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Competitive rivalry of the industry
- Sustainable competitive advantage through innovation
- Competition between online and offline companies
- Level of advertising strategy
- Flexibility through customization, volume and variety
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Bargaining Power of Customers
- Buyer concentration to firm concentration ratio
- Degree of dependency upon existing channels of distribution
- Bargaining leverage, particularly in industries with high fixed costs
- Buyer switching costs relative to firm switching costs
- Buyer information availability
- Availability of existing substitute products
- Buyer price sensitivity
- Different advantage (uniqueness) of industry products
- RFM Analysis
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Bargaining Power of Suppliers
- Supplier switching costs relative to firm switching costs
- Degree of differentiation of inputs
- Impact of inputs on cost or differentiation
- Presence of substitute inputs
- Strength of distribution channel
- Supplier concentration to firm concentration ratio
- Employee solidarity
- Supplier competition
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Threats of New Entrants
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Existence of barriers to entry
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Patents
- Viagra
- Rights
- Exclusive resource
- Economies of product differences
- Brand equity
- Switching costs/ sunk cost
- Capital requirements
- Access to distribution
- Customer loyalty to established brands
- Absolute cost
- Industry profitability
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Threats of Substitute Products
- Buyer propensity to substitute
- Relative price performance of substitute
- Buyer switch cost
- Perceived level of product differentiation
- Number of substitute products available in the market
- Ease of substitute
- Substandard product
- Quality depreciation