Bag - Five Forces Analysis

Bag - Five Forces Analysis

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Intensity of Existing Rivalry

Relatively few competitors (Bag) Few competitors mean fewer firms are competing for the same customers and resources, which is a...
Low storage costs (Bag) When storage costs are low, competitors have a lower risk of having to unload their inventory all at...

Bargaining Power of Suppliers

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Large number of substitute inputs (Bag) When there are a large number of substitute inputs, suppliers have less bargaining leverage over...
Low cost of switching suppliers (Bag) The easier it is to switch suppliers, the less bargaining power they have. Low supplier switching...
High competition among suppliers (Bag) High levels of competition among suppliers acts to reduce prices to producers. This is a positive...

Threat of Substitutes

Substantial product differentiation (Bag) When products and services are very different, customers are less likely to find comparable product...
Limited number of substitutes (Bag) A limited number of substitutes mean that customers cannot easily find other products or services...

Bargaining Power of Customers

Buyers require special customization (Bag) When customers require special customizations, they are less likely to switch to producers who have...
Low dependency on distributors (Bag) When produces have low dependence, distributors have less bargaining power. Low dependency...

Threat of New Competitors

Strong brand names are important (Bag) If strong brands are critical to compete, then new competitors will have to improve their brand...
Advanced technologies are required (Bag) Advanced technologies make it difficult for new competitors to enter the market because they have to...
Patents limit new competition (Bag) Patents that cover vital technologies make it difficult for new competitors, because the best...
Customers are loyal to existing brands (Bag) It takes time and money to build a brand. When companies need to spend resources building a brand,...
High switching costs for customers (Bag) 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 bag'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 bag's most important five forces statements.