Walmart Swot Analysis Essay
Auto-Mart should implement a do-it-for-me business emphasis since most customers would not have the expertise to repair their own cars. However, by adopting the do-it-yourself business approach, the company would focus on supplying retail auto parts to consumers who use their own means to fix their cars. This strategy may mean that if customers do not possess the knowledge and skills to repair their cars, then they would have to incur an extra expense to fix the problem. Moreover, as the company is a newbie, it may not have the budget to establish a do-it-for-yourself workshop that teaches customers how to repair their automobiles, therefore doing it for the client would be more apt.
The main advantages of the do-it-yourself approach include …show more content…
The company has room to grow and expand its business under a do-it-for-me approach since they may be numerous revenue sources. However, the liabilities and risks rest upon the company, which may lead to losses in case something goes bad. A company incurs more expenses than in a do-it-yourself business approach in skilled labor and training. Therefore, Auto-Mart should use a do-it-for-me approach.
One of the companies that uses a do-it yourself business approach is Home Depot, Inc. whereby consumers get free workshops on growing lush lawns to keep the pests away, common door styles, building outdoor football toss game, toilet installations as well as building wooden beverage stands. However, this approach flopped in China, whose culture favors a do-it-for-me business approach.
The modern consumer is very busy and as such needs to spend little time on every brand or service companies offer. Therefore, a do-it-for-me business emphasis would be more profitable since consumers would favor a company that does everything for the consumer in exchange for money as evidenced by the case of Home Depot, Inc. in
The main advantages of the do-it-yourself approach include …show more content…
The company has room to grow and expand its business under a do-it-for-me approach since they may be numerous revenue sources. However, the liabilities and risks rest upon the company, which may lead to losses in case something goes bad. A company incurs more expenses than in a do-it-yourself business approach in skilled labor and training. Therefore, Auto-Mart should use a do-it-for-me approach.
One of the companies that uses a do-it yourself business approach is Home Depot, Inc. whereby consumers get free workshops on growing lush lawns to keep the pests away, common door styles, building outdoor football toss game, toilet installations as well as building wooden beverage stands. However, this approach flopped in China, whose culture favors a do-it-for-me business approach.
The modern consumer is very busy and as such needs to spend little time on every brand or service companies offer. Therefore, a do-it-for-me business emphasis would be more profitable since consumers would favor a company that does everything for the consumer in exchange for money as evidenced by the case of Home Depot, Inc. in