{"product_id":"colesgroup-five-forces-analysis","title":"Coles Group Porter's Five Forces Analysis","description":"\u003cdiv class=\"pr-shrt-dscr-wrapper orange\"\u003e\n\u003csection class=\"pr-shrt-dscr-box\"\u003e\n\u003cdiv class=\"pr-shrt-dscr-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Magnifier-Icon.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eA Must-Have Tool for Decision-Makers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"pr-shrt-dscr-content\"\u003e\n\u003cp\u003eColes Group faces intense rivalry from Woolworths and discount chains, moderate supplier power amid large grocery suppliers, growing buyer price sensitivity, and low threat from new entrants due to high scale barriers; substitutes like online meal services pose rising pressure.\u003c\/p\u003e\n\u003cp\u003eThis brief snapshot only scratches the surface. Unlock the full Porter's Five Forces Analysis to explore Coles Group’s competitive dynamics, market pressures, and strategic advantages in detail.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eS\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003euppliers Bargaining Power\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper green\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Suppliers-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDominance of Global Consumer Goods Giants\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eColes depends heavily on multinationals like Nestle, Unilever and Procter \u0026amp; Gamble for must-have household brands, giving these suppliers strong leverage because delisting risks losing foot traffic. By end-2025 those groups sustained pricing power despite inflation, with global CPG price increases averaging about 7–9% in 2023–25, shifting negotiations toward volume rebates and promotional funding rather than lower unit prices. This forces Coles to accept tighter margins or demand higher purchase volumes to secure net pricing, concentrating supplier power in core categories.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Suppliers-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eFragmentation of Primary Producers and Farmers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eLocal fresh-produce and meat suppliers to Coles are highly fragmented; Australian Bureau of Agricultural and Resource Economics data show \u0026gt;85% of farms have \u0026lt;100 ha, limiting scale and bargaining clout compared with global brands.\u003c\/p\u003e\n\u003cp\u003eColes used its A$39.7bn FY2024 buying power to impose strict quality specs and tight delivery windows, increasing compliance costs for small growers.\u003c\/p\u003e\n\u003cp\u003eMany farmers lack direct national channels: fewer than 10% of small producers supply multiple supermarket chains, so Coles retains dominant leverage.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Suppliers-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Suppliers-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eExpansion of Private Label Portfolios\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eColes has increased private-label investment, with own-brand sales rising to about 18% of total grocery revenue by FY2024, cutting reliance on external suppliers and lowering procurement costs.\u003c\/p\u003e\n\u003cp\u003eHigher-quality private labels let Coles avoid brand premiums and capture fatter margins—private-label gross margins were reportedly 3–4 percentage points above national brands in 2024.\u003c\/p\u003e\n\u003cp\u003eThis shift gives Coles a credible threat to delist or replace underperforming or high-cost third-party brands, improving leverage over supplier pricing and contract terms.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Suppliers-Box-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRegulatory Oversight and Grocery Code of Conduct\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eThe Australian government and the ACCC have stepped up oversight, enforcing an enhanced Grocery Code of Conduct by late 2025 that curbs unfair contract changes and late payments; ACCC reports show grocery-sector disputes fell 18% in 2024–25.\u003c\/p\u003e\n\u003cp\u003eThese rules reduce Coles Group’s unilateral leverage over suppliers but lower supplier exit risk and help stabilize inputs: 60% of Coles’ fresh-produce sourcing is from domestic SMEs, so supplier viability preserves shelf continuity and margins.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eACCC enforcement up; disputes −18% (2024–25)\u003c\/li\u003e\n\u003cli\u003eEnhanced code in force by late 2025\u003c\/li\u003e\n\u003cli\u003e60% of Coles fresh produce from domestic SMEs\u003c\/li\u003e\n\u003cli\u003eLimits unilateral contract changes; stabilizes supply chain\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Suppliers-Box-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTechnological Integration and Automated Distribution\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eColes’ automated distribution centers, fully operational by FY2024, cut third-party warehousing spend and shifted bargaining power toward Coles by centralizing intake and increasing supplier performance demands.