Home Depot is a home appliance supplier that originated from America. Today it is present in more than five countries, including Mexico, Canada, and Puerto Rico. It has acclaimed great success through the years with its notorious quality and reliability. The success has brought an immense brand image of the brand to the global level, where today, it has become a direct competitor to giants like Walmart. For companies like Home Depot, there is tough competition in the home appliance supplier industry since significant players such as JC Penny and Lowe’s have established a firm basis into the American region. For this, there is a dire need for Home Depot to develop core competencies to stand out from the rest. Having a competitive edge in an industry with numerous competitors shows the flawless use of Red Ocean Strategy with full effect. Many analysts say that in a competitive environment, firms tend to copy one another and fight based on quality and price. And while the idea is accurate, but coming up with something out of the box helps firms to gain a significant advantage over other firms.
To gain this edge, Home Depot has been known to give a lot of preference to Customer care surveys. These surveys are there for people to fill up using their concept and thought… Read the rest “How to Win Gift in Home Depot Survey 2020?”Read More