Home depot v s lowes competitive analysis

Though the stores sell most of the same products, Home Depot 's setup appears to be geared more toward professionals — like contractors and interior designers — than Lowe's. Their needs require more complex services, such as the ability to have orders delivered directly to construction sites.

The strong growth came on the back of a 3. The lockers are located near the front of the store and can hold orders for customers who placed an online order, allowing shoppers to pick up their products and avoiding having to wait in line or go into the store.

Matthew Cochrane TMFCochrane Apr 4, at AM There are several reasons to believe that buying stock in home improvement chains is one of the best ways to invest in the retail sector today.

lowes vs home depot installation

Both companies are committed to allowing customers to move seamlessly between online and offline channels. Compare Investment Accounts. Better Buy: The Home Depot vs. Lowe's has been in business about 30 years longer than Home Depot.

We visited both stores and found that Home Depot had more to offer than Lowe's. Following an unsuccessful expansion attempt, Home Depot closed its last seven remaining big-box stores in China in My mission is to help building materials companies be the preferred supplier of their customers and to turn those customers into their best salespeople.

About The Author I am the leading sales growth consultant in the building materials industry, I identify the blind spots that enable building materials companies to grow their sales and retain more customers.

What brands, models and price points do they carry? Then focus in on your product category.

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Lowe's vs. Home Depot Financial Comparison & Analysis