Broom - Preliminary - Five Forces Analysis

Broom - Preliminary - Five Forces Analysis

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Intensity of Existing Rivalry

Low storage costs (Broom - Preliminary) When storage costs are low, competitors have a lower risk of having to unload their inventory all at...
Large industry size (Broom - Preliminary) Large industries allow multiple firms and produces to prosper without having to steal market share...

Bargaining Power of Suppliers

Low concentration of suppliers (Broom - Preliminary) A low concentration of suppliers means there are many suppliers with limited bargaining power. Low...
Diverse distribution channel (Broom - Preliminary) The more diverse distribution channels become the less bargaining power a single distributor will...
Low cost of switching suppliers (Broom - Preliminary) The easier it is to switch suppliers, the less bargaining power they have. Low supplier switching...
Inputs have little impact on costs (Broom - Preliminary) When inputs are not a big component of costs, suppliers of those inputs have less bargaining power....

Threat of Substitutes

Bargaining Power of Customers

Product is important to customer (Broom - Preliminary) When customers cherish particular products they end up paying more for that one product. This...
Buyers require special customization (Broom - Preliminary) When customers require special customizations, they are less likely to switch to producers who have...
Large number of customers (Broom - Preliminary) When there are large numbers of customers, no one customer tends to have bargaining leverage....

Threat of New Competitors

Advanced technologies are required (Broom - Preliminary) Advanced technologies make it difficult for new competitors to enter the market because they have to...
Customers are loyal to existing brands (Broom - Preliminary) It takes time and money to build a brand. When companies need to spend resources building a brand,...
Entry barriers are high (Broom - Preliminary) 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 broom-preliminary'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 broom-preliminary's most important five forces statements.