Revenue Enablement Leader
Posted: Thu Dec 26, 2024 4:40 am
. Market capacity, what is this? Simply put, market capacity is to see how many products and services a market segment can sell in a year. It is like asking yourself: “How big is the pie for companies, this is the key to deciding whether to jump in and do something big?” Why would we calculate this? Market size analysis is a key component of market intelligence and helps companies understand the size of a given market and how fast it is growing. Gain a better understanding of market competition and the speed of market change.
Feng Lun said that the size of a chosen market is like canada email list setting a ceiling for a company’s growth. Think about it, the real estate industry can spawn a giant with an annual turnover of 7 billion, but the lighting industry rarely has companies with more than a billion. The size of the chosen industry and the concentration of leading companies determine the ceiling for development. What should I do if it is not accurate? Market capacity is like a weather forecast, generally accurate but always a little uncertain. Don’t worry, the goal is not to become an expert on the weather, but to decide whether to take an umbrella with you or not.
As long as our estimate is within two times, it is pretty close. The key is to find the main factors that affect the market and let other small fluctuations go with the wind. . How to calculate? It is divided into three parts: defining market boundaries, measuring using multiple methods, and summing and averaging. Let’s analyze the specific steps to see how to do it. . Define market boundaries In this era of red ocean competition, product managers always have to make judgments about which products and services are in the same market as their competitors.
Feng Lun said that the size of a chosen market is like canada email list setting a ceiling for a company’s growth. Think about it, the real estate industry can spawn a giant with an annual turnover of 7 billion, but the lighting industry rarely has companies with more than a billion. The size of the chosen industry and the concentration of leading companies determine the ceiling for development. What should I do if it is not accurate? Market capacity is like a weather forecast, generally accurate but always a little uncertain. Don’t worry, the goal is not to become an expert on the weather, but to decide whether to take an umbrella with you or not.
As long as our estimate is within two times, it is pretty close. The key is to find the main factors that affect the market and let other small fluctuations go with the wind. . How to calculate? It is divided into three parts: defining market boundaries, measuring using multiple methods, and summing and averaging. Let’s analyze the specific steps to see how to do it. . Define market boundaries In this era of red ocean competition, product managers always have to make judgments about which products and services are in the same market as their competitors.