234 - Five Forces Analysis

234 - Five Forces Analysis

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Short description of Porter's Five Forces analysis for…

Intensity of Existing Rivalry

Fast industry growth rate (234) When industries are growing revenue quickly, they are less likely to compete, because the total...
Relatively few competitors (234) Few competitors mean fewer firms are competing for the same customers and resources, which is a...

Bargaining Power of Suppliers

Threat of Substitutes

Substitute has lower performance (234) A lower performance product means a customer is less likely to switch from 234 to another product or...
Substitute is lower quality (234) A lower quality product means a customer is less likely to switch from 234 to another product or...

Bargaining Power of Customers

Product is important to customer (234) When customers cherish particular products they end up paying more for that one product. This...
Large number of customers (234) When there are large numbers of customers, no one customer tends to have bargaining leverage....

Threat of New Competitors

Advanced technologies are required (234) Advanced technologies make it difficult for new competitors to enter the market because they have to...
High switching costs for customers (234) 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 234'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 234's most important five forces statements.