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Market Sizing: Volume Versus Value

estimate estimation estimation market sizing estimations Market sizing market sizing assumptions Market Sizing Beginner Level

Neueste Antwort am 9. Apr. 2024

gab die beste Antwort am 9. Apr. 2024

Depends on pricing structure: If there's only one price, then it's just multiplying the volume by the price. Done. If there are multiple prices, then you have to find a way to multiply those prices by their respective ... (ganze Antwort lesen)

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29
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am 9. Apr. 2024 am 9. Apr. 2024
Letzte Aktivität

Estimate the number of whatsapp messages sent per day?

estimation guess-estimates Market sizing

Neueste Antwort am 8. Apr. 2024

Clara

Experte

McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut

Clara

Experte

gab die beste Antwort am 15. Apr. 2020

McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut

Hello PK, I have alredy answered to some of your questions regarding market sizing, they are truly interesting. I believe tought you always have the same flaw: you only consider one of the two big segments (person ... (ganze Antwort lesen)

20
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5,1 T.
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105
Upvotes insgesamt

am 8. Apr. 2024 am 8. Apr. 2024
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Market Sizing

estimate estimation estimation market sizing estimations Market sizing

Neueste Antwort am 4. Apr. 2024

gab die beste Antwort am 4. Apr. 2024

Nope! Exactly why you need clarifying questions :) Amount consumed = liters $ consumed = $ amount of all liters consumed Market = consumed AND exported MINUS imported…i.e. produced Be careful :) Answer: Population broke ... (ganze Antwort lesen)

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102
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29
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am 4. Apr. 2024 am 4. Apr. 2024
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Spannende Diskussionen aus der Community gesucht?

Melde dich jetzt an und finde weitere Fragen und Antworten zu aktuellen Themen aus der Branche in unserem Consulting Q&A.

Bain Final Round interview Estimation Question: How would you value Spain?

Bain & Company estimation

Neueste Antwort am 22. März 2024

Iman

Experte

Systemiq | Ex-BCG | 10 years experience with 8+ specialising in sustainability | Free Intro | Ex-PrepLounge candidate

Iman

Experte

gab die beste Antwort am 21. März 2024

Systemiq | Ex-BCG | 10 years experience with 8+ specialising in sustainability | Free Intro | Ex-PrepLounge candidate

This is a cool question! I actually think the more vague the question, the more the interviewer wants insight into how you think. They're looking to see whether you can be a good brainstorm/sparring partner and how you ... (ganze Antwort lesen)

7
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189
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80
Upvotes insgesamt

am 22. März 2024 am 22. März 2024
Letzte Aktivität

Top Down vs Bottom Up (Estimations)

estimation Market sizing

Neueste Antwort am 6. Nov. 2023

Sidi

Experte

McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 350+ candidates secure MBB offers

Sidi

Experte

gab die beste Antwort am 1. Nov. 2023

McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 350+ candidates secure MBB offers

Hello! The top-down method for market sizing is typically quicker and provides a general estimate promptly. However, it's often not as precise as the bottom-up approach. In a real consultancy setting, the top-down meth ... (ganze Antwort lesen)

7
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577
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62
Upvotes insgesamt

am 6. Nov. 2023 am 6. Nov. 2023
Letzte Aktivität

Market sizing at BCG

BCG estimation First Round Market sizing

Neueste Antwort am 12. Okt. 2023

Anonym gab die beste Antwort am 26. Apr. 2019

The very simple answer to your question is "YES IT IS VERY IMPORTANT" You even can face a market sizing question as your overall case interview at any round. Cheers Serhat

6
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12
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am 12. Okt. 2023 am 12. Okt. 2023
Letzte Aktivität

How many electric charging stations are there in Germany?

brainteaser estimation guess-estimates Market sizing

Neueste Antwort am 19. Apr. 2023

Cristian

Experte

#1 rated MBB & McKinsey Coach

Cristian

Experte

gab die beste Antwort am 19. Apr. 2023

#1 rated MBB & McKinsey Coach

Hi there, You have a sound approach. For market sizing questions, I'd recommend you also try and have some fun with ChatGPT. Try asking for several approaches and try to learn from how it chooses to do the sizing diff ... (ganze Antwort lesen)

