https://padlet.com/gregorymarr/jvuyi5id04ff6pqp BMGT495 Spring 2023 en-us 2023-01-26 19:18:06 UTC 2023-02-06 18:12:06 UTC hello@padlet.com https://padlet.net/icons/png/1f92b.png gregorymarr https://padlet.com/gregorymarr/jvuyi5id04ff6pqp/wish/2458104978 Is it likely that a new company could disrupt their business?]]> 2023-01-26 19:20:00 UTC https://padlet.com/gregorymarr/jvuyi5id04ff6pqp/wish/2458104978 gregorymarr https://padlet.com/gregorymarr/jvuyi5id04ff6pqp/wish/2458106534 Can buyers of their product and/or service walk to another company that offers a similar product and/or service]]> 2023-01-26 19:20:59 UTC https://padlet.com/gregorymarr/jvuyi5id04ff6pqp/wish/2458106534 gregorymarr https://padlet.com/gregorymarr/jvuyi5id04ff6pqp/wish/2458107419 Is there another product and/or service that buyers can use that replaces this one?]]> 2023-01-26 19:21:41 UTC https://padlet.com/gregorymarr/jvuyi5id04ff6pqp/wish/2458107419 gregorymarr https://padlet.com/gregorymarr/jvuyi5id04ff6pqp/wish/2458109238 Rivalry among existing competitors? Are other competitors in the industry of equal or lesser might (size, resources, number of competitors).]]> 2023-01-26 19:23:04 UTC https://padlet.com/gregorymarr/jvuyi5id04ff6pqp/wish/2458109238 https://padlet.com/gregorymarr/jvuyi5id04ff6pqp/wish/2470370678 Threat(new entrant): yes, vape products could interrupt their sales.

Bargaining power: there are not a lot of other choices but there are a few. If consumers are willing to try cigarette alternatives there are lots of other choices.

Threat(substitute): yes

Bargaining power(suppliers): there are competitors suxh as altria, BTI, diageo and pepsico


]]> 2023-02-06 16:28:42 UTC https://padlet.com/gregorymarr/jvuyi5id04ff6pqp/wish/2470370678 https://padlet.com/gregorymarr/jvuyi5id04ff6pqp/wish/2470371433 The biggest threats to entrants are substitutes such as nicotine pouches and vaping alternatives. Even "safer" cigarettes like American spirits.]]> 2023-02-06 16:29:05 UTC https://padlet.com/gregorymarr/jvuyi5id04ff6pqp/wish/2470371433 https://padlet.com/gregorymarr/jvuyi5id04ff6pqp/wish/2470372857 Threat of New Entrants: Highly unlikely that an entrant would be able to take any significant market share from PMI in a developing country. Western markets already saturated.

Bargaining Power of Suppliers: Low, assuming that PMI has many suppliers which it can leverage.

Threat of Sub. Service: Vapes in some markets could disrupt cig. sales. PMI also makes e-cigs in some markets (NZ, AU)

Bargaining Power of Buyers: High, because PMI does not make a distinct products, only perceived value is perceived quality by the consumer. ]]> 2023-02-06 16:29:51 UTC https://padlet.com/gregorymarr/jvuyi5id04ff6pqp/wish/2470372857 https://padlet.com/gregorymarr/jvuyi5id04ff6pqp/wish/2470375869 Threat of new entrants- alcohol, vape, nicotine gums, hookah industries are all threats


Bargaining power of buyers- yes, there are multiple different tobacco brands 

threat of substitution- alcohol and vapes (elf bar)

bargaining power of suppliers- they have a huge control of the industry and over the population that smokes]]> 2023-02-06 16:31:43 UTC https://padlet.com/gregorymarr/jvuyi5id04ff6pqp/wish/2470375869 https://padlet.com/gregorymarr/jvuyi5id04ff6pqp/wish/2470378879 Threat (New): not likely bc of the market share of the entire industry
Bargaining (Buyer): yes, people can prefer different competitors even though there’s not much differences compared to other companies
Threat (Sub): not high
Bargaining (Supplier): farmers don’t have lots of power]]> 2023-02-06 16:33:21 UTC https://padlet.com/gregorymarr/jvuyi5id04ff6pqp/wish/2470378879 https://padlet.com/gregorymarr/jvuyi5id04ff6pqp/wish/2470402729 New entrant: Companies coming out with new vape/e-cigarrette products that appeal to other ages like younger people. There seems to be five main companies who make up 90% of the tobacco market.
Bargaining product/ buyers: Depending on the place you buy products, there are more brands available and someone might go with whatever is cheapest. 
Threat subsitution: Vapes and nicotine products are becoming alternatives for people who do not want the effects of tobacco. 
Bargaining power - suppliers: The main competitors are Altria Group, British American Tobacco and Reynolds American.  These companies seem to be pretty close to them. ]]> 2023-02-06 16:46:15 UTC https://padlet.com/gregorymarr/jvuyi5id04ff6pqp/wish/2470402729 https://padlet.com/gregorymarr/jvuyi5id04ff6pqp/wish/2470532590 Threat- new vaping companies 
Bargaining power buyers- Yes, there are different types of tobacco companies that offer similar products that customers can always substitute 
Threat substitute- Vaping pens, hookah
Bargaining power of suppliers- There is high competition between suppliers because they all offer the similar products


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