Thickness gages - Five Forces Analysis

Thickness gages - Five Forces Analysis

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Intensity of Existing Rivalry

Relatively few competitors (Thickness gages) Few competitors mean fewer firms are competing for the same customers and resources, which is a...
Large industry size (Thickness gages) Large industries allow multiple firms and produces to prosper without having to steal market share...
Fast industry growth rate (Thickness gages) When industries are growing revenue quickly, they are less likely to compete, because the total...

Bargaining Power of Suppliers

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

Threat of Substitutes

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

Bargaining Power of Customers

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

Threat of New Competitors

Strong distribution network required (Thickness gages) Weak distribution networks mean goods are more expensive to move around and some goods don’t get to...
Advanced technologies are required (Thickness gages) Advanced technologies make it difficult for new competitors to enter the market because they have to...
Patents limit new competition (Thickness gages) Patents that cover vital technologies make it difficult for new competitors, because the best...

What is Porter's Five Forces Analysis?

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