Samsonite,luggage bags - Five Forces Analysis

Samsonite,luggage bags - Five Forces Analysis

Last Updated by wbot | Update This Page Now

Intensity of Existing Rivalry

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

Bargaining Power of Suppliers

High competition among suppliers (Samsonite,luggage bags) High levels of competition among suppliers acts to reduce prices to producers. This is a positive...
Large number of substitute inputs (Samsonite,luggage bags) When there are a large number of substitute inputs, suppliers have less bargaining leverage over...
Low concentration of suppliers (Samsonite,luggage bags) A low concentration of suppliers means there are many suppliers with limited bargaining power. Low...
Diverse distribution channel (Samsonite,luggage bags) The more diverse distribution channels become the less bargaining power a single distributor will...
Critical production inputs are similar (Samsonite,luggage bags) When critical production inputs are similar, it is easier to mix and match inputs, which reduces...
Low cost of switching suppliers (Samsonite,luggage bags) The easier it is to switch suppliers, the less bargaining power they have. Low supplier switching...
Volume is critical to suppliers (Samsonite,luggage bags) When suppliers are reliant on high volumes, they have less bargaining power, because a producer can...
Inputs have little impact on costs (Samsonite,luggage bags) When inputs are not a big component of costs, suppliers of those inputs have less bargaining power....

Threat of Substitutes

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

Bargaining Power of Customers

Buyers require special customization (Samsonite,luggage bags) When customers require special customizations, they are less likely to switch to producers who have...
Low buyer price sensitivity (Samsonite,luggage bags) When buyers are less sensitive to prices, prices can increase and buyers will still buy the product....
Limited buyer information availability (Samsonite,luggage bags) When buyers have limited information, they are at a disadvantage in negotiations with sellers....
Low dependency on distributors (Samsonite,luggage bags) When produces have low dependence, distributors have less bargaining power. Low dependency...
Product is important to customer (Samsonite,luggage bags) When customers cherish particular products they end up paying more for that one product. This...
Large number of customers (Samsonite,luggage bags) When there are large numbers of customers, no one customer tends to have bargaining leverage....
Limited buyer choice (Samsonite,luggage bags) When customers have limited choices they end up paying more for the choices that are available....

Threat of New Competitors

Strong distribution network required (Samsonite,luggage bags) Weak distribution networks mean goods are more expensive to move around and some goods don’t get to...
High capital requirements (Samsonite,luggage bags) High capital requirements mean a company must spend a lot of money in order to compete in the...
High sunk costs limit competition (Samsonite,luggage bags) High sunk costs make it difficult for a competitor to enter a new market, because they have to...
Strong brand names are important (Samsonite,luggage bags) If strong brands are critical to compete, then new competitors will have to improve their brand...
Advanced technologies are required (Samsonite,luggage bags) Advanced technologies make it difficult for new competitors to enter the market because they have to...
Industry requires economies of scale (Samsonite,luggage bags) Economies of scale help producers to lower their cost by producing the next unit of output at lower...
Patents limit new competition (Samsonite,luggage bags) Patents that cover vital technologies make it difficult for new competitors, because the best...
Geographic factors limit competition (Samsonite,luggage bags) If existing competitors have the best geographical locations, new competitors will have a...
Customers are loyal to existing brands (Samsonite,luggage bags) It takes time and money to build a brand. When companies need to spend resources building a brand,...
High switching costs for customers (Samsonite,luggage bags) High switching costs make it difficult for customers to change which products they normally...
High learning curve (Samsonite,luggage bags) When the learning curve is high, new competitors must spend time and money studying the market...
Entry barriers are high (Samsonite,luggage bags) When barriers are high, it is more difficult for new competitors to enter the market. High entry...

What is Porter's Five Forces Analysis?

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