3/3/2008 11:30:00 AM
by Pontus Edenberg in Marketing
IKEA is one
of the world’s major home products retailer. 70% of their annual marketing
budget is the production and distribution of their yearly catalogue, showing
their products at their best. IKEA pride themselves for publishing the
catalogue in 55 editions in 36 countries, which is quite impressive, recently
passing the Bible as the most published work in the world.
But when
you receive the catalogue and the front page shows a teenager’s room with the
latest style of furniture, how intrigued do you get if you are a 60 year old
man cashing good from the last years’ real estate boom, with more money than
you have time to spend, looking for a new couch?
There are
of course other values IKEA is trying to sell with the catalogue, luring people
to their warehouses, showing that you can find anything at IKEA, general
branding etc. But what if you received a catalogue that was designed only for
you, showing furniture that is your style or the style you are heading for,
with suggestion of colors to match your existing walls? That would most likely
make you more interested in running to IKEA to spend some of your serious cash.
Even though
extreme, this example shows the importance of individual marketing. It is not
so easy accomplished with a catalogue published in 27 languages, but on your
website you can with small efforts increase the result significantly.
So, is your
site a beautiful expensive IKEA catalogue or is it using the full potential of
online marketing, meeting your potential customers each individually for
greater sales? In Part 2 we will get into how you can get started…
Tags: ikea, online marketing, branding, individual marketing