMER ACTIVATION
IKEA’s wrapped
and internally
decorated train
CONSUMER ACTIVATION
Event programs
• YOUKEA: This principle aims at making target audiences feel that they are IKEA’s first priority; they always come first with IKEA.
• Website registration
CONSUMER ACTIVATION
Concept and brand elements• The IKEA customer activation event concept
is mainly about reinforcing IKEA name and showing IKEA’s products and its products quality.
• In this guerilla marketing, IKEA is able to represent a lot of its brand elements such as its fun, colorful, and practical characteristics.
CONSUMER ACTIVATION
• The YOUKEA customer activation, on the other hand, emphasizes on the emotional side by making customers believe that they come first in IKEA.
• The caring side of the brand, its superior service to customers; this aspect is only being applied to Thailand because of its cultural orientation.
CONSUMER ACTIVATION
• building customer relationship toward creating an IKEA community where the company and its customers are perpetually connected, sharing news and information, and involved in activities together.
• IKEA cares for its customers.
CONSUMER ACTIVATION
MeasurementQuantitative measurement:• Count the number of click-through from the website.
This is just to approximately estimate the number of audiences who pay interest in IKEA.
• Count the number of registration made on the website by audiences.
• Count the number of discount coupons being used by audiences during the validation time.
CONSUMER ACTIVATION
Qualitative measurement:• Distribute survey asking people at BTS and MRT
stations about their knowledge about IKEA after the decorations at BTS/MRT are removed
• Distribute survey asking audiences at the grand opening asking them how do they know IKEA and how well do they know the company
• Send emails to registered members asking for their feelings toward IKEA after the grand opening
CONSUMER ACTIVATION
Goal
• To inform the press- The first IKEA store in Bangkok- IKEA history- New form of furniture “Flat-pack”
• To build a strong relationship with the media
PRESS CONFERENCE
Target audiences: (80 media in all 4 areas) • Lifestyle magazinesEg. Elle Decoration, Daybeds, Room,Livingetc.,
Wallpaper*• Newspapers Eg. Bangkok Post, The Nation, Manager, Komchadluek• T.V. programEg. Showroom, Modern Home, The Living • Radio Eg. Met 107.0, Get 102.5, 88.0 Wave FM
PRESS CONFERENCE
Location: Lad Krabang IKEA store
Date: Thursday, 15th of January, 2009
• Starting Time: 11:00 a.m.
• Finishing Time: 14:00 p.m.
PRESS CONFERENCE
Transportation
• Provide free shuttle bus from On-Nuch BTS station to the IKEA store and from the IKEA store to the On-Nuch BTS station
PRESS CONFERENCE
Power point presentation
• Narrative form with a leading character as a talking chair
• History• Product
PRESS CONFERENCE
MeasurementQuantitative Measurement:• Count the numbers of the press who
attending the press conference • Count the number of stories and articles
generated in the media • Count the number of giveaways distributed to
the press• Count the number of the press who attending
the grand opening and use the 20% discount card
PRESS CONFERENCE
Qualitative Measurement:• Assess the position and the size of the stories
published in each media• Assess the content of the stories whether the
information covers all the aspects of the brand that the company expected before. And also assess the view of the content whether it is positive or negative to the company.
• Hand out the questionnaire after finishing the closing ceremony to evaluate the information that the press got from the press conference
PRESS CONFERENCE
GRAND OPENING
Aim / Goal / Objective• Aim: To introduce first ever IKEA store in
Thailand to 30,000 local visitors. • Goal: Make guesses our customers, ensure
understanding, build relationship, and make our brand their preferred one.
• Objective: To create buzz, awareness, strong relationship, and provide good experience to the guesses.
Grand opening
• Date: 15th February 2009
• Time: 10:00 a.m. to 9:00 p.m.
• Location: IKEA store in Lapkrabang
GRAND OPENING
Grand opening
Time Schedule 10:00 - The registration opens11:00 - The MC plus CEO11.45 - Officially opens the IKEA STORE 14:00 - Lucky draw16:00 - Lucky draw18:00 - Lucky draw20:00 - Grand prize announcement21:00 - Door closed
GRAND OPENING
Concept
• “Family Fun Fair by IKEA”
• IKEA YOUKEA and WEKEA umbrella conce
• Three zones
GRAND OPENING
IKEA Zone• Product displays• Games and entertainment
• ‘IKEA’s Gallery’EX. Elephant stepping on IKEA’s chair • Abstract by IKEA EX. Marry Go Around
GRAND OPENING
YOUKEA Zone• product demonstration
• Special gifts
• Female- mini pot of flowers
• Male- a mini set of gardening tools
• Children- candies and lollipops
• Free day-care service
GRAND OPENING
Food & Beverage
12:00 to 13:00- food are provided by IKEA
• Swedish food
13:00 onwards –can buy food from the restaurants inside the store hall
GRAND OPENING
Lucky draws and prizes• Lucky Draws
–every 2 hours–30% discount coupon
• Grand PrizeNearly towards the end (20:00)Two return air tickets, Bangkok-Stockholm (Sweden)
GRAND OPENING
Benefits• create buzz• create awareness• gain customers’ insight and data• build strong relationship• Therefore, sale will increase in the
future.
GRAND OPENING
GRAND OPENING
Quantitative Measurement• Count the number of guests who
registered on the grand opening to see how many came
• How many items were sold on the grand opening
• How many discount cards were used by guests
GRAND OPENING
Qualitative Measurement• Send out mail survey to registered guests
a week after the grand opening asking them about their thoughts toward to event, what do they remember about IKEA, How much do they remember about IKEA
• Look at the sources of discount cards that guests received by asking them to do a little questionnaire by ticking the source which they were given the cards
• Look at sale revenue during the month and examine its growth