Like Inc. - Five Forces Analysis

Like Inc. - Five Forces Analysis

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Intensity of Existing Rivalry

Low storage costs (Like Inc.) When storage costs are low, competitors have a lower risk of having to unload their inventory all at...
Large industry size (Like Inc.) Large industries allow multiple firms and produces to prosper without having to steal market share...
Exit barriers are low (Like Inc.) When exit barriers are low, weak firms are more likely to leave the market, which will increase the...
Fast industry growth rate (Like Inc.) When industries are growing revenue quickly, they are less likely to compete, because the total...
Relatively few competitors (Like Inc.) Few competitors mean fewer firms are competing for the same customers and resources, which is a...

Bargaining Power of Suppliers

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

Threat of Substitutes

Substitute is lower quality (Like Inc.) A lower quality product means a customer is less likely to switch from Like Inc. to another product...
Substantial product differentiation (Like Inc.) When products and services are very different, customers are less likely to find comparable product...

Bargaining Power of Customers

Low buyer price sensitivity (Like Inc.) When buyers are less sensitive to prices, prices can increase and buyers will still buy the product....
Low dependency on distributors (Like Inc.) When produces have low dependence, distributors have less bargaining power. Low dependency...
Large number of customers (Like Inc.) When there are large numbers of customers, no one customer tends to have bargaining leverage....

Threat of New Competitors

Strong distribution network required (Like Inc.) 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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