Back

Umesh Y

Hey I am on Medial • 1y

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

2 Replies
1
4
Replies (2)

More like this

Recommendations from Medial

Image Description
Image Description

Atharva Deshmukh

Daily Learnings... • 7m

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 More
7 Replies
4
11

Vishu Bheda

AI did the magic • 1y

Top 7 Business Frameworks for Success: 1. SWOT Analysis: Assess strengths, weaknesses, opportunities, and threats to strategize effectively. 2. PESTLE Analysis: Examine political, economic, social, technological, legal, and environmental factors im

See More
Reply
4

Comet

#freelancer • 2m

🤵 Business Development Idea Tips Identify a niche market that is currently underserved or overlooked. Develop a unique selling proposition that sets your business apart from competitors. ⚒ Build strong relationships with potential clients and partn

See More
Reply
1
4

Comet

#freelancer • 1m

🤵 Business Development Idea Tips ⚒ Identify a niche market that is currently underserved or overlooked. ⚒ Develop a unique selling proposition that sets your business apart from competitors. ⚒ Build strong relationships with potential clients and

See More
Reply
1
2

Saket Sambhav

 • 

ADJUVA LEGAL® • 4m

Learn & Earn (Part 3) 🧠: Is Your Market a Goldmine or Quicksand? Check Porter's 5 Forces! ⚔️ Welcome to Part 3 of our Learn & Earn series! Today, let's talk about understanding the real profit potential of your market before you invest too heavily.

See More
Reply
1
6
Image Description

SHIV DIXIT

CHAIRMAN - BITEX IND... • 10m

📖 DAILY BOOK SUMMARIES 📖 🔗 DIRECT FREE E-BOOK DOWNLOAD LINK AVAILABLE — https://drive.google.com/file/d/1AG_X1jRdbB7dJjxYG7scz4upS04WkuV7/view?usp=drivesdk 🔥 Understanding Michael Porter 🔥 🚀 20 Lessons 👉 ✨ By Joan Magretta ✨ 1. Michael

See More
1 Reply
18
18
Image Description
Image Description

SHIV DIXIT

CHAIRMAN - BITEX IND... • 11m

📖 DAILY BOOK SUMMARIES 📖 🚀 20 Lessons from 👉 🔥 Competitive Advantage 🔥 ✨ By Michael E. Porter ✨ 1. Definition: Competitive advantage is achieved when a company can create more value for its customers than its competitors. 2. Types of Co

See More
3 Replies
8
13
Image Description
Image Description

Vishnu kumaran

Design guide for you... • 6m

How to Succeed in a Competitive Market? Are you someone who has a great idea but worried about big giants in the market? Success is still within reach. Take Namma Yatri as an example. Launched in November 2022 in Bengaluru, Namma Yatri reshaped rid

See More
2 Replies
2
13
Image Description
Image Description

Sajin

Head of Marketing @P... • 6m

Decoding Secret Investor interactions!! 1) Investor: “Lets hop on a quick call to learn more about your company” Founder’s Translation: They want to look interested, but their real decision will happen later after 50 other calls 2) Investor: “Sen

See More
10 Replies
29
37
Image Description

Pulakit Bararia

Founder Snippetz Lab... • 1m

In 2005 indigo were the underdog with not a single plane in the skies. Now they control 52.7% of India's domestic market — more than the combined total of the next five airlines — and have been profitable for 10 consecutive years in one of the world'

See More
Reply
9
31
1

Download the medial app to read full posts, comements and news.