Novtel lake side hotel rotorua - Five Forces Analysis

Novtel lake side hotel rotorua - Five Forces Analysis

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Intensity of Existing Rivalry

Exit barriers are low (Novtel lake side hotel rotorua ) When exit barriers are low, weak firms are more likely to leave the market, which will increase the...
Government limits competition (Novtel lake side hotel rotorua ) Government policies and regulations can dictate the level of competition within the industry. When...
Large industry size (Novtel lake side hotel rotorua ) Large industries allow multiple firms and produces to prosper without having to steal market share...
Fast industry growth rate (Novtel lake side hotel rotorua ) When industries are growing revenue quickly, they are less likely to compete, because the total...

Bargaining Power of Suppliers

Volume is critical to suppliers (Novtel lake side hotel rotorua ) When suppliers are reliant on high volumes, they have less bargaining power, because a producer can...
Diverse distribution channel (Novtel lake side hotel rotorua ) The more diverse distribution channels become the less bargaining power a single distributor will...
Large number of substitute inputs (Novtel lake side hotel rotorua ) When there are a large number of substitute inputs, suppliers have less bargaining leverage over...
High competition among suppliers (Novtel lake side hotel rotorua ) High levels of competition among suppliers acts to reduce prices to producers. This is a positive...
Low cost of switching suppliers (Novtel lake side hotel rotorua ) The easier it is to switch suppliers, the less bargaining power they have. Low supplier switching...

Threat of Substitutes

Substitute is lower quality (Novtel lake side hotel rotorua ) A lower quality product means a customer is less likely to switch from **Novtel lake side hotel...
High cost of switching to substitutes (Novtel lake side hotel rotorua ) Limited number of substitutes means that customers cannot easily switch to other products or...
Limited number of substitutes (Novtel lake side hotel rotorua ) A limited number of substitutes mean that customers cannot easily find other products or services...

Bargaining Power of Customers

Buyers require special customization (Novtel lake side hotel rotorua ) When customers require special customizations, they are less likely to switch to producers who have...
Low dependency on distributors (Novtel lake side hotel rotorua ) When produces have low dependence, distributors have less bargaining power. Low dependency...
Large number of customers (Novtel lake side hotel rotorua ) When there are large numbers of customers, no one customer tends to have bargaining leverage....
Limited buyer choice (Novtel lake side hotel rotorua ) When customers have limited choices they end up paying more for the choices that are available....

Threat of New Competitors

Strong distribution network required (Novtel lake side hotel rotorua ) Weak distribution networks mean goods are more expensive to move around and some goods don’t get to...
High capital requirements (Novtel lake side hotel rotorua ) High capital requirements mean a company must spend a lot of money in order to compete in the...
Advanced technologies are required (Novtel lake side hotel rotorua ) Advanced technologies make it difficult for new competitors to enter the market because they have to...
Geographic factors limit competition (Novtel lake side hotel rotorua ) If existing competitors have the best geographical locations, new competitors will have a...
Customers are loyal to existing brands (Novtel lake side hotel rotorua ) It takes time and money to build a brand. When companies need to spend resources building a brand,...
High switching costs for customers (Novtel lake side hotel rotorua ) High switching costs make it difficult for customers to change which products they normally...

What is Porter's Five Forces Analysis?

WikiWealth's Five Forces analysis evaluates the five factors that determine industry competition. Add your input to novtel-lake-side-hotel-rotorua'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 novtel-lake-side-hotel-rotorua's most important five forces statements.