2rigs - Five Forces Analysis

2rigs - Five Forces Analysis

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Intensity of Existing Rivalry

Fast industry growth rate (2rigs) When industries are growing revenue quickly, they are less likely to compete, because the total...
Relatively few competitors (2rigs) Few competitors mean fewer firms are competing for the same customers and resources, which is a...
Low storage costs (2rigs) When storage costs are low, competitors have a lower risk of having to unload their inventory all at...

Bargaining Power of Suppliers

SURETANK (2rigs) Please edit this page to add a description…
Volume is critical to suppliers (2rigs) When suppliers are reliant on high volumes, they have less bargaining power, because a producer can...
High competition among suppliers (2rigs) High levels of competition among suppliers acts to reduce prices to producers. This is a positive...
Wessington (2rigs) Please edit this page to add a description…
Critical production inputs are similar (2rigs) When critical production inputs are similar, it is easier to mix and match inputs, which reduces...

Threat of Substitutes

inoxeva (2rigs) Please edit this page to add a description…
chart (2rigs) Please edit this page to add a description…
Substitute is lower quality (2rigs) A lower quality product means a customer is less likely to switch from 2rigs to another product or...
Limited number of substitutes (2rigs) A limited number of substitutes mean that customers cannot easily find other products or services...

Bargaining Power of Customers

Large number of customers (2rigs) When there are large numbers of customers, no one customer tends to have bargaining leverage....
Low buyer price sensitivity (2rigs) When buyers are less sensitive to prices, prices can increase and buyers will still buy the product....
Product is important to customer (2rigs) When customers cherish particular products they end up paying more for that one product. This...

Threat of New Competitors

High capital requirements (2rigs) High capital requirements mean a company must spend a lot of money in order to compete in the...
Geographic factors limit competition (2rigs) If existing competitors have the best geographical locations, new competitors will have a...
Strong distribution network required (2rigs) Weak distribution networks mean goods are more expensive to move around and some goods don’t get to...

What is Porter's Five Forces Analysis?

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