StyleMe - Five Forces Analysis

StyleMe - Five Forces Analysis

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Intensity of Existing Rivalry

Fast industry growth rate (StyleMe) When industries are growing revenue quickly, they are less likely to compete, because the total...
Relatively few competitors (StyleMe) Few competitors mean fewer firms are competing for the same customers and resources, which is a...

Bargaining Power of Suppliers

Large number of substitute inputs (StyleMe) When there are a large number of substitute inputs, suppliers have less bargaining leverage over...
High competition among suppliers (StyleMe) High levels of competition among suppliers acts to reduce prices to producers. This is a positive...
Low concentration of suppliers (StyleMe) A low concentration of suppliers means there are many suppliers with limited bargaining power. Low...
Low cost of switching suppliers (StyleMe) The easier it is to switch suppliers, the less bargaining power they have. Low supplier switching...

Threat of Substitutes

Limited number of substitutes (StyleMe) A limited number of substitutes mean that customers cannot easily find other products or services...

Bargaining Power of Customers

Buyers require special customization (StyleMe) When customers require special customizations, they are less likely to switch to producers who have...
Low dependency on distributors (StyleMe) When produces have low dependence, distributors have less bargaining power. Low dependency...
Large number of customers (StyleMe) When there are large numbers of customers, no one customer tends to have bargaining leverage....
Product is important to customer (StyleMe) When customers cherish particular products they end up paying more for that one product. This...

Threat of New Competitors

Strong brand names are important (StyleMe) If strong brands are critical to compete, then new competitors will have to improve their brand...
Advanced technologies are required (StyleMe) Advanced technologies make it difficult for new competitors to enter the market because they have to...
Geographic factors limit competition (StyleMe) If existing competitors have the best geographical locations, new competitors will have a...
Customers are loyal to existing brands (StyleMe) 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 styleme'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 styleme's most important five forces statements.