Home Improvement Research Paper

Home Depot is a leader in the home improvement retailer industry. While many companies are falling behind Amazon and Walmart, Home Depot continues to beat its earnings estimates and attract investors. This part of the report will analyze the core competencies, strengths, and weaknesses of Home Depot to give insight into its recent successes and interpret possible downfalls.

The Home Depot’s two main customers are at home “do-it-yourselfers” and contractors. The main products and services offered help solve the wants and needs of customers involved with home construction and maintenance,

The growing trend of home improvement has perpetuated a larger demand for box store home improvement shops such as Home Depot and Lowe’s. There are several types of companies that contribute to the booming renovation industry. Home Depot and Lowe’s provide all the

As stated earlier, the home improvement industry takes in $755 billion annually. However, due to the softening of the housing market and declining home sales, companies in this industry has had to

The Home Depot knows how important it is to have knowledgeable employees on hand at all times, in fact, it is one of their main goals and they focus on it consistently. According to The Home Depot (2003-2010 Homer TLC, Inc),”The Home Depot’s goal is to help customers create the home of their dreams whether they want to do it themselves or have it done for them” (para 4). This gives them an advantage because they believe in well trained employees who are very knowledgeable and able to help customers on the sales floor. They set up training programs for all employees where they learn basic information and may also specialize in an area, for example, bathrooms, and an employee will be able to inform a customer about everything there is to know about bathrooms and remodeling them or such. The Home Depot offers and encourages extensive training programs to stay above the competition and keep well knowledgeable employees. The Home Depot (2003-2010 Homer TLC, Inc) website also states that for most people, their home is their biggest financial and emotional investment they make. The Home Depot really takes that to heart and shows deep appreciate for their customers by offering many “How-To” and

Home Depot strives to provide the highest quality service to its customers. Home Depot achieves this by hiring professionals such as, carpenters, plumbers, and paint specialists. These experts are invaluable resources for less knowledgeable customers looking for a certain product or working on a new project. The Home Depot staff can help customers pick out larger and more difficult items such as showers, vinyl siding, carpet, appliances, and plumbing. After the purchase, Home Depot will have the items delivered and installed in the customer’s home. Home Depot’s focus on “product authority” is one of the main and drivers for the company’s high quality service.

The home improvement sector of the economy is large with two major players in the industry and with many smaller local and regional competitors. These two major competitors are Home Depot and Lowe’s. These two companies account for over $110 billion in total sales each year. Even though sales have gone down over the past few years due to the downturn in the economy they have not gone down nearly as much as home sales and this is due to more people deciding to do more home improvements to their own home then buying a new home. Both of these companies have been able to keep up sales and increase them year over year by improving current

Thirdly, redefining the market Home Depot is now synonymous with home-improvement, it is done so through great customer service, knowledgeable

An industry of competition, and tight margins The Home Depot, and Lowe 's Company are still at it. Both of these companies stand now as the industry standard for the home improvement sector. The numbers that will be presented in this study show proof that both companies have extremely strong financial positions, and a long future in the home improvement industry. Competition is good for the retailer, but even better for the customer.

Many homeowners have the skills, tools, and experience to undertake certain home improvement projects. However, some projects are best left to the professionals. Let's figure out if your next project should be on your DIY list or if you should call in a professional to handle it.

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In order to make their house look attractive and beautiful people go for renovating their house at regular intervals. Renovating a house has lot of activities under it like painting a house, adding a new floor to a house, constructing the house again, extending a house front or back, Landscaping or concrete. People usually go for renovation in their house on some occasions like festivals, marriages etc., or when they think the current space of the house is less than the needed space.But one thing which should be kept in mind before going for such services is that one should take these services form a reputed company. One such ruptured company known for best Dorado Hills, CA Landscaping Services and Granite Bay Concrete Service is Integrity

After starting a home improvement project, the next highly anticipated step is finalizing the project. Of course, making sure your project is done correctly is essential to your project’s closure. It ensures that your project the specified requirements.

Masters Home Improvement is an Australian home improvement chain that started the market in 2011, and it is managed by the joint venture between Woolworths Limited and Lowe’s, USA in order to create an opportunity for Woolworths Limited to expand its market.

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