Bit builder - Five Forces Analysis

Bit builder - Five Forces Analysis

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Intensity of Existing Rivalry

Fast industry growth rate (Bit builder) When industries are growing revenue quickly, they are less likely to compete, because the total...
Exit barriers are low (Bit builder) When exit barriers are low, weak firms are more likely to leave the market, which will increase the...

Bargaining Power of Suppliers

Large number of substitute inputs (Bit builder) When there are a large number of substitute inputs, suppliers have less bargaining leverage over...
High competition among suppliers (Bit builder) High levels of competition among suppliers acts to reduce prices to producers. This is a positive...
Inputs have little impact on costs (Bit builder) When inputs are not a big component of costs, suppliers of those inputs have less bargaining power....
Diverse distribution channel (Bit builder) The more diverse distribution channels become the less bargaining power a single distributor will...
Low cost of switching suppliers (Bit builder) The easier it is to switch suppliers, the less bargaining power they have. Low supplier switching...

Threat of Substitutes

Substitute has lower performance (Bit builder) A lower performance product means a customer is less likely to switch from Bit builder to another...
Substantial product differentiation (Bit builder) When products and services are very different, customers are less likely to find comparable product...
High cost of switching to substitutes (Bit builder) Limited number of substitutes means that customers cannot easily switch to other products or...

Bargaining Power of Customers

Low dependency on distributors (Bit builder) When produces have low dependence, distributors have less bargaining power. Low dependency...
Product is important to customer (Bit builder) When customers cherish particular products they end up paying more for that one product. This...
Large number of customers (Bit builder) When there are large numbers of customers, no one customer tends to have bargaining leverage....
Limited buyer choice (Bit builder) When customers have limited choices they end up paying more for the choices that are available....

Threat of New Competitors

High sunk costs limit competition (Bit builder) High sunk costs make it difficult for a competitor to enter a new market, because they have to...
Advanced technologies are required (Bit builder) Advanced technologies make it difficult for new competitors to enter the market because they have to...
High switching costs for customers (Bit builder) 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 bit-builder'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 bit-builder's most important five forces statements.