Home improvement - Five Forces Analysis

Home improvement - Five Forces Analysis

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Intensity of Existing Rivalry

Large industry size (Home improvement) Large industries allow multiple firms and produces to prosper without having to steal market share...
Fast industry growth rate (Home improvement) When industries are growing revenue quickly, they are less likely to compete, because the total...
Relatively few competitors (Home improvement) Few competitors mean fewer firms are competing for the same customers and resources, which is a...

Bargaining Power of Suppliers

Low cost of switching suppliers (Home improvement) The easier it is to switch suppliers, the less bargaining power they have. Low supplier switching...
Diverse distribution channel (Home improvement) The more diverse distribution channels become the less bargaining power a single distributor will...

Threat of Substitutes

Substantial product differentiation (Home improvement) When products and services are very different, customers are less likely to find comparable product...

Bargaining Power of Customers

Buyers require special customization (Home improvement) When customers require special customizations, they are less likely to switch to producers who have...
Low buyer price sensitivity (Home improvement) When buyers are less sensitive to prices, prices can increase and buyers will still buy the product....
Large number of customers (Home improvement) When there are large numbers of customers, no one customer tends to have bargaining leverage....

Threat of New Competitors

Strong brand names are important (Home improvement) If strong brands are critical to compete, then new competitors will have to improve their brand...
Advanced technologies are required (Home improvement) Advanced technologies make it difficult for new competitors to enter the market because they have to...
Geographic factors limit competition (Home improvement) If existing competitors have the best geographical locations, new competitors will have a...
Entry barriers are high (Home improvement) 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 home-improvement'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 home-improvement's most important five forces statements.