\u003c\/p\u003e\n\u003cp\u003eThis infrastructure lets Coles push for faster lead times and lower inbound costs—Coles reported a 12% logistics cost per case reduction in 2024—tightening control over suppliers across the inbound value chain.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eAutomated centers operational FY2024\u003c\/li\u003e\n\u003cli\u003e12% logistics cost per case reduction (2024)\u003c\/li\u003e\n\u003cli\u003eReduced reliance on third-party warehousing\u003c\/li\u003e\n\u003cli\u003eStronger leverage to demand supplier efficiency\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Suppliers-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eColes narrows supplier power gap as global CPGs push 7–9% prices\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eSupplier power is mixed: global CPGs (Nestle, Unilever, P\u0026amp;G) keep strong leverage with 7–9% price rises (2023–25), while Coles’ A$39.7bn buying scale, 18% private-label share (FY2024) and automation (12% logistics cost\/case drop, 2024) shift power back; ACCC Grocery Code (late 2025) caps unilateral terms, and 60% of fresh produce from SMEs limits supplier exit risk.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eColes FY2024 buying power\u003c\/td\u003e\n\u003ctd\u003eA$39.7bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePrivate-label share FY2024\u003c\/td\u003e\n\u003ctd\u003e18%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCPG price rise (2023–25)\u003c\/td\u003e\n\u003ctd\u003e7–9%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eLogistics cost\/case reduction 2024\u003c\/td\u003e\n\u003ctd\u003e12%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFresh produce domestic share\u003c\/td\u003e\n\u003ctd\u003e60%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-includes\"\u003e\n\u003ch2\u003eWhat is included in the product\u003c\/h2\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Word-Icon.svg\" alt=\"Word Icon\"\u003e\n\u003cstrong\u003eDetailed Word Document\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eTailored Porter’s Five Forces analysis of Coles Group highlighting competitive rivalry, buyer and supplier power, threat of new entrants and substitutes, and identifying disruptive pressures and strategic levers that affect pricing, margins and market positioning.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"plus-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Plus-Icon.svg\" alt=\"Plus Icon\"\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Excel-Icon.svg\" alt=\"Excel Icon\"\u003e\n\u003cstrong\u003eCustomizable Excel Spreadsheet\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eConcise Porter's Five Forces summary tailored to Coles Group—instantly highlights competitive pressures and strategic levers for quick, board-ready decisions.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eustomers Bargaining Power\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Customers-Cart-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLow Switching Costs in Retail Markets\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eConsumers face almost zero financial cost switching from Coles to Woolworths or Aldi, so Coles must keep prices competitive and run frequent promotions to hold share.\u003c\/p\u003e\n\u003cp\u003eBy late 2025, price-comparison apps—used by an estimated 28% of Australian grocery shoppers—have lowered friction further, increasing weekly-switching based on specials.\u003c\/p\u003e\n\u003cp\u003eLow switching costs amplify customer bargaining power, pressuring Coles’ margins: in FY2025 comparable-store sales growth hit 1.2% while gross margin fell 0.3 percentage points.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Customers-Cart-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eHigh Price Sensitivity Amid Economic Pressures\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003ePersistent cost-of-living pressures in Australia left 72% of households price-sensitive in 2024, pushing shoppers toward discount chains and private-label lines; Coles saw private-label sales rise 6.1% in FY2024, signaling value-seeking behavior.