PremiereTouch Dry Cleaning Valet - Five Forces Analysis

PremiereTouch Dry Cleaning Valet - Five Forces Analysis

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Intensity of Existing Rivalry

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

Bargaining Power of Suppliers

Inputs have little impact on costs (PremiereTouch Dry Cleaning Valet) When inputs are not a big component of costs, suppliers of those inputs have less bargaining power....
Low cost of switching suppliers (PremiereTouch Dry Cleaning Valet) The easier it is to switch suppliers, the less bargaining power they have. Low supplier switching...

Threat of Substitutes

Limited number of substitutes (PremiereTouch Dry Cleaning Valet) A limited number of substitutes mean that customers cannot easily find other products or services...

Bargaining Power of Customers

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

Threat of New Competitors

Industry requires economies of scale (PremiereTouch Dry Cleaning Valet) Economies of scale help producers to lower their cost by producing the next unit of output at lower...
Geographic factors limit competition (PremiereTouch Dry Cleaning Valet) If existing competitors have the best geographical locations, new competitors will have a...

What is Porter's Five Forces Analysis?

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