Best Buy Inc. - Five Forces Analysis

Best Buy Inc. - Five Forces Analysis

Last Updated by wbot | Update This Page Now

Intensity of Existing Rivalry

Large industry size (Best Buy Inc.) Large industries allow multiple firms and produces to prosper without having to steal market share...

Bargaining Power of Suppliers

Low concentration of suppliers (Best Buy Inc.) A low concentration of suppliers means there are many suppliers with limited bargaining power. Low...
Volume is critical to suppliers (Best Buy Inc.) When suppliers are reliant on high volumes, they have less bargaining power, because a producer can...

Threat of Substitutes

Limited number of substitutes (Best Buy Inc.) A limited number of substitutes mean that customers cannot easily find other products or services...

Bargaining Power of Customers

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

Threat of New Competitors

Strong distribution network required (Best Buy Inc.) Weak distribution networks mean goods are more expensive to move around and some goods don’t get to...
High capital requirements (Best Buy Inc.) High capital requirements mean a company must spend a lot of money in order to compete in the...
Strong brand names are important (Best Buy Inc.) If strong brands are critical to compete, then new competitors will have to improve their brand...
Industry requires economies of scale (Best Buy Inc.) Economies of scale help producers to lower their cost by producing the next unit of output at lower...

What is Porter's Five Forces Analysis?

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