Learn about the Strategy of IKEA and Why it influences the Customer to buy more?
The Economics of IKEA (WSJ Report)
Based on WSJ Report Below, Counterintuitive though it may seem, part of furniture giant IKEA’s success stems from its policy requiring its customers to build its products. In this video, WSJ explains the behavioural psychology behind the “IKEA effect.”
View, Read and Learn More Here:
- Retail Failure Stories
- Startups
- Online Learning
- Supply Chain
- Artificial Intelligence
- E-Commerce
- Retail Shipping
- Rags to Riches Stories
- Retail Success Stories
- Travel Food Culture