Competitive Analysis Canvas
The Competitive Analysis Canvas will help you analyze stakeholders, suppliers, substitute offers, competitors and new entrants.
According to Creatlr is a great tool to plot your competitors and stakeholders. It follow the Porter’s Five Forces model that, as Investopedia explains, identifies and analyzes five competitive forces that shape every industry and helps determine an industry’s weaknesses and strengths. It is frequently used to identify an industry’s structure to determine corporate strategy. This model can be applied to any segment of the economy to understand the level of competition within the industry and enhance a company’s long-term profitability
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