3M Porter Analysis - Five Forces Analysis

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Intensity of Existing Rivalry Relatively few competitors (3M Porter Analysis) Few competitors mean fewer firms are competing for the same customers and resources, which is a... International Legislation (3M Porter Analysis) Please edit this page to add a description… Fast industry growth rate (3M Porter Analysis) When industries are growing revenue quickly, they are less likely to compete, because the total... Potentially new commercial markets (3M Porter Analysis) Please edit this page to add a description… Bargaining Power of Suppliers 1 High competition among suppliers (3M Porter Analysis) High levels of competition among suppliers acts to reduce prices to producers. This is a positive... Low concentration of suppliers (3M Porter Analysis) A low concentration of suppliers means there are many suppliers with limited bargaining power. Low... Critical production inputs are similar (3M Porter Analysis) When critical production inputs are similar, it is easier to mix and match inputs, which reduces... Diverse distribution channel (3M Porter Analysis) The more diverse distribution channels become the less bargaining power a single distributor will... Inputs have little impact on costs (3M Porter Analysis) When inputs are not a big component of costs, suppliers of those inputs have less bargaining power.... Threat of Substitutes High cost of switching to substitutes (3M Porter Analysis) Limited number of substitutes means that customers cannot easily switch to other products or... Limited number of substitutes (3M Porter Analysis) A limited number of substitutes mean that customers cannot easily find other products or services... Bargaining Power of Customers Government Legislation Dependent (3M Porter Analysis) Please edit this page to add a description… Product Quality and performance is critical (3M Porter Analysis) Please edit this page to add a description… High Price Sensitivity (3M Porter Analysis) Please edit this page to add a description… Buyers require special customization (3M Porter Analysis) When customers require special customizations, they are less likely to switch to producers who have... Limited buyer information availability (3M Porter Analysis) When buyers have limited information, they are at a disadvantage in negotiations with sellers.... Product is important to customer (3M Porter Analysis) When customers cherish particular products they end up paying more for that one product. This... Limited buyer choice (3M Porter Analysis) When customers have limited choices they end up paying more for the choices that are available.... Threat of New Competitors High capital requirements (3M Porter Analysis) High capital requirements mean a company must spend a lot of money in order to compete in the... Advanced technologies are required (3M Porter Analysis) Advanced technologies make it difficult for new competitors to enter the market because they have to... Industry requires economies of scale (3M Porter Analysis) Economies of scale help producers to lower their cost by producing the next unit of output at lower... Patents limit new competition (3M Porter Analysis) Patents that cover vital technologies make it difficult for new competitors, because the best... High switching costs for customers (3M Porter Analysis) High switching costs make it difficult for customers to change which products they normally... Entry barriers are high (3M Porter Analysis) 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 3m-porter-analysis'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-porter-analysis's most important five forces statements.