Thailand - Five Forces Analysis

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Intensity of Existing Rivalry Low storage costs (Thailand ) When storage costs are low, competitors have a lower risk of having to unload their inventory all at... Government limits competition (Thailand ) Government policies and regulations can dictate the level of competition within the industry. When... Large industry size (Thailand ) Large industries allow multiple firms and produces to prosper without having to steal market share... Fast industry growth rate (Thailand ) When industries are growing revenue quickly, they are less likely to compete, because the total... Relatively few competitors (Thailand ) Few competitors mean fewer firms are competing for the same customers and resources, which is a... Exit barriers are low (Thailand ) When exit barriers are low, weak firms are more likely to leave the market, which will increase the... Bargaining Power of Suppliers Large number of substitute inputs (Thailand ) When there are a large number of substitute inputs, suppliers have less bargaining leverage over... High competition among suppliers (Thailand ) High levels of competition among suppliers acts to reduce prices to producers. This is a positive... Diverse distribution channel (Thailand ) The more diverse distribution channels become the less bargaining power a single distributor will... Critical production inputs are similar (Thailand ) When critical production inputs are similar, it is easier to mix and match inputs, which reduces... Inputs have little impact on costs (Thailand ) When inputs are not a big component of costs, suppliers of those inputs have less bargaining power.... Low cost of switching suppliers (Thailand ) The easier it is to switch suppliers, the less bargaining power they have. Low supplier switching... Threat of Substitutes Substitute is lower quality (Thailand ) A lower quality product means a customer is less likely to switch from **Thailand ** to another... Substitute product is inferior (Thailand ) An inferior product means a customer is less likely to switch from **Thailand ** to another product... Substantial product differentiation (Thailand ) When products and services are very different, customers are less likely to find comparable product... High cost of switching to substitutes (Thailand ) Limited number of substitutes means that customers cannot easily switch to other products or... Limited number of substitutes (Thailand ) A limited number of substitutes mean that customers cannot easily find other products or services... Bargaining Power of Customers Low buyer price sensitivity (Thailand ) When buyers are less sensitive to prices, prices can increase and buyers will still buy the product.... Limited buyer information availability (Thailand ) When buyers have limited information, they are at a disadvantage in negotiations with sellers.... Low dependency on distributors (Thailand ) When produces have low dependence, distributors have less bargaining power. Low dependency... Product is important to customer (Thailand ) When customers cherish particular products they end up paying more for that one product. This... Threat of New Competitors Strong distribution network required (Thailand ) Weak distribution networks mean goods are more expensive to move around and some goods don’t get to... High sunk costs limit competition (Thailand ) High sunk costs make it difficult for a competitor to enter a new market, because they have to... Advanced technologies are required (Thailand ) Advanced technologies make it difficult for new competitors to enter the market because they have to... Industry requires economies of scale (Thailand ) Economies of scale help producers to lower their cost by producing the next unit of output at lower... Geographic factors limit competition (Thailand ) If existing competitors have the best geographical locations, new competitors will have a... Customers are loyal to existing brands (Thailand ) It takes time and money to build a brand. When companies need to spend resources building a brand,... High switching costs for customers (Thailand ) High switching costs make it difficult for customers to change which products they normally... Entry barriers are high (Thailand ) 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 thailand'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 thailand's most important five forces statements.