The Pocket Vault - Five Forces Analysis

The Pocket Vault - Five Forces Analysis

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Short description of Porter's Five Forces analysis for…

Intensity of Existing Rivalry

Government limits competition (The Pocket Vault) Government policies and regulations can dictate the level of competition within the industry. When...
Relatively few competitors (The Pocket Vault) Few competitors mean fewer firms are competing for the same customers and resources, which is a...
Exit barriers are low (The Pocket Vault) When exit barriers are low, weak firms are more likely to leave the market, which will increase the...

Bargaining Power of Suppliers

High competition among suppliers (The Pocket Vault) High levels of competition among suppliers acts to reduce prices to producers. This is a positive...
Critical production inputs are similar (The Pocket Vault) When critical production inputs are similar, it is easier to mix and match inputs, which reduces...
Diverse distribution channel (The Pocket Vault) The more diverse distribution channels become the less bargaining power a single distributor will...

Threat of Substitutes

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

Bargaining Power of Customers

Buyers require special customization (The Pocket Vault) When customers require special customizations, they are less likely to switch to producers who have...
Product is important to customer (The Pocket Vault) When customers cherish particular products they end up paying more for that one product. This...
Limited buyer choice (The Pocket Vault) When customers have limited choices they end up paying more for the choices that are available....

Threat of New Competitors

Strong brand names are important (The Pocket Vault) If strong brands are critical to compete, then new competitors will have to improve their brand...
Advanced technologies are required (The Pocket Vault) Advanced technologies make it difficult for new competitors to enter the market because they have to...
Customers are loyal to existing brands (The Pocket Vault) 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 the-pocket-vault'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-pocket-vault's most important five forces statements.