Question: Help me create narrative recommendation & strategic management based on this porter's five forces I created. - There is no need for massive capital requirements

Help me create narrative recommendation & strategic management based on this porter's five forces I created.

Help me create narrative recommendation & strategic management based on this porter's

- There is no need for massive capital requirements because a shake shop and supply can be started at a small level with a small takeaway shop at the corner of a street. - The technology is cormion, easy to access, and relatively inexpensive, making entry to the market reasonably easy. - New entrants often bring new innovative ideas and a new way of doing their business, and these new techniques otten put pressure on us. Also, they oiten reduce their prices and give new propositions to the customer that at some point might prove that they are better than us. Porter's Five Forces Model - Since there is a variety of suppliers to purchase supplies from, the bargaining power of suppliers is low. And we can keep this low by scouring online business-to- business marketplaces for the highest quality raw materials at the right pnce. - If one supplier increases their price, then we don't have to worry because we have other suppliers who also sell high- quality products and have fast delivery time. - We cannot function without the supply of raw materials, so we need to develop good long-ten'n relationships with our suppliers. - One of the uniqueness of our suppliers is that, aside from providing high-quality raw materials and having fast delivery time, they will also give us a discount since we will buy in bulk. Moreover, they also ensure to us the availability of their I roducts. - The competition is erce, resulting in driving down prices and reducing the industrYs total protability. - Switching is easy for customers because of low product differentiation. - Rivals are highly committed to the business. - Customers do have loyalty to our brand, but the loyalty is not enough, and the switching behavior of the customa's is high with low or no switching cost. - Buyers are often demanding a lot. - Buyers nowadays are price-sensitive, and they know that they have many choices when it comes to choosing shakes and snacks products where they can save more. And also, by searching online, they can instantly get access to offers from other shops. - The high availability of substitutes makes it easy for consumers to buy them instead of our products. For example, substitutes like coffee, juice, milk tea, smoothie, snacks, and other beverages are readily available from various ouliets, vending machines, supermarkets, small convenience stores, cafes, and other shops that sell different drinks and snacks. Also, many people can just make drinks and snacks at home. - The low switching costs further strengthen the threat of substitutes, as it is easy for consumers to buy substitutes instead of our products. - Many of these substitutes are affordable and cost less than our products

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