Table of Contents Threats of SWOT analysis...........................................................................................................3 REFERENCES................................................................................................................................1
Threats of SWOT analysis SWOT analysis refers an effective strategic tool which helps companies in analysing its situation as well as its own strengths, weaknesses, opportunities and threats or internal factors. The main aim of using this tool is to improve strategy for reducing threats and increasing opportunities. Some threats of Vodafone company are discussed as below: High competition:There are several strong players in telecommunication sector which increasing competition for Vodafone such as: Telefonica, BT group, AT&T and Telecom. These biggest players and increasing competition is one of the main threat for this company as it can decrease its sales. Penetration of competing players are increasing by which company requires to decrease its prices (SWOT Analysis of Vodafone, 2018). Low profit margin:It is stated that differentiation strategy of this company helped it to the great extent initially. But from last 3-4 years competition is rapidly increasing because of changing needs and demands of society. It is directly affecting its earned margin against the generated revenues which is dropping for all telecom brand. Increasing number of mobile portability:People in this modern era are using internet to the great extent and for being in the competition, several telecom companies are making an effective use of schemes and try to attract customers towards their products as well as influence them to shift services. Lower cost of mobile portability is increasing this threat as customers do not think twice before shifting their services (Phadermrod, Crowder and Wills, 2019). So, from the above, it can be said that there are several factors which can decrease sales of Vodafone so, it requires focusing on improving its strategies.
REFERENCES Books and journals Phadermrod, B., Crowder, R.M. and Wills, G.B., 2019. Importance-performance analysis based SWOT analysis. International Journal of Information Management. 44. pp.194-203. Online SWOTAnalysisofVodafone.2018.[Online].Availablethrough <https://www.marketing91.com/swot-analysis-vodafone/> 1