How to Estimate Market Size for a New Product

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  • Опубліковано 8 жов 2024
  • Estimating market size or "market sizing" for your software app or SaaS product really isn't that hard. You need to find out how much cash is flowing through your target industry and calculate the number of potential users. Finding these numbers is easy using free market report promotional materials! Let's do it together!
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КОМЕНТАРІ • 28

  • @Solikos
    @Solikos 4 роки тому +6

    Love the "real world" hand-on example! Refreshingly not just ideas floating around. Keep up the great work - subscribed!

  • @davewilliams553
    @davewilliams553 4 роки тому +3

    So professional so real. You’re a stud brother!

    • @AppCreative
      @AppCreative  4 роки тому

      dave williams Thank you, my friend!

  • @lionelren3705
    @lionelren3705 3 роки тому +2

    I agree with this top-down approach to estimate the market size. But how would you estimate the Total Assessable Market of this SaaS solution ? You have the number of potential users, how can you estimate the revenue/customer of your SaaS knowing this is a new product ? Thank you, that would be very helpful !

  • @redefinerelentless
    @redefinerelentless 2 роки тому +2

    Love the video! Could you do a B2C instead of B2B?

  • @johnbg5403
    @johnbg5403 4 роки тому +2

    Dear Dale. Food for thought indeed. What about estimating market size for the English language learning market? with a bottom-up approach Let's say there are 24 million people in a country with a mobile phone. I only want to target intermediate level learners. How on earth would I go about that?

    • @AppCreative
      @AppCreative  4 роки тому

      Ooh, what a nice, juicy question. I’ll have to give that some thought and do a video about it!

  • @HarpreetKaur-it2fw
    @HarpreetKaur-it2fw Рік тому

    common, precise and clever at the same time

  • @usdrayagegroup3702
    @usdrayagegroup3702 4 роки тому +2

    Awesome stuff Dale! Love this cool thoughts.

  • @brucebastian6167
    @brucebastian6167 4 роки тому +3

    Legit content. Great stuff, man!

    • @AppCreative
      @AppCreative  4 роки тому

      Bruce Bastian Thanks, my friend!

  • @MrMalastoufa
    @MrMalastoufa Рік тому +1

    In what basis/criteria should we estimate, that X amount of users are gonna adopt the app in the first year?

  • @omaralzokani1829
    @omaralzokani1829 3 роки тому

    You saved the day man! great work!

  • @warengonzaga
    @warengonzaga 3 роки тому

    I've been searching for answer on how to get a market share and then boom!

  • @harrykiran7367
    @harrykiran7367 3 роки тому

    Every survey related questions I search and answers that I get is the usa survey's and m surprised that how updated the country is and here in India they don't even do the survey right to get the estimation. Forget about accuracy.

  • @flashthegreat3455
    @flashthegreat3455 2 роки тому

    What if your business Intersect with other industries? Should I look up those other industries as well?

  • @shraddhamore5958
    @shraddhamore5958 2 роки тому

    Client runs a chain of hospitals across India. They want to open specialized maternity care
    centres. Estimate the market potential and the number of centres to be launched. how it is solve?

  • @jessehahka
    @jessehahka 2 роки тому

    Great video. Thank you.

  • @voltairepabustan
    @voltairepabustan 3 роки тому

    Thank you for sharing!

  • @andreadelarosa3241
    @andreadelarosa3241 2 роки тому

    Hi! Permission to ask sir how to make market size for a new product? Our product is combo meal consists of 4 which is Java Rice, meatballs made of luncheon meat, drinks, and the last is fruit jelly. Help me sir i don't know where do i start.

  • @gglez6892
    @gglez6892 4 роки тому +1

    Dude, you're my savior! LOL

  • @ntcuong01ct1
    @ntcuong01ct1 4 роки тому

    Dear Friend, I want to calculate the profit margin of FMCG/Steel industry. Could you help?. Thank you.

    • @shreya6115
      @shreya6115 2 роки тому +1

      See this video ua-cam.com/video/z8vakR4565M/v-deo.html

  • @peterbinderr1597
    @peterbinderr1597 2 роки тому

    Interesting).

  • @1ma4ighter
    @1ma4ighter 2 роки тому

    actually not doing this for software / online, but ok