I cant grasp the meaning and the difference between the two when it comes in market sizing questions
I cant grasp the meaning and the difference between the two when it comes in market sizing questions
The factor that turns volume into revenue is of cource the price, which means you can dissect growth into volume and price growth and deduct interesting strategic questions around them.
Hi there,
Let’s say they ask you to estimate the market size for tennis balls in the US.
So 2 is simply the number in 1 times the average price of tennis balls.
Best,
Francesco
Hi there,
Volume = # of items
Revenue = $
So, volume = # of apples consumed per year and revenue = dollars of all apples sold