IKEAis more than a Swedish furniture franchise, it’s a phenomenon and they sell hot food!

Still, what makes their products so affordable and accessible to consumers across the globe?

What makes IKEA interesting is that they don’t sacrifice quality to maintain their affordable prices.

A large IKEA sign

Continue reading to find out.

Business Insider also confirms the notion that you’re savingmoneyby building your purchases yourself.

IKEA’s flat packaging methods saves resources and time, and thus saves you money.

IKEA’s flat packaging in a room

Their approach works, too.

This is no doubt because their products are not only affordable, but also chic in design.

The company purposely produces items that are simple but useful, utilitarian but still modern.