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Customers-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Customers-Cart-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInfluence of Loyalty Programs and Data Analytics\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eThe Flybuys loyalty program creates psychological switching costs that lower customer bargaining power by tying 9.3 million active members (2025) to Coles through points and tiered rewards, raising repeat visit rates by about 7% year-on-year. Coles uses Flybuys data and analytics to deliver hyper-personalized offers—targeted discounts drove a 4.8% uplift in basket value in FY2024—keeping shoppers inside its ecosystem. Sophisticated prediction models forecast promotions with \u0026gt;80% accuracy, allowing Coles to pre-empt churn and negotiate from a stronger pricing position.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Customers-Cart-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDemand for Omnichannel and Delivery Convenience\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eModern consumers expect seamless stores, click-and-collect and fast home delivery, forcing Coles to invest in digital UX and faster fulfillment; in FY2024 Coles reported 18% growth in online sales channels, signaling rising customer reliance on omnichannel options.\u003c\/p\u003e\n\u003cp\u003eIf Coles lags, tech-savvy shoppers shift to rivals—Woolworths and Amazon Fresh—where 2024 Australian online grocery share rose to ~8–10% of market, raising churn risk and margin pressure.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eFY2024 Coles online sales +18%\u003c\/li\u003e\n\u003cli\u003eAU online grocery ~8–10% of market (2024)\u003c\/li\u003e\n\u003cli\u003eClick-and-collect, delivery drive retention\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Customers-Cart-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGrowing Preference for Ethical and Sustainable Sourcing\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eA growing share of Australian shoppers—45% in a 2024 YouGov survey—now factor environmental and social governance into grocery choices, boosting customer bargaining power over retailers like Coles Group.\u003c\/p\u003e\n\u003cp\u003eBuyers demand transparency on carbon footprints, single-use plastic reduction, and animal welfare, and can switch brands quickly, raising reputational and revenue risks for Coles.\u003c\/p\u003e\n\u003cp\u003eColes has folded sustainability into its core strategy—targeting net-zero by 2050 and a 50% reduction in waste to landfill by 2025—to retain conscious consumers and protect margins.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e45% Australians consider ESG in grocery buys (YouGov 2024)\u003c\/li\u003e\n\u003cli\u003eColes: net-zero by 2050; 50% waste reduction target by 2025\u003c\/li\u003e\n\u003cli\u003eDemand for carbon\/plastic\/animal welfare transparency increases switching risk\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Customers-Cart-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eColes combats price-sensitive shoppers with private labels, Flybuys and online growth\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eLow switching costs and price sensitivity give customers high bargaining power, forcing Coles to protect margins via promotions, private-label growth (+6.1% FY2024) and Flybuys-driven personalization (9.3M members, +4.8% basket uplift FY2024); online growth (+18% FY2024) and ESG preferences (45% consider ESG 2024) further shape choices.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eFlybuys members (2025)\u003c\/td\u003e\n\u003ctd\u003e9.3M\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePrivate-label sales change (FY2024)\u003c\/td\u003e\n\u003ctd\u003e+6.1%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eOnline sales growth (FY2024)\u003c\/td\u003e\n\u003ctd\u003e+18%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eShoppers considering ESG (2024)\u003c\/td\u003e\n\u003ctd\u003e45%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePrice-comparison app users (2025 est.)\u003c\/td\u003e\n\u003ctd\u003e28%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003ch2\u003e\n\u003cspan style=\"color: #3BB77E;\"\u003ePreview Before You Purchase\u003c\/span\u003e\u003cbr\u003eColes Group Porter's Five Forces Analysis\u003c\/h2\u003e\n\u003cp\u003eThis preview shows the exact Coles Group Porter's Five Forces analysis you'll receive immediately after purchase—no surprises, no placeholders. The document covers competitive rivalry, supplier and buyer power, threat of substitutes, and barriers to entry with actionable insights and scoring. It's fully formatted, ready to download and use the moment you buy. What you see here is precisely the final deliverable.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Explore-Preview.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e","brand":"MatrixBCG","offers":[{"title":"Default Title","offer_id":56747489034617,"sku":"colesgroup-five-forces-analysis","price":10.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0911\/3554\/1625\/files\/colesgroup-five-forces-analysis.png?v=1772199180","url":"https:\/\/matrixbcg.com\/products\/colesgroup-five-forces-analysis","provider":"MatrixBCG","version":"1.0","type":"link"}