High cost of switching to substitutes (Solar Energy Industry )
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Limited number of substitutes means that customers cannot easily switch to other products or services of similar price and still receive the same benefits. High switching costs positively affect **Solar Energy Industry **. … "High cost of switching to substitutes (Solar Energy Industry )" 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. "High cost of switching to substitutes (Solar Energy Industry )" is an easily defendable qualitative factor, so competing institutions will have a difficult time overcoming it. |
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Threat of Substitutes: High cost of switching to substitutes (Solar Energy Industry )
Limited number of substitutes means that customers cannot easily switch to other products or services of similar price and still receive the same benefits. High switching costs positively affect **Solar Energy Industry **.
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