Porter's Five Forces and Why You Shouldn't Be an Influencer / KOL (220)

This week’s podcast is about Ruhnn Holding, KOLs / Influencers and Michael Porter's Five Forces.

You can listen to this podcast here, which has the slides and graphics mentioned. Also available at iTunes and Google Podcasts.

Here is the link to the TechMoat Consulting.

Here is the link to the Tech Tour.

Here are some factors to consider when assessing the bargaining power of buyers.

• Concentration of buyers: 
• Purchase size: 
• Differentiation of products or services: 
• Switching costs
• Price sensitivity: 
• Informed buyers: 

Here are some factors to consider when assessing competitive rivalry.

• Number of competitors: 
• Industry growth rate: 
• Fixed costs: 
• Exit barriers: 
• Undifferentiated products / services: 

Here are some factors to consider for New Entrants.

• Economies of scale:
• Product differentiation: 
• Capital requirements: 
• Access to distribution channels. 
• Government regulations: 
• Switching costs: 

Here are some factors to consider for assessing the Threat of Substitutes.

• Availability of substitutes
• Availability of close substitutes (i.e., “the sense that products are similar”): 
• Relative price performance: 
• Customer willingness to go elsewhere: 

Here are some factors to consider for Supplier Power.

• The number and concentration of suppliers: 
• Uniqueness and differentiation: 
• Switching costs: 
• Forward integration: 
• Industry importance: 

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I write, speak and consult about how to win (and not lose) in digital strategy and transformation.

I am the founder of TechMoat Consulting, a boutique consulting firm that helps retailers, brands, and technology companies exploit digital change to grow faster, innovate better and build digital moats. Get in touch here.

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