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Unfortunately, in the real world, no business exists in a vacuum. Even if you corner the market with your groundbreaking innovation, imitators will be close behind. But merely having competitors doesn’t make a thing awful. By finding your unique advantages over your competitors, you may utilize them to win loyal customers. That is what Porter’s Five Forces model facilitates. This article will explore Porter’s Five Forces with the Use of the model today. #StartUpBasics
Daily Learnings... • 5m
Porter's Five Forces Analysis Porter's five forces framework is a method of analyzing the competitive environment of a business. The five forces are: 1] Competition: Intensity of rivalry among existing competitors, influencing pricing, profitabil
See MoreWeb Developer || Vi... • 1y
Advice for jee student 👇 Only 5 hours of sleep in 24 hours and no time for physical activities? Five years down the line, you will realize that no exam was worth sacrificing your sleep, personal health, family time. You miss out on birthdays, weddi
See MoreStudent | Freelancer... • 1y
Open ai has launched new gpts and we can also add our own ai model if you are a premium. For free users you will get to give 5 prompts in five hours like that and this is giving better results than a regular chat gpt. Once test it to know more. Will
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Blinkit launched a franchise model for its dark store! I think it's a brilliant move to scale and build great distribution against competitors 1. The franchise model could work well as it is a huge capex to start a dark store and to make it profi
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