00:01
So the question asks us the porter's five forces analysis of instant products, herbal medicines, beauty, products, and organic products.
00:09
So let's first talk about the competitive rivalry, which is very high, where these brands compete in the same category, so there's intense competition.
00:22
This is because these items have similar ingredients and have comparable prices.
00:33
The next analysis point is the threat of new entrance, which is usually moderate to high.
00:40
And this is because small startups can enter easily, especially in the herbal and beauty markets.
00:47
There's also a growing demand for natural and organic trends, which attract many new entrants.
00:58
However, certifications and regulations can slightly raise entry barriers.
01:05
Next, we can talk about the bargaining power of suppliers, which is moderate.
01:11
And this is because common major ingredients, like aloe vera, green tea, turmeric, and essential oils are, again, common...