What is Buyer power?

Gyaan Raja

Rajesh Nimbunkar
Hi Guys i am looking for Introduction on Buyer power. If anyone have copy of Buyer power with some information kindly share with me.
 
Hi Guys i am looking for Introduction on Buyer power. If anyone have copy of Buyer power with some information kindly share with me.

This is the degree of pressure which buyers have over companies in terms of price, discounts, delivery times, quality levels and penalties for poor quality. Buyer power will vary by market, segment, distribution channel and customer. It will also vary according to whether it is a primary supply or a secondary supply (e.g. spares – in the latter case buyer power is usually lower) (Porter 1980).
 
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