Porter's 5 Forces Template | Free Diagram Example | FigJam

A Porter's 5 forces diagram helps you understand where your brand fits into the market and how to differentiate yourself from competitors. It also clarifies ... ProductsFigmaAnall-in-onedesignplatformDesignPrototypingDesignsystemsDownloadsFigJamAnonlinewhiteboardforteamsOnlinewhiteboardingDesignprocessesTeammeetingsEnterpriseOverviewCustomersContactSalesPricingCommunityFilesandtemplatesFreeexpertlycraftedfilesyoucanduplicate,remix,andusePluginsandwidgetsExtendwhat’spossibleandautomateworkEventsandlivestreamsBestpracticesEducationprogramUsergroupsCompanyBlogCareersOurstoryHelpCenterEnglishFrançaisDeutsch日本語LoginStartdiagrammingStartdiagrammingTemplateshomeExploretemplatesUseCasesFigmafavoritesBrainstormingDiagrammingTeammeetingsResearchanddesignStrategicplanningRolesDesignEngineeringMarketingProductmanagementStrategyOperationsStartdiagrammingFigJamExplorethemarketlandscapewithourPorter’s5forcestemplateWhetherit’sbeenasmoothorchoppyridetowardyourproduct,service,company,oreventlaunch,FigJamtemplatesguideyouthroughthecurrentstopromisingopportunities.TryFigJamforfreePorter’s5forcestemplate  PrepareyourentirecrewforadventurewhenyoumapoutthecompetitionwithourPorter’s5forcesmodel example.StartdiagrammingSurveythesevenseasbeforeyournextprojectExplorethecompetitivelandscapeandlooktonewopportunitiesonthehorizonbeforeyoutakeachanceonyournextcollaboration.Stayaheadofthecompetition:Understandthepowerplayersinthemarketandstrategizewaystostandoutfrom the crowd.Findpromisingopportunities:Analyzethemarketandidentifycompanystrengthstofindopportunitiesto scale.Takecalculatedrisks:Listouttherisksforeachnewdirectionorprojectsoyoutakethepathswiththebest payoffs.GetstartedFigJamHarnessthepushandpullJoinforceswithyourcollaboratorsonyournextproject.DiscussnewideasandpushbackonexistingonesbyleavingLilNotes,summarizestatsataglancewithPieCharts,andcheeronyourfavoritestrategieswithourstampsandemotes.Giveandtakeonyournextgroupadventurewith FigJam.StartdiagrammingFollowthestarswithyourall-star team PointyourteamintherightdirectionwithourPorter’s5forcesdiagram.Then,adventureintothegreatbeyondwithtemplatesfromour Community.UserpersonaTakeadeepdiveintobuyers’ needs.ProductdevelopmentcanvasAddnewproductfeaturesinresponsetomarketinsights.OthertemplatesfromthecommunityGetthelayofthelandwithplentyofcustomizabletemplates.FAQsWhatisPorter's5forces?Porter’s5forcesanalyzethecompetitivelandscape,examiningthefiveprimaryelementsmotivatingyourindustryor market.Butmorespecifically,whydoweusePorter’s5forces?Ifyou’reaskingyourself,whatisPorter’s5forcesusedfor,justknowthatcompetitivestrategyisthenameofthegame.APorter’s5forcesdiagramhelpsyouunderstandwhereyourbrandfitsintothemarketandhowtodifferentiateyourselffromcompetitors.Italsoclarifiesyourrelationshipdynamicwithotherindustryplayers.HowdoIdoaPorter's5forcesanalysis?StartwithourPorter’s5forcesanalysistemplate,whichdividesthecanvasintofivesections—eachofthefivecriticalforces.FilltheboxesonyourPorter’s5forcesmodeltemplatewithbothquantitativeandqualitativeelements;for example:-Thesizeofthe industry-Thenumberofexistingcompetitors-Theuniquecharacteristicsofasupplier’sproducts-Thebarrierstoenteringacertain marketSowhenisPorter’s5forcesused?It’sahigh-leveldocumentdeterminingyouroverallbusinessstrategy,mosthelpfulwhenexploringnewbusinessdirectionsandpotentialopportunities.Porter'sFiveForcesmodelisusedtoevaluatecompetitionbasedonwhich5aspects?ThePorter’s5forcesdiagramtemplateshowshowyourcompanyrelatestootherplayersinthemarketaccordingtofivekey factors:-Threatofnewmarket entrants-Threatofsubstituteproductsand services-Intensityofindustryrivalry-Bargainingpowerof buyers-Bargainingpowerof suppliersSowhatisPorter’s5forcesanalysisexamplelike?ThePorter’s5forcesmodelexampleelaboratesoneachsectionwithsignificantdetails.Thesectiononsubstituteproducts,forinstance,mayincludethenumberofavailableproducts,thecostofswitchingproviders,theviabilityofsaidproducts,and more.GetstartedwithtemplatesDesignsprintsBrainstormsTeammeetingsDiagrammingPlayMoodboardsDesignsprintsBrainstormsTeammeetingsDiagrammingPlayMoodboardsDesignsprintsCrazy8'sGetFigJamtemplateExplore1,000+templatesontheFigmacommunityExploreevenmoretemplates,widgets,andplugins—allbuiltbytheFigmacommunity.Seemore