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The 2024 America's most Trusted study by Lifestory Research surveyed thousands of customers across the United States to rank their top brands for power tools.<br><br>DeWalt is well-known for its high-quality power tools and accessories. The company is headquartered in Towson, Maryland. Stanley Black & Decker is an American home improvement brand that offers a wide variety of hand and power tools. Its renowned tools are available at Home Depot and Lowe's. The brand also sells affordable tools under the names of Kobalt, Husky and other names.<br><br>Other Retailers<br><br>Home improvement projects have become more popular than ever due to the combination of high mortgage rates and a low inventory of homes. Hardware stores are a fantastic resource for homeowners because they have a variety of tools and equipment. The increasing popularity of online marketplaces and ecommerce poses new challenges for these retailers. In order to succeed these companies must discover innovative ways to meet customer demands.<br><br>According to TraQline Durable-IQ data for the 4Q ending in September 2023. The big-box retailers are the dominant players in the [https://king-wifi.win/wiki/Fiskerlandry0306 power tools cheap] tool market. In terms of outlet dollar share, Home Depot led the way with a 30% market share, whereas Lowe's had a slight decrease in their draw rate from outlets year-over-year. Walmart also took part in the outlet market, but only represented 14% of total power tool dollar.<br><br>DeWalt has a 17% share of the market in terms of units sold. Ryobi and Craftsman saw their market share decrease, but they continued to be highly regarded by consumers. In the realm of e-commerce brands can enhance their customer experience by simplifying their product information to make it more appealing to their customers. Einhell, for example, saw their ecommerce revenue grow by 60% when they incorporated an option to configure bundles to create a multi-use battery system.
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