1. Pepsi b. Threat of new entrant (low) 1. Financial barriers 2. Economy of scale 3. Brand identity 4. Distribution 5. Marketing b. Threat of substitute (high) 1. Pepsi/ other carbonated drinks 2. Coffee, Tea, Juice 3. Water b. Buyer power (low) 1. No price negotiation b. Supplier power (low) 1. +1,313 suppliers 2. Low switching cost