Nigeria Telecom Industry - Five Forces Analysis

Home Five Forces Index Nigeria Telecom Industry - Five Forces Analysis

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Intensity of Existing Rivalry Large industry size (Nigeria Telecom Industry) Large industries allow multiple firms and produces to prosper without having to steal market share... Fast industry growth rate (Nigeria Telecom Industry) When industries are growing revenue quickly, they are less likely to compete, because the total... Relatively few competitors (Nigeria Telecom Industry) Few competitors mean fewer firms are competing for the same customers and resources, which is a... Bargaining Power of Suppliers Threat of Substitutes Substitute has lower performance (Nigeria Telecom Industry) A lower performance product means a customer is less likely to switch from Nigeria Telecom Industry... Substitute is lower quality (Nigeria Telecom Industry) A lower quality product means a customer is less likely to switch from Nigeria Telecom Industry to... Substitute product is inferior (Nigeria Telecom Industry) An inferior product means a customer is less likely to switch from Nigeria Telecom Industry to... Limited number of substitutes (Nigeria Telecom Industry) A limited number of substitutes mean that customers cannot easily find other products or services... Bargaining Power of Customers Product is important to customer (Nigeria Telecom Industry) When customers cherish particular products they end up paying more for that one product. This... Large number of customers (Nigeria Telecom Industry) When there are large numbers of customers, no one customer tends to have bargaining leverage.... Limited buyer choice (Nigeria Telecom Industry) When customers have limited choices they end up paying more for the choices that are available.... Threat of New Competitors Strong distribution network required (Nigeria Telecom Industry) Weak distribution networks mean goods are more expensive to move around and some goods don’t get to... High capital requirements (Nigeria Telecom Industry) High capital requirements mean a company must spend a lot of money in order to compete in the... Strong brand names are important (Nigeria Telecom Industry) If strong brands are critical to compete, then new competitors will have to improve their brand... Industry requires economies of scale (Nigeria Telecom Industry) Economies of scale help producers to lower their cost by producing the next unit of output at lower... Geographic factors limit competition (Nigeria Telecom Industry) If existing competitors have the best geographical locations, new competitors will have a... High switching costs for customers (Nigeria Telecom Industry) High switching costs make it difficult for customers to change which products they normally... Entry barriers are high (Nigeria Telecom Industry) 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 nigeria-telecom-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 nigeria-telecom-industry's most important five forces statements.