3
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680
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35
Upvotes insgesamt

am 19. Apr. 2023 am 19. Apr. 2023
Letzte Aktivität

market for cannabis in Germany

brainteaser estimation market estimation Market sizing

Neueste Antwort am 16. Apr. 2023

gab die beste Antwort am 16. Apr. 2023

Hi there, About a 6 out of 10 here. #1 Thing Missing: HOW you got to these numbers. You need to make sure you are never guessing for numbers. Rather, you are making estimates based on your knowledge of the world. So: Ho ... (ganze Antwort lesen)

3
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721
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23
Upvotes insgesamt

am 16. Apr. 2023 am 16. Apr. 2023
Letzte Aktivität

how many light bulb are on at any given time in the USA

estimation Market sizing

Neueste Antwort am 11. Apr. 2023

Hagen

Experte

#1 Bain coach | >95% success rate | interviewer for 8+ years | mentor and coach for 7+ years

Hagen

Experte

gab die beste Antwort am 11. Apr. 2023

#1 Bain coach | >95% success rate | interviewer for 8+ years | mentor and coach for 7+ years

Hi Theresa, I would be happy to share my thoughts on it: First of all, I would approach this market size estimation from a bottom-up perspective by estimating the number of households in the US, and the average number o ... (ganze Antwort lesen)

4
Antworten

911
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46
Upvotes insgesamt

am 11. Apr. 2023 am 11. Apr. 2023
Letzte Aktivität

Estimate the sales in volume of instant coffee in UK for the next 4 years

estimation Guessestimation market estimation

Neueste Antwort am 13. März 2023

Angelo

Angelo gab die beste Antwort am 16. Sept. 2018

Hi, I think that the correlation to GDP is a good point but it is not the only factor. Try to develop the problem by using more Marketing notions (customer segments, competition, trends for each factor etc.).

4
Antworten

2,6 T.
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27
Upvotes insgesamt

am 13. März 2023 am 13. März 2023
Letzte Aktivität

Car-related estimation questions

estimation

Neueste Antwort am 6. März 2023

Hagen

Experte

#1 Bain coach | >95% success rate | interviewer for 8+ years | mentor and coach for 7+ years

Hagen

Experte

gab die beste Antwort am 6. März 2023

#1 Bain coach | >95% success rate | interviewer for 8+ years | mentor and coach for 7+ years

Hi there, I think this is an interesting question that may be relevant for many people. I would be happy to share my thoughts on it: Personally, I would approach the first question from a demand-based perspective (i.e., ... (ganze Antwort lesen)

4
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410
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35
Upvotes insgesamt

am 6. März 2023 am 6. März 2023
Letzte Aktivität

How to estimate the number of daily bank transfers in a day

estimation guess-estimates Market sizing

Neueste Antwort am 24. Juni 2022

gab die beste Antwort am 23. Juni 2022

Hi there, You'll learn a lot more from this by trying it out yourself first! Why don't you post your approach here and we can provide commentary? How to approach market sizing It's very simple: Do the approach the is th ... (ganze Antwort lesen)

5
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1,2 T.
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am 24. Juni 2022 am 24. Juni 2022
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How many passengers is at the airport at noon?

Case Interview estimation Market sizing Partner Interview

Frage bearbeitet am 11. März 2022

Maikol

Experte

BCG Project Leader | Former Bain, AlixPartner, and PE | INSEAD MBA | GMAT 780

Maikol

Experte

gab die beste Antwort am 11. März 2022

BCG Project Leader | Former Bain, AlixPartner, and PE | INSEAD MBA | GMAT 780

In general, when these kinds of questions are asked, it would be great to see your full reasoning, not only what you said to the interviewer and what he/she replied. I also doubt that it is true that an interviewer just ... (ganze Antwort lesen)

2
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1,3 T.
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30
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am 11. März 2022 am 11. März 2022
Letzte Aktivität

