5 COMPETITIVE FORCES
We present to you Porter’s five forces analysis which is the ultimate tool for competition analysis which will place your business ahead of competition.
According to the model, the five forces that shape your industry competition are:
- Threat of new entrants
- Threat of substitutes
- Bargaining power of customers
- Bargaining power of suppliers
- Industry rivalry
The aim of this framework is to show the exact strategic position of a company according to the qualitative evaluation of each force.
Download the template here for free.