Riversong Guitar - Five Forces Analysis

Riversong Guitar - Five Forces Analysis

Last Updated by wbot | Update This Page Now

Intensity of Existing Rivalry

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

Bargaining Power of Suppliers

High competition among suppliers (Riversong Guitar) High levels of competition among suppliers acts to reduce prices to producers. This is a positive...
Diverse distribution channel (Riversong Guitar) The more diverse distribution channels become the less bargaining power a single distributor will...
Inputs have little impact on costs (Riversong Guitar) When inputs are not a big component of costs, suppliers of those inputs have less bargaining power....
Low cost of switching suppliers (Riversong Guitar) The easier it is to switch suppliers, the less bargaining power they have. Low supplier switching...
Critical production inputs are similar (Riversong Guitar) When critical production inputs are similar, it is easier to mix and match inputs, which reduces...

Threat of Substitutes

Substitute has lower performance (Riversong Guitar) A lower performance product means a customer is less likely to switch from Riversong Guitar to...
Substitute product is inferior (Riversong Guitar) An inferior product means a customer is less likely to switch from Riversong Guitar to another...
Substantial product differentiation (Riversong Guitar) When products and services are very different, customers are less likely to find comparable product...
High cost of switching to substitutes (Riversong Guitar) Limited number of substitutes means that customers cannot easily switch to other products or...

Bargaining Power of Customers

Low buyer price sensitivity (Riversong Guitar) When buyers are less sensitive to prices, prices can increase and buyers will still buy the product....
Buyers require special customization (Riversong Guitar) When customers require special customizations, they are less likely to switch to producers who have...
Product is important to customer (Riversong Guitar) When customers cherish particular products they end up paying more for that one product. This...

Threat of New Competitors

Advanced technologies are required (Riversong Guitar) Advanced technologies make it difficult for new competitors to enter the market because they have to...
Strong brand names are important (Riversong Guitar) If strong brands are critical to compete, then new competitors will have to improve their brand...
Strong distribution network required (Riversong Guitar) Weak distribution networks mean goods are more expensive to move around and some goods don’t get to...
Patents limit new competition (Riversong Guitar) Patents that cover vital technologies make it difficult for new competitors, because the best...
Customers are loyal to existing brands (Riversong Guitar) It takes time and money to build a brand. When companies need to spend resources building a brand,...
High switching costs for customers (Riversong Guitar) High switching costs make it difficult for customers to change which products they normally...
High learning curve (Riversong Guitar) 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 riversong-guitar'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 riversong-guitar's most important five forces statements.