Sigma Office Furniture - Five Forces Analysis

Sigma Office Furniture - Five Forces Analysis

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Intensity of Existing Rivalry

Relatively few competitors (Sigma Office Furniture) Few competitors mean fewer firms are competing for the same customers and resources, which is a...

Bargaining Power of Suppliers

Low cost of switching suppliers (Sigma Office Furniture) The easier it is to switch suppliers, the less bargaining power they have. Low supplier switching...
Low concentration of suppliers (Sigma Office Furniture) A low concentration of suppliers means there are many suppliers with limited bargaining power. Low...

Threat of Substitutes

Substitute has lower performance (Sigma Office Furniture) A lower performance product means a customer is less likely to switch from Sigma Office Furniture to...
Substitute is lower quality (Sigma Office Furniture) A lower quality product means a customer is less likely to switch from Sigma Office Furniture to...
Substitute product is inferior (Sigma Office Furniture) An inferior product means a customer is less likely to switch from Sigma Office Furniture to another...

Bargaining Power of Customers

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

Threat of New Competitors

Strong distribution network required (Sigma Office Furniture) Weak distribution networks mean goods are more expensive to move around and some goods don’t get to...
Strong brand names are important (Sigma Office Furniture) If strong brands are critical to compete, then new competitors will have to improve their brand...
Customers are loyal to existing brands (Sigma Office Furniture) It takes time and money to build a brand. When companies need to spend resources building a brand,...

What is Porter's Five Forces Analysis?

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