The company can tap into a larger customer base, including those who prefer the convenience of shopping online. E-commerce enables ITC Ltd to reach customers in remote areas, international markets, and underserved regions, thereby increasing its market penetration and potential revenue streams. ITC Threat ITC Threats - ITC SWOT Analysis The following are some of the threats that ITC faces: Intense Competition ITC Ltd faces fierce competition from both domestic and international players across its business segments.
Intense competition often leads to price wars as companies strive hong kong whatsapp number database to capture market share. Price-based competition can result in reduced profit margins for ITC Ltd, as it may be forced to lower prices to remain competitive. This can impact the company’s profitability and financial performance, making it challenging to maintain sustainable growth and invest in innovation and expansion. Also, intense competition can lead to market saturation, impacting ITC’s brand loyalty.
Changing Regulatory Landscape ITC Ltd is subject to a wide range of regulations and policies imposed by governments and regulatory bodies. The evolving regulatory landscape often brings about increased compliance costs and regulatory burdens for companies. New regulations, amendments to existing laws, or stringent enforcement can necessitate changes in processes, systems, and operations. Compliance with these regulations may require significant investments in technology, infrastructure, training, and monitoring systems.
By establishing a strong online presence,
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