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논문검색

Culture Convergence (CC)

A study on analysis of 7-Eleven's competition structure and competitiveness using Porter's 5 Force model

원문정보

초록

영어

Objective: The purpose of this study is to examine the competitive environment of 7-Eleven using Porter's 5 Force model to analyze the specific competitiveness of 7-Eleven that has maintained continuous growth as a competitive company. Methods: This study is a case study of 7-Eleven. Results: As a result of the analysis, 7-Eleven has reinforced its competitiveness with existing competitors by raising entry barriers by expanding domestic stores and developing overseas convenience store business, focusing on North America, based on economy of scale. In addition, 7-Eleven seeks to differentiate itself from other convenience stores by developing a “private brand” and strengthens its bargaining power with suppliers through the development of new products by gathering information and know-how of experts in product development based on customer needs. The bargaining power with customers has been strengthened by building loyalty and trust in the brand by allowing consumers to purchase the same products at the same price no matter which store they visit. As a threat to potential competitors, 7-Eleven has secured a competition advantage by raising the barrier to entry by concentrating stores in specific areas through a dominant franchise development strategy and increasing awareness of 7-Eleven among consumers. In the case of threats from substitute products, it was confirmed that 7-Eleven has overcome the threat from substitute products by opening 24 hours a day and providing various services such as ATMs and copiers.

목차

Abstract
1. INTRODUCTION
2. LITERATURE REVIEW
2.1 7-Eleven's management policy and its characteristics
2.2 7-Eleven's CVS system development
3. ANALYSIS ON THE COMPETITION STRUCTURE OF THE CVS INDUSTRY AND 7-ELEVEN'S COMPETITION ADVANTAGE STRATEGY USING PORTER'S MODEL
3.1 Analysis on the competition structure of the Japanese CVS industry using Porter's model
3.2 7-Eleven’s competition structure and strategy using Porter’s model
4. DISCUSSION
5. CONCLUSION
ACKNOWLEDGEMENT
REFERENCES

저자정보

  • Kwang-Keun LEE Professor, Department of Social Welfare, Kyungdong University, Korea

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