High cost of switching to substitutes (Volvo)
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Limited number of substitutes means that customers cannot easily switch to other products or services of similar price and still receive the same benefits. High switching costs positively affect Volvo. … "High cost of switching to substitutes (Volvo)" has a significant impact, so an analyst should put more weight into it. "High cost of switching to substitutes (Volvo)" will have a long-term negative impact on this entity, which subtracts from the entity's value. This statements will have a short-term negative impact on this entity, which subtracts from its value. |
Five Forces Analysis Survey |

Threat of Substitutes: High cost of switching to substitutes (Volvo)
Limited number of substitutes means that customers cannot easily switch to other products or services of similar price and still receive the same benefits. High switching costs positively affect Volvo.
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