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Porter’s Five Forces of Competitive Position New Market Entrants, eg: • entry ease/barriers • geographical factors • incumbents resistance • new entrant strategy • routes to market Supplier Power, eg: Competitive Rivalry, eg: Buyer Power, eg: • brand reputation • number and size of firms • buyer choice • geographical coverage • industry size and trends • buyers size/number • product/service level quality • fixed v variable cost bases • change cost/frequency • relationships with customers • product/service ranges • product/service importance • bidding processes/capabilities • differentiation, strategy • volumes, JIT scheduling Product and Technology Development, eg: • alternatives price/quality • market distribution changes • fashion and trends • legislative effects © alan chapman 2005, based on Michael Porter's Five Forces of Competitive Position Model. Not to be sold or published. More free online training resources are at www.businessballs.com. Alan Chapman accepts no liability.
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