A business can use the strategic group analysis map to enhance its Porter's Five Forces analysis by identifying the competitive landscape in a more detailed manner. The map can highlight the geographic coverage of competitors, their price and quality positioning, and other dimensions such as brand identity, distribution channels, and level of vertical integration. This information can provide valuable insights into the competitive forces and help the business to formulate effective strategies.
Do you feel trapped to outdo competitors? Better strategies can build a stronger defense against com...
Download template