A low$-$cost provider strategy becomes increasingly appealing and competitively powerful

when

buyers incur high costs in switching their purchases from one seller$/$brand to another,

price competition among rivals sellers is vigorous, market demand for the product is

growing rapidly, many buyers are brand conscious, and buyer bargaining power is weak.

entry barriers are low, technology is changing rapidly, many buyers are price sensitive$,$

many buyers are brand conscious, and the products of rival sellers are strongly

differentiated.

the products of most industry members are strongly differentiated, suppliers have

significant bargaining power, entry barriers are high, and market demand for the product

is growing rapidly.

price competition among rival sellers is vigorous, the products of rival sellers are

essentially identical and supplies are readily available from many eager sellers, and buyers

incur low costs in switching their purchases from one seller to another.

competition revolves around rapidly evolving product features, low entry barriers prompt

industry newcomers to use low introductory prices to attract buyers, and buyer needs and

uses of the product are diverse.