Description
SWOT ANALYSIS OF ADVANCE AUTO PARTS
Advance Auto Parts
Parent Company
Advance Auto Parts
Category
Auto Parts Retail
Sector
Specialty Stores
Tagline/ Slogan
Service is our best part
USP
All replacement parts under one roof STP
Segment
Geographic segment: Car users in U.S.
People in requirement of automotive replacement parts and Target Group accessories
Positioning
Best people at your service SWOT Analysis
1. Second-largest retailer of automotive replacement parts and accessories in the United States 2. Operates over 3,800 stores in 40 U.S. states Strength 3. Company has more than 60,000 employees
1. Geographic expansion is quite less Weakness 2. Competition from intra brand switches
1. Integrate forward- Manufacture customized automobiles and designs as a new business through JV with auto companies 2. Export opportunity to developing country Opportunity 3. Participation in various auto expos and displaying auto design
Threats
1. Customer prefers to buy parts from authorized dealer of company
2.Low maintenance car is potential threat to this type of business model Competition
1. CarMax 2. Autozone Competitors 3. O'Reilly Automotive
doc_566699124.docx
SWOT ANALYSIS OF ADVANCE AUTO PARTS
Advance Auto Parts
Parent Company
Advance Auto Parts
Category
Auto Parts Retail
Sector
Specialty Stores
Tagline/ Slogan
Service is our best part
USP
All replacement parts under one roof STP
Segment
Geographic segment: Car users in U.S.
People in requirement of automotive replacement parts and Target Group accessories
Positioning
Best people at your service SWOT Analysis
1. Second-largest retailer of automotive replacement parts and accessories in the United States 2. Operates over 3,800 stores in 40 U.S. states Strength 3. Company has more than 60,000 employees
1. Geographic expansion is quite less Weakness 2. Competition from intra brand switches
1. Integrate forward- Manufacture customized automobiles and designs as a new business through JV with auto companies 2. Export opportunity to developing country Opportunity 3. Participation in various auto expos and displaying auto design
Threats
1. Customer prefers to buy parts from authorized dealer of company
2.Low maintenance car is potential threat to this type of business model Competition
1. CarMax 2. Autozone Competitors 3. O'Reilly Automotive
doc_566699124.docx