Question: Do a Porter's 5 Forces analysis. John Sounds like a good idea. Here's some background research I gathered about our proposal and some information on
Do a Porter's Forces analysis.
John
Sounds like a good idea.
Here's some background research I
gathered about our proposal and some
information on the lighting industry in
general.
John
At this point, which force do you think
should be our biggest concern?
New Entrants
Suppliers
Rivalry
Buyers
Industry Bac
Industry Back
acts
Industry is projected to grow at
Lighting fixtures industry is roughly $
Manufacturing
Mostly smaller manufacturers
Few, if any, manufacturers have
Popular designs are rapidly copi
Patents offer ittle protection
Technology fo in ernetconne
Creating speciali ed productio
Distribution Channels
Many smaller manufacturers sei.
Some retailers offer their own priva
Large manufacturers sell directly
Individuals often compare prices
Suppliers
Primary materials are commodities
Most manufacturers use a wide varie
Each commodity has a large number
Startup Process I
An efficient factory can cost between
Outsourced manufacturing can reduce
The regulations are simple and straight
Marketing expenditures can be controll
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