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Market Sizing: How would you approach this case?

estimation market sizing Market sizing Market Sizing Beginner Level marketsizing
Frage bearbeitet am 14. Jan. 2024
Die beste Antwort (am 14. Jan. 2024) ist von:
Ian
Experte
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Experte
gab die beste Antwort am 14. Jan. 2024
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
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? Market Sizing WITH SOLUTION - Coffee Shop Revenue | PrepLounge.com Market ... (ganze Antwort lesen)
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55
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am 14. Jan. 2024 am 14. Jan. 2024
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Market size: How many babies are born every year? (Healthcare consulting firm)

market size marketsizing
Neueste Antwort am 25. Okt. 2023
Die beste Antwort (am 25. Okt. 2023) ist von:
Raj
Experte
FREE 15MIN CONSULTATION | #1 Strategy& / OW coach | >70 5* reviews |90% offers ⇨ prep-success.super.site | MENA, DE, UK
Raj
Experte
gab die beste Antwort am 25. Okt. 2023
FREE 15MIN CONSULTATION | #1 Strategy& / OW coach | >70 5* reviews |90% offers ⇨ prep-success.super.site | MENA, DE, UK
Hello! When answering the question about the number of babies born every year in the context of the healthcare sector, it's important to consider the specific focus of the consulting firm and the information available. ... (ganze Antwort lesen)
6
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35
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am 25. Okt. 2023 am 25. Okt. 2023
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How many cars are sold in the UK annually?

Market sizing marketsizing
Neueste Antwort am 11. Sept. 2023
Die beste Antwort (am 4. Sept. 2023) ist von:
Marvin
Experte
Former BCG Consultant | Startup Founder | Holistic approach to a successful application - cases & beyond | 10% discount
Marvin
Experte
gab die beste Antwort am 4. Sept. 2023
Former BCG Consultant | Startup Founder | Holistic approach to a successful application - cases & beyond | 10% discount
Hi, There are many ways to do it but here's a structured approach to help you estimate the market size: Define the Market: Clarify the scope of the market you are analyzing. Are you interested in new car sales, used car ... (ganze Antwort lesen)
5
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510
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25
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am 11. Sept. 2023 am 11. Sept. 2023
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Estimate the ATM market size in the U.S. 

marketsizing
Neueste Antwort am 11. Sept. 2022
Anonym B gab die beste Antwort am 10. Juli 2021
First of all, could you clarify what you mean with the ATM market size? Are we talking the installed base of ATMs, the yearly market revenues of all manufacturers of ATMs, the yearly withdrawal fees generated by ATM o ... (ganze Antwort lesen)
3
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23
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am 11. Sept. 2022 am 11. Sept. 2022
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Market Sizing: How would you set a product revenue goal for Instagrams stories ad?

BCG McKinsey and Bain Market analysis Market sizing marketsize marketsizing
Neueste Antwort am 21. Juli 2022
Die beste Antwort (am 20. Juli 2022) ist von:
Ian
Experte
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Experte
gab die beste Antwort am 20. Juli 2022
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
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? Hint: Do you think it's easier to think about your/your peers' usage of I ... (ganze Antwort lesen)
3
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854
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35
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am 21. Juli 2022 am 21. Juli 2022
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Market sizing: how many people work to deliver food in HK in 2021

Market sizing marketsizing
Neueste Antwort am 10. Jan. 2022
Die beste Antwort (am 6. Jan. 2022) ist von:
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. Jan. 2022
#1 Bain coach | >95% success rate | interviewer for 8+ years | mentor and coach for 7+ years
Hi Ruizhi, First of all, it is great to see your consistency in finding out the solution to the question! This is indeed an interesting question which is probably relevant for quite a lot of users, so I am happy to prov ... (ganze Antwort lesen)
4
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51
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am 10. Jan. 2022 am 10. Jan. 2022
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Market sizing exercising

marketsizing
Neueste Antwort am 31. Dez. 2021
Die beste Antwort (am 22. Okt. 2019) ist von:
Antonello
Experte
McKinsey | NASA | top 10 FT MBA professor for consulting interviews | 6+ years of coaching
Antonello
Experte
gab die beste Antwort am 22. Okt. 2019
McKinsey | NASA | top 10 FT MBA professor for consulting interviews | 6+ years of coaching
Hi, also here in the forum, you can find some real cases (you could look for the hashtag "Market sizing"). 2 examples: https://www.preplounge.com/en/consulting-forum/how-much-would-you-charge-to-clean-all-the-window ... (ganze Antwort lesen)
3
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6
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am 31. Dez. 2021 am 31. Dez. 2021
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How long should I take to do a market sizing question?

BCG marketsizing McKinsey
Neueste Antwort am 31. Dez. 2021
Die beste Antwort (am 6. Dez. 2019) ist von:
Vlad
Experte
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Vlad
Experte
gab die beste Antwort am 6. Dez. 2019
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Hi, It really depends on when do you have a market sizing question. There can be two options: Market sizing as a standalone case (You ask relevant clarifying questions (e..g. to exclude b2b) make a very detailed s ... (ganze Antwort lesen)
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11
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am 31. Dez. 2021 am 31. Dez. 2021
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Granular market sizing

