Hello everyone,
Can somebody help me with these two market sizing questions?
1. If you have to sell New York, how much would it be?
2. How high is the demand for plastic bags in U.S.?
I really appreciate your help! Thanks!
Hello everyone,
Can somebody help me with these two market sizing questions?
1. If you have to sell New York, how much would it be?
2. How high is the demand for plastic bags in U.S.?
I really appreciate your help! Thanks!
How would you approach it if it was an interview today? Happy to provide you the feedback and review at least some initial ideas from your side.
Best
Hi there,
Providing some market sizing thinking for anyone revisiting this Q&A:
Remember that there's rarely a "best" answer with market sizing. What's important is that you break down the problem the way it makes sense to you. Importantly, break it down so that the assumptions you make are the ones you're most comfortable in.
For example, do you know all the major brands? Great go with that. Do you understand all the segments of that country's population (either age or wealth or job breakdown)? Go with that. Do you know the total market size of the tourism (or hotel) industry? Then break it down that way.
Some tips: