Low buyer price sensitivity (StateFarm)

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When buyers are less sensitive to prices, prices can increase and buyers will still buy the product. Inelastic demand positively affects StateFarm. … "Low buyer price sensitivity (StateFarm)" has a significant impact, so an analyst should put more weight into it. This statement will lead to an increase in profits for this entity.

Five Forces Analysis Survey This statement has a significant impact? Has a positive impact over the long term? Has a negative impact over the long term? Has a positive impact over the short term? Has a negative impact over the short term? This statement leads to reduced costs? This statement leads to increased costs? This statement leads to increased profits? This statement leads to decreased profits? Easy to defend this advantage? Easy to overcome this disadvantage? Difficult to defend advantage? Difficult to overcome this disadvantage? Affected Investments

Threat of Substitutes: Low buyer price sensitivity (StateFarm)
When buyers are less sensitive to prices, prices can increase and buyers will still buy the product. Inelastic demand positively affects StateFarm.

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