Joysun Group - Five Forces Analysis

Joysun Group - Five Forces Analysis

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Intensity of Existing Rivalry

Fast industry growth rate (Joysun Group) When industries are growing revenue quickly, they are less likely to compete, because the total...
Large industry size (Joysun Group) Large industries allow multiple firms and produces to prosper without having to steal market share...

Bargaining Power of Suppliers

High competition among suppliers (Joysun Group) High levels of competition among suppliers acts to reduce prices to producers. This is a positive...
Low cost of switching suppliers (Joysun Group) The easier it is to switch suppliers, the less bargaining power they have. Low supplier switching...

Threat of Substitutes

Limited number of substitutes (Joysun Group) A limited number of substitutes mean that customers cannot easily find other products or services...

Bargaining Power of Customers

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

Threat of New Competitors

Strong distribution network required (Joysun Group) Weak distribution networks mean goods are more expensive to move around and some goods don’t get to...
Strong brand names are important (Joysun Group) If strong brands are critical to compete, then new competitors will have to improve their brand...
Customers are loyal to existing brands (Joysun Group) It takes time and money to build a brand. When companies need to spend resources building a brand,...

What is Porter's Five Forces Analysis?

WikiWealth's Five Forces analysis evaluates the five factors that determine industry competition. Add your input to joysun-group'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 joysun-group's most important five forces statements.