Porters 5 Forces

Rivalry/Competition in the industry

There always other events going on at the library and some events are targeted to young adults or teens. Therefore, my solution should help Makespacer stand out from the rest and appeal to the right crowd.

 

Threat of new entrants into the industry

Other events might have a website or a social media present. Therefore, my solution must include value proposition and how to appeal to the target audience.

Power of suppliers

All of the events that are hosted by library were accepted by Library Trustees and have say how these events are promoted. It is good idea to think the city taxpayers because they minaly fund the Library

Power of students and volunteers

The people who are mainly involved with the program are Students Volunteers.  Volunteers run the program and setup the actives. The students do activities that relate to specific topics.

 

Threats of substitute products

Low funding for the program, a small number of students, lack of advertisement, and can be affected by Library Trustees.  There are no outside competitions that could harm Makerspace.