Fast Food Industry - Five Forces Analysis

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Intensity of Existing Rivalry Fast food industry:mcdonald s Fast food industry:kfc Low storage costs (Fast Food Industry) When storage costs are low, competitors have a lower risk of having to unload their inventory all at... Fast industry growth rate (Fast Food Industry) When industries are growing revenue quickly, they are less likely to compete, because the total... Large industry size (Fast Food Industry) Large industries allow multiple firms and produces to prosper without having to steal market share... Relatively few competitors (Fast Food Industry) Few competitors mean fewer firms are competing for the same customers and resources, which is a... Bargaining Power of Suppliers njjjn Volume is critical to suppliers (Fast Food Industry) When suppliers are reliant on high volumes, they have less bargaining power, because a producer can... Threat of Substitutes Fast food industry:1 Fast food industry:100  The willingness of buyers to substitute; Substantial product differentiation (Fast Food Industry) When products and services are very different, customers are less likely to find comparable product... Limited number of substitutes (Fast Food Industry) A limited number of substitutes mean that customers cannot easily find other products or services... Bargaining Power of Customers Fast food industry:high Fast food industry:13 a concertration of buyers Low buyer price sensitivity (Fast Food Industry) When buyers are less sensitive to prices, prices can increase and buyers will still buy the product.... Limited buyer choice (Fast Food Industry) When customers have limited choices they end up paying more for the choices that are available.... Threat of New Competitors Geographic factors limit competition (Fast Food Industry) If existing competitors have the best geographical locations, new competitors will have a... Strong distribution network required (Fast Food Industry) Weak distribution networks mean goods are more expensive to move around and some goods don’t get to... Strong brand names are important (Fast Food Industry) If strong brands are critical to compete, then new competitors will have to improve their brand... Industry requires economies of scale (Fast Food Industry) Economies of scale help producers to lower their cost by producing the next unit of output at lower... What is Porter's Five Forces Analysis? WikiWealth's Five Forces analysis evaluates the five factors that determine industry competition. Add your input to fast-food-industry'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 fast-food-industry's most important five forces statements.