Build-A-Bear Workshop - Five Forces Analysis

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Intensity of Existing Rivalry Large industry size (Build-A-Bear Workshop) Large industries allow multiple firms and produces to prosper without having to steal market share... Relatively few competitors (Build-A-Bear Workshop) Few competitors mean fewer firms are competing for the same customers and resources, which is a... Exit barriers are low (Build-A-Bear Workshop) When exit barriers are low, weak firms are more likely to leave the market, which will increase the... Bargaining Power of Suppliers Low concentration of suppliers (Build-A-Bear Workshop) A low concentration of suppliers means there are many suppliers with limited bargaining power. Low... Volume is critical to suppliers (Build-A-Bear Workshop) When suppliers are reliant on high volumes, they have less bargaining power, because a producer can... Threat of Substitutes Substantial product differentiation (Build-A-Bear Workshop) When products and services are very different, customers are less likely to find comparable product... Bargaining Power of Customers Product is important to customer (Build-A-Bear Workshop) When customers cherish particular products they end up paying more for that one product. This... Buyers require special customization (Build-A-Bear Workshop) When customers require special customizations, they are less likely to switch to producers who have... Large number of customers (Build-A-Bear Workshop) When there are large numbers of customers, no one customer tends to have bargaining leverage.... Limited buyer choice (Build-A-Bear Workshop) When customers have limited choices they end up paying more for the choices that are available.... Threat of New Competitors Strong distribution network required (Build-A-Bear Workshop) Weak distribution networks mean goods are more expensive to move around and some goods don’t get to... Industry requires economies of scale (Build-A-Bear Workshop) Economies of scale help producers to lower their cost by producing the next unit of output at lower... mportant (Build-A-Bear Workshop) If strong brands are critical to compete, then new competitors will have to improve their brand... Patents limit new competition (Build-A-Bear Workshop) Patents that cover vital technologies make it difficult for new competitors, because the best... Customers are loyal to existing brands (Build-A-Bear Workshop) It takes time and money to build a brand. When companies need to spend resources building a brand,... Geographic factors limit competition (Build-A-Bear Workshop) If existing competitors have the best geographical locations, new competitors will have a... Entry barriers are high (Build-A-Bear Workshop) 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 build-a-bear-workshop'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 build-a-bear-workshop's most important five forces statements.