Witttt - Five Forces Analysis

Witttt - Five Forces Analysis

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Intensity of Existing Rivalry

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

Bargaining Power of Suppliers

Volume is critical to suppliers (Witttt) When suppliers are reliant on high volumes, they have less bargaining power, because a producer can...

Threat of Substitutes

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

Bargaining Power of Customers

Large number of customers (Witttt) When there are large numbers of customers, no one customer tends to have bargaining leverage....
Buyers require special customization (Witttt) When customers require special customizations, they are less likely to switch to producers who have...

Threat of New Competitors

Patents limit new competition (Witttt) Patents that cover vital technologies make it difficult for new competitors, because the best...
Customers are loyal to existing brands (Witttt) It takes time and money to build a brand. When companies need to spend resources building a brand,...
High switching costs for customers (Witttt) High switching costs make it difficult for customers to change which products they normally...

What is Porter's Five Forces Analysis?

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