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Connecting companies with
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Retail management strategy by analyzing of IKEA’s Retail space optimization

PinsoutRetail Management
LocationRemote
#HiringActivily
#TopOpportunity

Project Objectives:

Project scope - Retail management is a complex field that focuses on the effective planning and operation of retail spaces to maximize profitability and enhance customer satisfaction.

KEA's approach to retail management is uniquely innovative, especially in the way it optimizes its retail spaces. The company is renowned for its iconic maze-like store layouts. These layouts are meticulously designed to guide customers through a predetermined path, exposing them to a wide range of products along the way. This strategic design encourages impulse purchases, as customers encounter products they might not have considered buying initially. The layout is not only efficient but also ensures that customers spend more time in the store, increasing the likelihood of purchases.

Project Tasks:

Background Research

Understanding IKEA’s Approach

Data Collection

Comparative Analysis

Comparative analysis

Critical Evaluation

Report Writing

Presentation Preparation, Collaboration and Feedback

Documentation of detailed Project/Synopsis

Prepare a short PPT to showcase understanding of summarization of the project.

Educational Qualifications

B.ComBBAMBAB.A

Required Skills

Analytical SkillsCommunication SkillsConsumer BehaviorRetail ManagementReport Writing Skills