Altures - Five Forces Analysis

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Intensity of Existing Rivalry Large industry size (Altures) Large industries allow multiple firms and produces to prosper without having to steal market share... Fast industry growth rate (Altures) When industries are growing revenue quickly, they are less likely to compete, because the total... Bargaining Power of Suppliers Large number of substitute inputs (Altures) When there are a large number of substitute inputs, suppliers have less bargaining leverage over... Low cost of switching suppliers (Altures) The easier it is to switch suppliers, the less bargaining power they have. Low supplier switching... Volume is critical to suppliers (Altures) When suppliers are reliant on high volumes, they have less bargaining power, because a producer can... Threat of Substitutes Substitute has lower performance (Altures) A lower performance product means a customer is less likely to switch from Altures to another... Substantial product differentiation (Altures) When products and services are very different, customers are less likely to find comparable product... Substitute is lower quality (Altures) A lower quality product means a customer is less likely to switch from Altures to another product or... Substitute product is inferior (Altures) An inferior product means a customer is less likely to switch from Altures to another product or... Limited number of substitutes (Altures) A limited number of substitutes mean that customers cannot easily find other products or services... Bargaining Power of Customers Buyers require special customization (Altures) When customers require special customizations, they are less likely to switch to producers who have... Product is important to customer (Altures) When customers cherish particular products they end up paying more for that one product. This... Threat of New Competitors Strong brand names are important (Altures) If strong brands are critical to compete, then new competitors will have to improve their brand... Advanced technologies are required (Altures) Advanced technologies make it difficult for new competitors to enter the market because they have to... Industry requires economies of scale (Altures) Economies of scale help producers to lower their cost by producing the next unit of output at lower... High learning curve (Altures) When the learning curve is high, new competitors must spend time and money studying the market... High switching costs for customers (Altures) High switching costs make it difficult for customers to change which products they normally... What is Porter's Five Forces Analysis? WikiWealth's Five Forces analysis evaluates the five factors that determine industry competition. Add your input to altures'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 altures's most important five forces statements.