Porter's Five Forces Analysis
The Porter's Five Forces Analysis is one of the different methods you can use for competitive analysis. The Porter's Five Forces Analysis is very similar to the PEST Analysis as well as to the SWOT Analysis.
The Porter's Five Forces Analysis is based on the analysis of 5 different factors:
- The bargaining power of the customers
- The bargaining power of the suppliers
- The threat of new entrants in your industry
- The threat of replacing products
- The competitive rivalry.
The Porter's Five Forces Analysis is based on the analysis of 5 different factors:
- The bargaining power of the customers
- The bargaining power of the suppliers
- The threat of new entrants in your industry
- The threat of replacing products
- The competitive rivalry.