Competitors:
- Increase in competition from other web development and marketing companies in the industry
- New entrants offering similar services and products
- Competitors offering lower pricing or differentiated services
Suppliers:
- Access to reliable and cost-effective suppliers for hardware, software, and other technology-related components
- Dependence on third-party suppliers for web hosting, domain registration, and other technical services
- Availability of skilled website designers and developers
Legal and political:
- Compliance with data protection and privacy laws such as GDPR and CCPA
- Intellectual property issues related to website content and designs
- Changes in government regulations and policies affecting the internet and technology industry
Technology:
- Rapid advancements in web development and design technologies
- Changing consumer preferences and expectations in terms of website design and functionality
- Increasing reliance on mobile and responsive web design for optimal user experience
- Emerging technologies such as artificial intelligence, virtual reality, and blockchain that may impact web development and marketing strategies.
Macro external environment of webaware Ltd pty using this examples. Competitors,suppliers,legal and political and technology
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