Oct. 15: Industry Analysis: Complements and Co-opetition

Complements

Products/services that enhance each other's value.

Co-opetition

Collaboration between competing companies for mutual benefit.

Meta-Markets

Clusters of related products/services across industries.

Value Net

Framework analyzing interactions among industry players.

Operating Environment

Immediate context affecting a company's operations.

Industry Environment

Broader context including competitors and market forces.

Remote Environment

External factors impacting industry but not directly controllable.

Game Theory

Study of strategic interactions among rational decision-makers.

Win-Win

Outcome benefiting all parties involved in a transaction.

Lose-Lose

Outcome detrimental to all parties involved.

Win-Lose

Outcome benefiting one party at the expense of another.

Complementors

Entities that enhance the value of your product/service.

Substitutors

Products/services that can replace your offering.

Suppliers

Entities providing resources necessary for production.

Customers

End-users purchasing products/services from a company.

Competitors

Companies offering similar products/services in the market.

Entrants

New companies entering the market landscape.

Industry Associations

Groups representing collective interests of an industry.

Professional Associations

Organizations supporting professionals in specific fields.

Social Initiatives

Programs aimed at addressing societal issues through business.

Loyalty Programs

Incentives designed to retain customers over time.

Mind Map

Visual representation of concepts and their relationships.

Chicken and Egg Paradox

Challenge of establishing a market for complements.

Market Splitting

Dividing market share among competitors strategically.

Bundling

Combining products/services to enhance sales appeal.

Contract Length

Duration of agreements between parties in transactions.

Package Deal

Offering multiple products/services together at a discount.

Value Creation

Process of enhancing product/service worth to customers.