Lowe's

This article will help you to make up your mind about Lowe’s Credit Card. We will put out our views on how this credit card works and the pros and cons of this credit card. Once we have put out all the necessary information then it is on you to make up your mind about Lowe’s Credit Card.

There are different perspectives and needs of an individual. Some may find it useful and some may not. Let us now move onto the different benefits this credit card can offer to the customers.

Benefits of the Lowe’s Credit Card

Now if you are a regular customer or planning to do some big shopping for your house from Lowe’s then this information must interest you. Credit cards are a very easy way to pay for unexpected or unplanned expenses. Whenever you need to pay a lump sum amount at Lowe’s, then these benefits will help you save some money in the long term.

1. Rewards Rate

The reward rate of Lowe’s advantage card is very impressive. Every customer can get 5% off on all of their purchases through the credit card. This reward rate will be very tough to find in any other store. Just to be clear this is not a cash-back. Instead of getting the money back later, you will get the money deducted from your purchase at that moment itself.

2. The 6 Months Deferred-Interest

This could be one of the biggest advantages of having or getting a Lowe’s credit card. If you are one of those customers who purchase in bulk at Lowe’s then this would be a great option for you to choose. If your purchase amount is $299 or above then you are eligible to choose this option.

You can either get 5% off on your purchases or you can get the 6 months interest option. This means you can pay your bill in a period of 6 months. So you can pay a little amount every month with interest to pay off your bill amount. This could be a very good option when you don’t have the money at the moment and have to make an emergency purchase.

The most important thing in this option is to remember that this is not 0% financing. You will have to pay the bill with interest over the next 6 months. There is also another option that is not always available but it is based on the offers at Lowe’s. This 6 months period can also be extended to 12, 18, and 24 months.

3. Loans With Lower APR

Lowe’s credit card can also be used to get loans. In technical words it is called “Project Financing” These loans come with lower APR meaning the interest rate. These loans can be paid back within 36 months at 3.99%, 60 months at 5.99%, and 84 months at 7.99%. To get the loan the minimum amount would be $2000. You will have to request this service. It is not an automatic service and you can also combine it with your 5% off offer.

4. No Annual Fee

The Lowe’s Credit Card comes with no annual fee. This means you don’t have to pay for the credit card every year. Generally when you request any kind of card. You have to pay a small amount every year. In this case, there are no annual charges on this credit card. You can request it and after that, you don’t have t pay for the card. You can start using the benefits of this card.

Is Lowe’s Advantage Card Worth It?

After reading all the above benefits, we would like to recommend this card. This card can be very helpful for all the customers who buy at Lowe’s in bulk. Having these benefits at no additional cost for the card is very unique.

Although we would also mention that Lowe’s credit card is not the best option to go for. If you want to use a credit card that works at all merchants then we would not say that this is the best credit card. That being said if you are loyal to Lowe’s then it can be a good choice as it provides benefits to shopping at Lowe’s itself.

Summary

This completes our article and what we think about Lowe’s Credit Card. In case you found anything confusing let us know in the comment section below. You can also refer to other articles about lowes here. Lowe’s Return Policy & Lowe’s Price Match.

This article’s main focus is on what lowe focuses on to gain a bigger customer base. There are various factors that are considered as a competitive advantage for Lowe’s compared to their competition. You can categorize a competitive advantage in many ways. The price or the value of customer services. All these can become a factor for competitive advantage. This article will show you what lowe’s have been working on to get the majority of customers for themselves. We will point out a few points that we think made Lowe’s a successful company.

Lowe’s Competitive Edge

Now according to us, there are 4 points that we think Lowe’s focused on in a very structured way and hence they made this there differentiating point and conquered the industry. These factors help a company to gain profits as your company is known to be unique in that particular way. Let us now move on to the 4 points.

Store Layout

One of the very important things yet not very highlighted point. Very rarely someone focuses on the store layout as much as Lowe’s. The stores of Lowe’s and the garden centers of Lowe’s are huge. To be precise 113,000 and 32,000 square feet huge. This gives their customers space even at the time of high demand. Having space will not give you the advantage. You have to learn how to use that space.

Lowe’s have experimented with space and with an experience they have learned how to create an effective layout that will increase the chance of customer’s purchase. This creates a remarkable experience for customers. They have also utilized the space so that in case of storing and loading the products customers don’t get interrupted. Even with their shopping trolls, they must feel comfortable and that is the purpose of Lowe’s.

