Mercury Festival - Five Forces Analysis

Mercury Festival - Five Forces Analysis

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Intensity of Existing Rivalry

Large industry size (Mercury Festival) Large industries allow multiple firms and produces to prosper without having to steal market share...
Exit barriers are low (Mercury Festival) When exit barriers are low, weak firms are more likely to leave the market, which will increase the...

Bargaining Power of Suppliers

Critical production inputs are similar (Mercury Festival) When critical production inputs are similar, it is easier to mix and match inputs, which reduces...
Low cost of switching suppliers (Mercury Festival) The easier it is to switch suppliers, the less bargaining power they have. Low supplier switching...

Threat of Substitutes

Substantial product differentiation (Mercury Festival) When products and services are very different, customers are less likely to find comparable product...

Bargaining Power of Customers

Product is important to customer (Mercury Festival) When customers cherish particular products they end up paying more for that one product. This...
Large number of customers (Mercury Festival) When there are large numbers of customers, no one customer tends to have bargaining leverage....

Threat of New Competitors

Strong distribution network required (Mercury Festival) Weak distribution networks mean goods are more expensive to move around and some goods don’t get to...
Strong brand names are important (Mercury Festival) If strong brands are critical to compete, then new competitors will have to improve their brand...
Industry requires economies of scale (Mercury Festival) Economies of scale help producers to lower their cost by producing the next unit of output at lower...
Customers are loyal to existing brands (Mercury Festival) It takes time and money to build a brand. When companies need to spend resources building a brand,...
High learning curve (Mercury Festival) When the learning curve is high, new competitors must spend time and money studying the market...

What is Porter's Five Forces Analysis?

WikiWealth's Five Forces analysis evaluates the five factors that determine industry competition. Add your input to mercury-festival'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 mercury-festival's most important five forces statements.