3M - Five Forces Analysis

3M - Five Forces Analysis

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Intensity of Existing Rivalry

Low storage costs (3M) When storage costs are low, competitors have a lower risk of having to unload their inventory all at...

Bargaining Power of Suppliers

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High competition among suppliers (3M) High levels of competition among suppliers acts to reduce prices to producers. This is a positive...

Threat of Substitutes

Substitute product is inferior (3M) An inferior product means a customer is less likely to switch from **3M* to another product or...
Limited number of substitutes (3M) A limited number of substitutes mean that customers cannot easily find other products or services...

Bargaining Power of Customers

Limited buyer information availability (3M) When buyers have limited information, they are at a disadvantage in negotiations with sellers....
Limited buyer choice (3M) When customers have limited choices they end up paying more for the choices that are available....

Threat of New Competitors

Advanced technologies are required (3M) Advanced technologies make it difficult for new competitors to enter the market because they have to...
Geographic factors limit competition (3M) If existing competitors have the best geographical locations, new competitors will have a...

What is Porter's Five Forces Analysis?

WikiWealth's Five Forces analysis evaluates the five factors that determine industry competition. Add your input to 3m'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 3m's most important five forces statements.