The Happiness Planner - Five Forces Analysis

The Happiness Planner - Five Forces Analysis

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Intensity of Existing Rivalry

Fast industry growth rate (The Happiness Planner) When industries are growing revenue quickly, they are less likely to compete, because the total...
Relatively few competitors (The Happiness Planner) Few competitors mean fewer firms are competing for the same customers and resources, which is a...
Exit barriers are low (The Happiness Planner) When exit barriers are low, weak firms are more likely to leave the market, which will increase the...

Bargaining Power of Suppliers

Low concentration of suppliers (The Happiness Planner) A low concentration of suppliers means there are many suppliers with limited bargaining power. Low...

Threat of Substitutes

Substitute has lower performance (The Happiness Planner) A lower performance product means a customer is less likely to switch from The Happiness Planner to...
Substitute is lower quality (The Happiness Planner) A lower quality product means a customer is less likely to switch from The Happiness Planner to...
Limited number of substitutes (The Happiness Planner) A limited number of substitutes mean that customers cannot easily find other products or services...

Bargaining Power of Customers

Product is important to customer (The Happiness Planner) When customers cherish particular products they end up paying more for that one product. This...
Low buyer price sensitivity (The Happiness Planner) When buyers are less sensitive to prices, prices can increase and buyers will still buy the product....
Low dependency on distributors (The Happiness Planner) When produces have low dependence, distributors have less bargaining power. Low dependency...

Threat of New Competitors

Strong distribution network required (The Happiness Planner) Weak distribution networks mean goods are more expensive to move around and some goods don’t get to...
Strong brand names are important (The Happiness Planner) If strong brands are critical to compete, then new competitors will have to improve their brand...
Geographic factors limit competition (The Happiness Planner) If existing competitors have the best geographical locations, new competitors will have a...
Customers are loyal to existing brands (The Happiness Planner) It takes time and money to build a brand. When companies need to spend resources building a brand,...
High learning curve (The Happiness Planner) 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 the-happiness-planner'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 the-happiness-planner's most important five forces statements.