Product Availability

Lowe’s also had a competitive advantage when it comes to their product availability. They store larger stocks of products compared to other companies or say their rival. The product selection for customers is also diverse with Lowe’s. They have a variety in range and hence it makes them a better choice to shop. Lowe also stated that they focus on private brands to stand out from the competition. They have a very structured procedure of restocking quickly this gives them an upper hand.

Product Placement

Product placement does not get enough appreciation or focus. Many companies just place the products category wise. Well, it is more than that as a technique. You should what customers like to purchase more. What kinds of products are in demand. What should be highly seen to the customer? What kind of products are in an offer right now. How you can increase the selling chances of one product using another product. All these elements are important to understand. Lowe does a perfect work in understanding this and therefore they gain a competitive advantage from product placement.

Customer Relations

It is very important in today’s world that you create a good experience for your customers. You will need to understand what they need. You also have to focus on solving their issues as quickly as possible. How to be empathetic is very important to learn in customer service.

Summary

Our main motive was to show you how Lowe’s has gained a competitive advantage in the market through their different strategies. This is our perspective and based on our research we put this article together. The above points can also help you to understand how you can help your business grow and become successful. It will give you an idea of what things you should focus on. In case you found any kind of difficulty or you want to share your experience with us then simply comment on the section below.

In this article you will get to know about the Best Things You Did Not Know About Lowe’s. To know all the following you just have to scroll down and read the following. And as you know that there are 500 American Companies that sell the same as products for home improvement products, hardware, and other appliances products for your house. Basically, Lowe’s sells more than a thousand of products with various varieties. It even provides its best Online and In-store services to their customers. Hence, you all know these basic things but what you don’t know are the below-given points. So, scroll down and read the following carefully.

Things You Don’t Know About Lowe’s

Here in this section, you will get to know about the things which you did not know about Lowe’s Home Improvement Store. Lowe’s only had one mission just to give better service and home improvement products with the latest varieties. In their store, they combine the sales, services and several home improvement operating centers for customer satisfaction. But here are some of the points that did not know by the people about Lowe’s and that are as follows:

Lowe’s Market Share –

The home improvement advertise in the United States remains at $140 billion. This company holds 6% of this home improvement market. The organization’s 400 stores for the most part work in medium-sized and small markets. Each of the stores of Lowe’s lies in a space of around 75,000 square feet. Lowe’s recently have built around 114,000 sqft in the form of bigger markets and 100,000 sqft for smaller markets.

The Company’s History –

The organization’s example of overcoming adversity goes in 1921 when L.S Lowe built a tool shop in a not so famous town in North Wilkesboro, NC. His child, James Lowe, succeeded him as the new supervisor of the home improvement shop after he passed away. Then he decided to left the responsibilities of the store to his mother and sister because he took part in World War II along with his brother Carl Buchan by marriage.

When Carl Buchan came back from the North Wilkesboro in 1943 due to the US Army released him because of an issue from the war. As he was recouping from his injuries, he chose to help deal with Lowe’s equipment business. He increased a 50% stake in the business just after one year later. Then he decided to sell out a large portion of the stock of the store just to rebuild it to some another location by managing in discount and building supplies.

Opening More Stores

James Lowe got back after his administration at the US Army as a soldier. He was all set to help Buchan by maintaining the business of hardware types of equipment. He teamed up with Buchan to open a subsequent store, which produced numerous benefits in a couple of months. Then they two purchased a cattle farm and a car vendor utilizing the benefits harvested from the endeavor. Buchan chose to exchange his offers these two recently bought dares to Lowe’s offers in their two equipment adventures in 1952.

Carl Buchan built up a third home improvement shop in Asheville, NC three months subsequent to exchanging his cows homestead and vehicle vendor shares. The whole business worked under the name Lowe’s North Wikesboro Hardware, Inc. Buchan concentrated on extending the tasks of the business from 1952 to 1959. He figured out how to expand the organization’s deals from $4.1 million to $27 million.

Completion

I hope you have got to know about the things which you would never get to know about Lowe’s. So, all the above-mentioned information was about the Things You Did Not Know About Lowe’s. If you have any kind of questions regarding it freely ask us in the comment box. You can also visit Lowe’s official website for more information. Check out more like Lowe’s Price Match Policy – Match The Lowest Price You Find & Lowe’s Saving Tip – Save on Your Shopping Now!!!

