Advance Auto Parts SWOT Analysis, Competitors & USP

Posted in Lifestyle and Retail, Total Reads: 15777

SWOT analysis of Advance Auto Parts analyses the brand/company with its strengths, weaknesses, opportunities & threats. Advance Auto Parts is one of the leading brands in the lifestyle and retail sector. In addition to SWOT Analysis, the table below also lists the top Advance Auto Parts competitors and elaborates Advance Auto Parts segmentation, targeting, positioning & USP.

Advance Auto Parts

Parent Company

Advance Auto Parts

Category

Auto Parts Retail

Sector

Lifestyle and Retail

Tagline/ Slogan

Service is our best part

USP

All replacement parts under one roof

Advance Auto Parts STP

Segment

Geographic segment: Car users in U.S.

Target Group

People in requirement of automotive replacement parts and accessories

Positioning

Best people at your service

Advance Auto Parts SWOT Analysis

Strengths

Below is the Strengths, Weaknesses, Opportunities & Threats (SWOT) Analysis of Advance Auto Parts. Strengths are:

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
3. Company has more than 60,000 employees

Weaknesses

Here are the weaknesses in the Advance Auto Parts SWOT Analysis:

1. Geographic expansion is quite less
2. Competition from intra brand switches

Opportunities

Following are the Opportunities in Advance Auto Parts SWOT Analysis:

1. Integrate forward- Manufacture customized automobiles and designs as a new business through JV with auto companies
2. Export opportunity to developing country

3. Participation in various auto expos and displaying auto design

Threats

The threats in the SWOT Analysis of Advance Auto Parts are as mentioned:

1. Customer prefers to buy parts from authorized dealer of company
2.Low maintenance car is potential threat to this type of business model

Advance Auto Parts Competition

Competitors

Below are the top 3 Advance Auto Parts competitors:

1. CarMax
2. Autozone
3. O'Reilly Automotive

 

The brandguide table above concludes the Advance Auto Parts SWOT analysis along with its marketing and brand parameters.

Similar analysis has also been done for the competitors of the company belonging to the same category, sector or industry.

Browse marketing analysis of more brands and companies similar to Advance Auto Parts. The BrandGuide section covers SWOT Analysis, USP, STP & Competition of more than 6000 brands from over 20 categories.

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