1096 - Five Forces Analysis

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Intensity of Existing Rivalry 15 Government limits competition (1096) Government policies and regulations can dictate the level of competition within the industry. When... Fast industry growth rate (1096) When industries are growing revenue quickly, they are less likely to compete, because the total... Relatively few competitors (1096) Few competitors mean fewer firms are competing for the same customers and resources, which is a... Large industry size (1096) Large industries allow multiple firms and produces to prosper without having to steal market share... Bargaining Power of Suppliers Low concentration of suppliers (1096) A low concentration of suppliers means there are many suppliers with limited bargaining power. Low... Threat of Substitutes Limited number of substitutes (1096) A limited number of substitutes mean that customers cannot easily find other products or services... Bargaining Power of Customers Product is important to customer (1096) When customers cherish particular products they end up paying more for that one product. This... Buyers require special customization (1096) When customers require special customizations, they are less likely to switch to producers who have... Limited buyer choice (1096) When customers have limited choices they end up paying more for the choices that are available.... Threat of New Competitors Advanced technologies are required (1096) Advanced technologies make it difficult for new competitors to enter the market because they have to... Patents limit new competition (1096) Patents that cover vital technologies make it difficult for new competitors, because the best... Customers are loyal to existing brands (1096) It takes time and money to build a brand. When companies need to spend resources building a brand,... High switching costs for customers (1096) High switching costs make it difficult for customers to change which products they normally... Entry barriers are high (1096) When barriers are high, it is more difficult for new competitors to enter the market. High entry... What is Porter's Five Forces Analysis? WikiWealth's Five Forces analysis evaluates the five factors that determine industry competition. Add your input to 1096's five forces template. See WikiWealth's tutorial for help. Is WikiWealth missing any analysis? Check out our entire database of free five forces reports or use our five forces generator to create your own. Remember, vote up 1096's most important five forces statements.