This article will shed some light on Lowe’s Return Policy. Every company needs its customers to stay satisfied and don’t shift it trusts to another company. We are here today to explain the return policy and what is the information that is included in this policy. This information can help you after you buy your product from Lowes and may also encourage you to buy more and try new things.

Lowe’s Return Policy

This policy states that the customers will have 90 days to themselves to make a decision whether they want to return the product or not. After 90 days the product can not be returned. This is for the products to be returned within the United States. Once you request a return they will try to do either of the three things.

1. Repair the product
2. Replace the product
3. Refund the money

So, when you return your product, the first approach the company will take will be to repair the product. If they are not able to do so, then they might offer you the same product but a new piece. If you don’t want it and if you are eligible for a refund then you may ask for your refund in which case you will get the refund in the form of your original payment.

Holiday Season Lowe’s Return Policy

The holiday season is different and hence the return policy also differs. The number of days changes and there is a very specific mention of that. So, at the time of winter, you must return your product before 31st December on that same holiday season you bought. From 1st January, you will not be able to return the products in any way. After 1st January, you will have 30 days to return your product if it falls under the major appliances category. These could be television, washing machines, refrigerator, etc.

Lowe’s Return Policy Process

If you have made up your mind to return the product back to Lowes then you should read this section carefully to know how to do so. You can return your product in either of the two ways. You can take back the product to the store and return it or you can use the parcel system to return the product to the company.

Return At Store

1. Wrap back the product properly.
2. Don’t miss out on any product parts.
3. Take the purchase proof i.e. the receipt of the product.
4. Go to any Lowe’s store and request to return the product.

This will complete your return process at the store and also you will have to mention the reason for making the return. From that, the company will try to help you. They will provide you the Lowe’s Exchange Policy option or the Lowe’s Refund Policy option or even try to repair the product if that is your case. Another method is to return the product using the company’s parcel system.

Return Through Parcel 

1. Pack the product carefully.
2. Include all the components of the product that came along with that.
3. If the product came disassembled then it should be sent disassembled too.
4. Stick the return label on the package.
5. Then drop the package to the near parcel carrier.

This should complete your return through the parcel system. Once the package is reached to the company, you will be notified at the process will move ahead. The return label comes with the parcel itself or you can also generate it from the website. The shipping charges will not be refunded. You can ask for a return even in the case when the parcel you got was damaged while shipping. For this contact, the company and they will pick up the product.

No-Receipt Returns

Yes, you can request a return even if you have lost your receipt as per the Lowe’s Return Policy. Lowe will help you to find the receipt on their database and if found they will accept your return request. You will have to give your card details through which you made the payment and the store will search for it and will accept the return if found. If you made a cash payment then you will need to remember the date you made the purchase and what all products you bought and minute information like that to help the store track down your purchase.

Lowe’s Exchange Policy

The company also has an exchange policy in place. When you make a return request, the company will offer you an exchange. You may get the same product in exchange. You may not ask for a different product, you may ask for a different color or size but the product needs to be the same. This is the terms of Lowe’s Exchange Policy. You cannot ask for a lower price or higher price product and then ask for a refund or pay extra respectively.

Lowe’s Refund Policy

This policy is only possible when you do not want a repair or the exchange of product and you are only looking for a refund. Now, the company will only refund your product if you did not damage the product or you made the return properly and followed the rules of Lowe’s return policy. The refund will take place in the same method as the method you used while making the purchase.

Contact Details

If you want to reach the Pro services desk then dial, 1-844-569-4776.

If you are looking to dial for Sales & Product Assistance 1-877-465-6937

Want to dial to the customer care number? Here, 1-800-445-6937

You can also email the company on [email protected]

Related Article

Lowe’s Price Match Policy – Match The Lowest Price You Find

Summary

This brings us to the end of our article Lowe’s Return Policy. We hope our information was relevant to your query. We tried to add every information that may arise from a return process such as Lowe’s Exchange policy and Lowe’s Refund Policy. Our motive was to bring all the information together so that you find it easy to locate the answer to your query. You can also save some money through Lowe’s price match policy. If there remains any doubt then feel free to write to us in the comment box below and we will revert back to you as soon as possible.