HomeSavvy - Five Forces Analysis

HomeSavvy - Five Forces Analysis

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Intensity of Existing Rivalry

Fast industry growth rate (HomeSavvy) When industries are growing revenue quickly, they are less likely to compete, because the total...
Relatively few competitors (HomeSavvy) Few competitors mean fewer firms are competing for the same customers and resources, which is a...
Few competitors with large presence (HomeSavvy) Please edit this page to add a description…

Bargaining Power of Suppliers

High competition among suppliers (HomeSavvy) High levels of competition among suppliers acts to reduce prices to producers. This is a positive...
Large number of substitute inputs (HomeSavvy) When there are a large number of substitute inputs, suppliers have less bargaining leverage over...
Critical production inputs are similar (HomeSavvy) When critical production inputs are similar, it is easier to mix and match inputs, which reduces...
Low cost of switching suppliers (HomeSavvy) The easier it is to switch suppliers, the less bargaining power they have. Low supplier switching...
Volume is critical to suppliers (HomeSavvy) When suppliers are reliant on high volumes, they have less bargaining power, because a producer can...

Threat of Substitutes

Substitutes lack community element (HomeSavvy) Please edit this page to add a description…
High cost of switching to substitutes (HomeSavvy) Limited number of substitutes means that customers cannot easily switch to other products or...
Limited number of substitutes (HomeSavvy) A limited number of substitutes mean that customers cannot easily find other products or services...

Bargaining Power of Customers

Buyers require special customization (HomeSavvy) When customers require special customizations, they are less likely to switch to producers who have...
Large number of customers (HomeSavvy) When there are large numbers of customers, no one customer tends to have bargaining leverage....
Limited buyer choice (HomeSavvy) When customers have limited choices they end up paying more for the choices that are available....

Threat of New Competitors

Strong distribution network required (HomeSavvy) Weak distribution networks mean goods are more expensive to move around and some goods don’t get to...
Advanced technologies are required (HomeSavvy) Advanced technologies make it difficult for new competitors to enter the market because they have to...
High sunk costs limit competition (HomeSavvy) High sunk costs make it difficult for a competitor to enter a new market, because they have to...
Industry requires economies of scale (HomeSavvy) Economies of scale help producers to lower their cost by producing the next unit of output at lower...
Entry barriers are high (HomeSavvy) 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 homesavvy'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 homesavvy's most important five forces statements.