Whether buyer bargaining power poses a strong or weak source of competitive pressure on industry members depends in part on

whether the overall quality of the products$/$services of industry members is rising or falling

whether the profit margins of sellers are relatively high or low.

whether buyer demand is local, regional, national, or global.

whether entry barriers are high or low and the pool of likely entry candidates is big or small.

the price sensitivity of buyers, whether buyer switching costs are high or low, and how well$-$informed buyers are about the product offerings of industry members.