• is the world’s largest home improvement retailer headquartered in Atlanta.
• It sells building materials and home
improvement products such as tools, hardware items, lawn and garden equipment, etc. STRENGTHS Largest in the industry Highly profitable Va l u e f o r m o n e y Wide variety of products Its 'Buy Online Pickup In- Store' (BOPIS) strategy is a huge hit. is the leader in the home improvement industry and occupies a dominant portion of the market. It is well-established and has a powerful brand image. It sells products at a profitable margin without compromising quality, providing value for money for the customers. The company saw its net income and revenue double in 2020. It offers a wide range of products from home decor to hardware. WEAKNESS
Mostly based in the US
Aging infrastructure Late adoption to eCommerce As it was established in 1978, most of the infrastructure is old and the owners are trying to renovate it. Most companies started selling online long before the Covid-19 pandemic, but Home Depot adopted this tactic only after the pandemic hit. Hence, losing growth opportunities. OPPORTUNITIES
Expanding the market more to countries
Increasing online sales
Focus on the home decor section
The company can exploit new opportunities by expanding to other
countries, increasing online sales, and focusing more on the home decor section—which has significant growth potential. THREATS Growing competition Recession Price deflation Home Depot is facing fast-growing competition, especially in eCommerce. Due to the Covid-19 pandemic and fewer online sales, there is a possibility of Home Depot losing its profits. Thank you for watching and Godbless