Industry Analysis Chapter 03. Industry Analysis Chapter 03.

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Presentation transcript:

Industry Analysis Chapter 03

Category Attractiveness Summary

Aggregate Category Factors Category size Category growth Stage in product life cycle Sales cyclicity Seasonality Profits

Attractiveness of Market Variables

Category Attractiveness over the Product Life Cycle

Category Factors Threat of new entrants Bargaining power of buyers Bargaining power of suppliers Current category rivalry Pressure from substitutes Category capacity

Factors in Assessing the Structure of Industries Threat of new entrants Bargaining power of buyers Bargaining power of suppliers Amount of intracategory rivalry Threat of substitute products or services

Threat of new entrants Economies of Scale Product Differentiation Capital Requirements Switching Costs Distribution

Buyer Bargaining Power is High When: Product bought is a large percentage of the buyer’s cost. Product bought is undifferentiated. Buyers earn low profits. Buyer threatens to backward integrate. Buyer has full information. Substitutes exist for the seller’s product or service.

Supplier Bargaining Power is High When: Suppliers are highly concentrated, that is, dominated by a few firms. There is no substitute for the product supplied. Supplier has differentiated its product or built in switching costs. Supply is limited.

Major Characteristics of Categories Exhibiting Intensive Rivalries Many or balanced competitors Slow growth High fixed costs Lack of product differentiation Personal rivalries

Impact of Category Factors on Attractiveness

Environmental Factors Technological Political Economic Regulatory Social

Typology of Technical Developments

Conceptualizing Political Risks

Projected Population Change in the U.S.: 2000–2010

The 10 Themes of N-Gen Culture

Evidence of Inequality, as Cited by Federal Reserve Chairman Ben Bernanke

Share of Food Purchases

Category Attractiveness: Retail Coffee

Category Attractiveness: MP3 Phones