Market sizing: Estimate revenue from a sports-outlet store

estimation Market sizing market sizing assumptions

Neueste Antwort am 31. Dez. 2021

Vlad

Experte

McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School

Vlad

Experte

gab die beste Antwort am 14. Okt. 2019

McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School

Hi, Define the time it takes for a single person to pay Define max number of people paying in a singly cashier line per shift Multiply by the average utilization of the cashier line Multiply by the number of l ... (ganze Antwort lesen)

3
Antworten

4,5 T.
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3
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am 31. Dez. 2021 am 31. Dez. 2021
Letzte Aktivität

Marketing sizing - Pay TV Market

estimation Market sizing

Neueste Antwort am 25. Okt. 2021

Clara

Experte

McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut

Clara

Experte

gab die beste Antwort am 24. Okt. 2021

McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut

Hello! I would recommend you to add more flavor by segmenting the market, since it would allow you do double click on the different rate than different customer segments would pay for the TV. Given that market sizing c ... (ganze Antwort lesen)

3
Antworten

881
Aufrufe

14
Upvotes insgesamt

am 25. Okt. 2021 am 25. Okt. 2021
Letzte Aktivität

Estimate world salmon market

estimation

Neueste Antwort am 2. Okt. 2021

Anonym B gab die beste Antwort am 29. Sept. 2021

Hi, I'm thinking this can be broken into the following issue tree (high-level): Step 1: Total number of salmons sold in a year x avg. price of a salmon Step 2: (calculating the number of salmons sold): # consumers x av ... (ganze Antwort lesen)

5
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616
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20
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am 2. Okt. 2021 am 2. Okt. 2021
Letzte Aktivität

Market size: What is the market size (in terms of revenue) of ATMs in your country?

estimation Market sizing

Frage bearbeitet am 5. Sept. 2021

gab die beste Antwort am 12. Sept. 2019

Hi Anonym, I would like to add to Marco's answer the following, I think that is required to have a complete answer. As Marco mentioned, one component to calculate the Market size of ATMs is the Number of ATMs in you ... (ganze Antwort lesen)

2
Antworten

5,0 T.
Aufrufe

12
Upvotes insgesamt

am 5. Sept. 2021 am 5. Sept. 2021
Letzte Aktivität

Market Sizing: Nb of Sim cards sold to expats in Dubai

estimation marketsizing

Frage bearbeitet am 5. Sept. 2021

Marco-Alexander

Experte

Former BCG | Case author for efellows book | Experience in 6 consultancies (Stern Stewart, Capgemini, KPMG, VW Con., Hor

Marco-Alexander

Experte

gab die beste Antwort am 5. Sept. 2021

Former BCG | Case author for efellows book | Experience in 6 consultancies (Stern Stewart, Capgemini, KPMG, VW Con., Hor

am 5. Sept. 2021 am 5. Sept. 2021
Letzte Aktivität

Are Estimations/Market Sizing questions still being used?

BCG McKinsey and Bain estimation Market sizing

Frage bearbeitet am 26. Aug. 2021

Udayan

Experte

Top rated Case & PEI coach/Multiple real offers/McKinsey EM in New York /12 years recruiting experience

Udayan

Experte

gab die beste Antwort am 7. Juni 2020

Top rated Case & PEI coach/Multiple real offers/McKinsey EM in New York /12 years recruiting experience

Yes they are - it's not as common and often buried within a case but they are definitely a tool that people use.

14
Antworten

3,1 T.
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36
Upvotes insgesamt

am 26. Aug. 2021 am 26. Aug. 2021
Letzte Aktivität

Does McKinsey do market sizing

estimation

Frage bearbeitet am 17. Aug. 2021

Florian

Experte

Highest-rated McKinsey coach (ratings, offers, sessions) | 500+ offers | Author of The 1% & Consulting Career Secrets

Florian

Experte

gab die beste Antwort am 17. Aug. 2021

Highest-rated McKinsey coach (ratings, offers, sessions) | 500+ offers | Author of The 1% & Consulting Career Secrets

Hey there, ----- UPDATE I have written a detailed insider perspective on the McKinsey case interview here: https://www.preplounge.com/en/mckinsey-interview ----- For McKinsey, market sizing is only relevant as part of a ... (ganze Antwort lesen)

4
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1,4 T.
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45
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am 17. Aug. 2021 am 17. Aug. 2021
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