Mine - Five Forces Analysis

Mine - Five Forces Analysis

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Intensity of Existing Rivalry

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

Bargaining Power of Suppliers

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

Threat of Substitutes

Substitute is lower quality (Mine) A lower quality product means a customer is less likely to switch from Mine to another product or...
Substitute product is inferior (Mine) An inferior product means a customer is less likely to switch from Mine to another product or...

Bargaining Power of Customers

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

Threat of New Competitors

Advanced technologies are required (Mine) Advanced technologies make it difficult for new competitors to enter the market because they have to...
High learning curve (Mine) When the learning curve is high, new competitors must spend time and money studying the market...

What is Porter's Five Forces Analysis?

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