I know that the logic in answering the questions is more important but I'm having too much trouble coming up with numbers in the first place. I spend way too much time trying to think of a non-ridiculous numbers that I don't really think of how to solve the question. Could somebody help me out with this?
Werde aktiv in unserer Community aus über 451.000 Gleichgesinnten!
Verabrede dich zum Casen über das Meeting-Board, nimm an Diskussionen in unserem Consulting Q&A teil und finde gleichgesinnte Case-Partner, um dich auszutauschen und gemeinsam zu üben!
How do you come up with numbers for a guesstimation/market sizing question?
Übersicht der Antworten
Upvotes
Beste Antwort
Hi Joe,
personal experience and common sense are the 2 main sources for numbers estimation. My advice is to go with easy-to-use number (e.g. instead of 47 use 50) and to check 1 or 2 important and uncertain numbers with interviewer (e.g. "I'm not familiar with this market, can I proceed with this number?" or "does it make sense?").
I share some examples of market sizing with some good number estimation arguments:
- https://www.preplounge.com/en/consulting-forum/how-much-would-you-charge-to-clean-all-the-windows-in-seattle-4965
- https://www.preplounge.com/en/consulting-forum/market-sizing-milk-consumption-5087
- https://www.preplounge.com/en/consulting-forum/how-would-you-calculate-the-value-of-a-cow-4982
Hope it helps,
Antonello
War diese Antwort hilfreich?
Hi,
There are two sources of your assumptions:
- Personal experience (e.g.in my apartment building with 100 apt every morning I see 10 dogs being walked, thus my assumption is that 10% households have the dogs)
- General knowledge (It is generally known that the average size of the family is 3 people, thus I will use this number to calculate the households)
It's also important to adjust the numbers (e.g. on Manhattan people are usually single and busy and thus the average household size there will be 2 people)
Best
War diese Antwort hilfreich?
Verwandte Cases
Unternehmenscase von Oliver Wyman
Your client, large automotive OEM WyCar, has developed its first fully electric vehicle (EV) and introduced it as a pilot on the Austrian market last year. However, sales have been far below the expected numbers. The management has engaged you to support them in understanding the reasons and advise
...
Your client, large automotive OEM WyCar, has developed its first fully electric vehicle (EV) and introduced it as a pilot on the Austrian market last year. However, sales have been far below
...
(Ganzen Case öffnen)
121,5 T.
mal gelöst
Fortgeschritten
Schwierigkeitsgrad
Unternehmenscase von Bain & Company
Du erbst von deinem Großvater ein Weingut, die Old Winery, welche sich seit fünf Generationen in Familienbesitz befindet und bis ins 16. Jahrhundert datiert werden kann.Auf den elf Hektar der Old Winery werden konventionell, d.h. nicht biologisch betrieben und zertifiziert, je zur Hälfte weiße und r
...
Du erbst von deinem Großvater ein Weingut, die Old Winery, welche sich seit fünf Generationen in Familienbesitz befindet und bis ins 16. Jahrhundert datiert werden kann.Auf den elf Hektar de
...
(Ganzen Case öffnen)
118,3 T.
mal gelöst
Fortgeschritten
Schwierigkeitsgrad
Unternehmenscase von Roland Berger
Onlinestar, ein Onlinehändler für Möbel- und Gartenprodukte (Kerngeschäft) ist durch eine Ausweitung des Produktportfolios in den letzten Jahren stark gewachsen. Das Unternehmen importiert hauptsächlich Ware von chinesischen Herstellern, verfügt aber auch über eine eigene Produktion von Katzentoilet
...
Onlinestar, ein Onlinehändler für Möbel- und Gartenprodukte (Kerngeschäft) ist durch eine Ausweitung des Produktportfolios in den letzten Jahren stark gewachsen. Das Unternehmen importiert h
...
(Ganzen Case öffnen)
92,4 T.
mal gelöst
Fortgeschritten
Schwierigkeitsgrad
Unternehmenscase von RWE Consulting
RWE is an international renewables company with a proud heritage of more than 125 years in the energy business. Recently, during the Capital Markets Day in 2023, RWE’s CEO renewed the company’s 2030 vision of being a global leader in green energy. To achieve this, additional substantial investments
...
RWE is an international renewables company with a proud heritage of more than 125 years in the energy business. Recently, during the Capital Markets Day in 2023, RWE’s CEO renewed the compan
...
(Ganzen Case öffnen)
16,3 T.
mal gelöst
Fortgeschritten
Schwierigkeitsgrad
Unternehmenscase von E.ON Inhouse Consulting
Climate change has become one of the biggest challenges in the 21st century, and with roughly 75% of all CO₂ emissions coming from energy, this sector plays a key role in the transition to a reduced carbon footprint. E.ON has taken up on the challenge to promote more sustainable and efficient energy
...
Climate change has become one of the biggest challenges in the 21st century, and with roughly 75% of all CO₂ emissions coming from energy, this sector plays a key role in the transition to a
...
(Ganzen Case öffnen)
5,1 T.
mal gelöst
Fortgeschritten
Schwierigkeitsgrad
Premium + Coaching-Experten
Content Creator
McKinsey | NASA | top 10 FT MBA professor for consulting interviews | 6+ years of coaching
261
Meetings
10.490
Q&A Upvotes
107
Awards
108 Bewertungen
