Previously we looked into the SWOT Analysis of Amazon, the world’s largest reseller platform. In this article, we will tackle the SWOT Analysis of Home Depot, its market rival.
Home Depot is North America’s biggest home improvement shop, with 690 locations in 43 states and five Canadian provinces. They emphasise do-it-yourself home improvements, but they also draw a lot of professional builders.
Marketing is a fluid concept that evolves in reaction to changing customer preferences and trends. Because of their effective marketing techniques, Home Depot has been able to target certain locations. Digital media is used in the majority of effective campaigns. Attend our Free MasterClass on Digital Marketing 101, hosted by Karan Shah, CEO and Founder of IIDE, to discover more about today’s effective marketing.
Before we delve into the SWOT Analysis of Home Depot, let’s have a look at the firm, its history, financial situation, products, and rivals.