Five Guys Burgers - Five Forces Analysis

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Intensity of Existing Rivalry Uiii Fast industry growth rate (Five Guys Burgers ) When industries are growing revenue quickly, they are less likely to compete, because the total... Relatively few competitors (Five Guys Burgers ) Few competitors mean fewer firms are competing for the same customers and resources, which is a... Large industry size (Five Guys Burgers ) Large industries allow multiple firms and produces to prosper without having to steal market share... Bargaining Power of Suppliers 12 Five guys burgers:1 Large number of substitute inputs (Five Guys Burgers ) When there are a large number of substitute inputs, suppliers have less bargaining leverage over... High competition among suppliers (Five Guys Burgers ) High levels of competition among suppliers acts to reduce prices to producers. This is a positive... Diverse distribution channel (Five Guys Burgers ) The more diverse distribution channels become the less bargaining power a single distributor will... Low cost of switching suppliers (Five Guys Burgers ) The easier it is to switch suppliers, the less bargaining power they have. Low supplier switching... Threat of Substitutes Substitute is lower quality (Five Guys Burgers ) A lower quality product means a customer is less likely to switch from **Five Guys Burgers ** to... Substitute product is inferior (Five Guys Burgers ) An inferior product means a customer is less likely to switch from **Five Guys Burgers ** to another... Substantial product differentiation (Five Guys Burgers ) When products and services are very different, customers are less likely to find comparable product... Bargaining Power of Customers Low buyer price sensitivity (Five Guys Burgers ) When buyers are less sensitive to prices, prices can increase and buyers will still buy the product.... Low dependency on distributors (Five Guys Burgers ) When produces have low dependence, distributors have less bargaining power. Low dependency... Large number of customers (Five Guys Burgers ) When there are large numbers of customers, no one customer tends to have bargaining leverage.... Threat of New Competitors Strong distribution network required (Five Guys Burgers ) Weak distribution networks mean goods are more expensive to move around and some goods don’t get to... Customers are loyal to existing brands (Five Guys Burgers ) It takes time and money to build a brand. When companies need to spend resources building a brand,... Strong brand names are important (Five Guys Burgers ) If strong brands are critical to compete, then new competitors will have to improve their brand... What is Porter's Five Forces Analysis? WikiWealth's Five Forces analysis evaluates the five factors that determine industry competition. Add your input to five-guys-burgers'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 five-guys-burgers's most important five forces statements.