barriers to entry

Definition

Economic, procedural, regulatory, or technological factors that obstruct or restrict entry of new firms into an industry or market. Such barriers may take the form of (1) clear product differentiation, necessitating heavy advertising expenditure to introduce new products, (2) economies of scale, necessitating heavy investment in large plants to achieve competitive pricing, (3) restricted access to distribution channels, (4) collusion on pricing and other restrictive trade practices (such as full-line forcing) by the producers or suppliers, (5) well established brands, or (6) fierce competition. Barriers to exit, paradoxically, also serve as barriers to entry because they make it difficult to cut one's losses and run. Also called barriers to competition, entry barriers, or market entry barriers.

Use 'barriers to entry' in a Sentence

I didn't realize that there were so many barriers to entry in the country and I had to wait a few hours before I could go in.

Sometimes you may have to work hard to get past any barriers to entry that are keeping you from where you need to go.

You will sometimes have to work your way past some barriers to entry if you really need to get where you want to go.

单词	barriers to entry
释义	barriers to entry Definition Economic, procedural, regulatory, or technological factors that obstruct or restrict entry of new firms into an industry or market. Such barriers may take the form of (1) clear product differentiation, necessitating heavy advertising expenditure to introduce new products, (2) economies of scale, necessitating heavy investment in large plants to achieve competitive pricing, (3) restricted access to distribution channels, (4) collusion on pricing and other restrictive trade practices (such as full-line forcing) by the producers or suppliers, (5) well established brands, or (6) fierce competition. Barriers to exit, paradoxically, also serve as barriers to entry because they make it difficult to cut one's losses and run. Also called barriers to competition, entry barriers, or market entry barriers. Use 'barriers to entry' in a Sentence I didn't realize that there were so many barriers to entry in the country and I had to wait a few hours before I could go in. Sometimes you may have to work hard to get past any barriers to entry that are keeping you from where you need to go. You will sometimes have to work your way past some barriers to entry if you really need to get where you want to go.
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