Analyze Your Market with Porter's Five Forces
Map the five competitive forces shaping your market so you can see where the real pressure comes from.
Prompt
Use Porter's Five Forces model to analyze [MY PRODUCT OR BUSINESS]. Examine each force: competitive rivalry, threat of new entrants, threat of substitutes, bargaining power of suppliers, and bargaining power of buyers. For each, tell me how strong it is and what it means for my strategy.
Fill in the brackets
[MY PRODUCT OR BUSINESS]The product, business, or market to analyze.
How to use this prompt
- Describe your product or market in the bracket.
- See which forces are strongest against you.
- Build your strategy around easing the strongest force.
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