Bain marketsizing
Neueste Antwort am 31. Dez. 2021
Die beste Antwort (am 17. Okt. 2018) ist von:
Vlad
Experte
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Vlad
Experte
gab die beste Antwort am 17. Okt. 2018
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Hi, 1) From the demand side: every time you come to this store you see x ppl. You can assume how much time on average they spend at the store and calculate daily traffic. Then multiply it by the conversion rate (use a ... (ganze Antwort lesen)
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4
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am 31. Dez. 2021 am 31. Dez. 2021
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Market Sizing: Strollers

marketsizing
Neueste Antwort am 31. Dez. 2021
Die beste Antwort (am 28. Jan. 2019) ist von:
Vlad
Experte
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Vlad
Experte
gab die beste Antwort am 28. Jan. 2019
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Hi, I agree with your initial approach and don't agree with Luca. Basically, you are making a reasonable assumption about the Birth Rate. If you apply growth - just make sure that the population is growing (although t ... (ganze Antwort lesen)
6
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8
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am 31. Dez. 2021 am 31. Dez. 2021
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Market Sizing: Nb of Sim cards sold to expats in Dubai

estimation marketsizing
Frage bearbeitet am 5. Sept. 2021
Die beste Antwort (am 5. Sept. 2021) ist von:
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
1
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6
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am 5. Sept. 2021 am 5. Sept. 2021
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Market for U.s. dating apps

marketsizing
Neueste Antwort am 7. Juli 2021
Die beste Antwort (am 7. Juli 2021) ist von:
Ian
Experte
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Experte
gab die beste Antwort am 7. Juli 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, You can't just assume 50% of the whole population is in a relationship and 50% is not. Not only is this far to high (on the not in a relationship side), but you need to break this down by age! The number of ... (ganze Antwort lesen)
1
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19
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am 7. Juli 2021 am 7. Juli 2021
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Estimate the market size for poultry in the U.S.? 

marketsizing
Neueste Antwort am 7. Juli 2021
Die beste Antwort (am 7. Juli 2021) ist von:
Ian
Experte
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Experte
gab die beste Antwort am 7. Juli 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, You're right to break things down by weekly consumption and income, but what's the point in breaking it down by income if your eating habits are 1 kg, 1.5kg, and 1kg as income comes down? This is sort of non ... (ganze Antwort lesen)
1
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571
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16
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am 7. Juli 2021 am 7. Juli 2021
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demand for squash in the u.S?

market marketsizing
Neueste Antwort am 7. Juli 2021
Die beste Antwort (am 7. Juli 2021) ist von:
Ian
Experte
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Experte
gab die beste Antwort am 7. Juli 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, The problem here is you've just made up your frequency of play numbers. You need to segment by something that actually helps. For example, how much of the rural US population plays squash? Approximately 0. ... (ganze Antwort lesen)
1
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642
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13
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am 7. Juli 2021 am 7. Juli 2021
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How much is the broadband industry worth in the United States?

marketsizing
Neueste Antwort am 7. Juli 2021
Die beste Antwort (am 7. Juli 2021) ist von:
Ian
Experte
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Experte
gab die beste Antwort am 7. Juli 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, You forget to multiply by 12 months...your number will be more reasonable then :) Otherwise, this approach generally makes sense!
2
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490
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20
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am 7. Juli 2021 am 7. Juli 2021
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Estimate the popcorn market in the cinema industry (pre-covid) 

marketsizing
Neueste Antwort am 6. Juli 2021
Die beste Antwort (am 6. Juli 2021) ist von:
Ian
Experte
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Experte
gab die beste Antwort am 6. Juli 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, This is generally right, but I have a few comments: Please never just generically create segments. 0-20 is an odd segment. I understand that it's "even", but you should really have 0-10, 11-19, as an exa ... (ganze Antwort lesen)
1
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1,3 T.
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16
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am 6. Juli 2021 am 6. Juli 2021
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Market for cruise ships in UK

marketsizing
Neueste Antwort am 6. Juli 2021
Die beste Antwort (am 6. Juli 2021) ist von:
Ian
Experte
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Experte
gab die beste Antwort am 6. Juli 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, I just have a few comments: "Rest of population" means nothing. Do you mean low income/poor? No need to do middle and lower middle. Just do high, medium, and low income. It's generally good to know the ... (ganze Antwort lesen)
2
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480
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34
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am 6. Juli 2021 am 6. Juli 2021
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Estimate China's Jewellery Market

marketsizing
Neueste Antwort am 16. Juni 2021
Die beste Antwort (am 16. Juni 2021) ist von:
Ian
Experte
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Experte
gab die beste Antwort am 16. Juni 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, Happy to help/clarify! Is it very rarely that the market sizing question would be focused at a global level, rather more at a country level? Say if the question is revised to estimate the jewellery market ... (ganze Antwort lesen)
1
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519
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23
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am 16. Juni 2021 am 16. Juni 2021
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Estimate the global jewellery market size

marketsizing
Neueste Antwort am 14. Juni 2021
Die beste Antwort (am 14. Juni 2021) ist von:
Ian
Experte
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Experte
gab die beste Antwort am 14. Juni 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, This is about right but there are some mistkaes I have the following feedback though: For #1, can you actually reasonably pick a % population who can afford? This is a bit of a leap (takeaway: This fir ... (ganze Antwort lesen)
2
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831
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35
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am 14. Juni 2021 am 14. Juni 2021
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How many candies does china consume annually?

AT Kearney Bain BCG Boston Consulting Group Market sizing marketsize marketsizing McKinsey McKinsey & Company Oliver Wyman
Neueste Antwort am 16. Mai 2021
Die beste Antwort (am 15. Mai 2021) ist von:
Ian
Experte
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Experte
gab die beste Antwort am 15. Mai 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, Overall this is a good approach! That said, I would question your assumption around the elderly not eating candy at all. I would also question your assumption that all children eat 1 candy a day. So, I t ... (ganze Antwort lesen)
3
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1,4 T.
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22
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am 16. Mai 2021 am 16. Mai 2021
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