Toronto Condominiums - Five Forces Analysis

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Short description of Porter's Five Forces analysis for… Intensity of Existing Rivalry Large industry size (Toronto Condominiums) Large industries allow multiple firms and produces to prosper without having to steal market share... Relatively few competitors (Toronto Condominiums) Few competitors mean fewer firms are competing for the same customers and resources, which is a... Bargaining Power of Suppliers High competition among suppliers (Toronto Condominiums) High levels of competition among suppliers acts to reduce prices to producers. This is a positive... Volume is critical to suppliers (Toronto Condominiums) When suppliers are reliant on high volumes, they have less bargaining power, because a producer can... Threat of Substitutes Substantial product differentiation (Toronto Condominiums) When products and services are very different, customers are less likely to find comparable product... Limited number of substitutes (Toronto Condominiums) A limited number of substitutes mean that customers cannot easily find other products or services... Bargaining Power of Customers Buyers require special customization (Toronto Condominiums) When customers require special customizations, they are less likely to switch to producers who have... Product is important to customer (Toronto Condominiums) When customers cherish particular products they end up paying more for that one product. This... Large number of customers (Toronto Condominiums) When there are large numbers of customers, no one customer tends to have bargaining leverage.... Threat of New Competitors High capital requirements (Toronto Condominiums) High capital requirements mean a company must spend a lot of money in order to compete in the... Industry requires economies of scale (Toronto Condominiums) Economies of scale help producers to lower their cost by producing the next unit of output at lower... Geographic factors limit competition (Toronto Condominiums) If existing competitors have the best geographical locations, new competitors will have a... High learning curve (Toronto Condominiums) When the learning curve is high, new competitors must spend time and money studying the market... Entry barriers are high (Toronto Condominiums) 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 toronto-condominiums'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 toronto-condominiums's most important five forces statements.