Home Depot SWOT Analysis
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Home Depot SWOT Analysis

Home Depot SWOT Analysis

  • The biggest strength of Home Depot is its policy to offer the best price
  • The company provides a wide variety of products regarding the home improvement sector
  • The company has shown a tremendous improvement in e-commerce

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  • The company has an age-old infrastructure which may work as an obstacle on most occasions
  • The company is highly dependent on the North American market
  • Though the company has shown tremendous growth after adopting its e-commerce, they were late to do so, which has impacted their business's growth to some extent

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  • The company is yet to explore the market outside North America
  • The company should also concentrate on its online business
  • Home Depot can also choose to go for some partnerships and acquisitions to ensure their expansion

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  • The home construction and decor industry are going through a hard time because of the looming recession
  • The home construction market is an ever-growing one, and hence new companies are coming in almost every day
  • The company's limited access to the market can be a potential threat or them

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publish time: 2021-05-20
Lisa Anderson

It is crucial to have an idea about the company to do a Home Depot SWOT analysis. Home Depot started its journey in 1978 and has emerged as one of the largest home improvement retailers. The company serves in America, Canada, and Mexico to earn a solid customer base. The Home Depot SWOT analysis can show the company's strengths that have helped them earn a name. Learn more details from this Home Depot SWOT analysis, and try to make yours with ease.

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