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Some problem in market sizing

Market sizing
Most recent answer on Mar 15, 2024
The best answer (on Mar 14, 2024) is from:
Pedro
Expert
Bain | EY-Parthenon | Roland Berger | Market Sizing | 30% off in March 2024
Pedro
Expert
gave the best answer on Mar 14, 2024
Bain | EY-Parthenon | Roland Berger | Market Sizing | 30% off in March 2024
Sorry to tell you, there are plenty of mistakes in there. If you want to segment between large renovation and small renovation, treat each of these as a segment (i.e. estimate separately the total renovation value for e ... (read entire answer)
3
Answers
76
Views
30
Total Upvotes
on Mar 15, 2024 on Mar 15, 2024
Last Activity

ME first round market sizing case

1st round Bain & Company Market sizing MBB Middle East
Most recent answer on Mar 07, 2024
The best answer (on Feb 03, 2024) is from:
Ian
Expert
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Expert
gave the best answer on Feb 03, 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? Hint: This is a bottom-up market sizing (think about how much you could m ... (read entire answer)
6
Answers
226
Views
54
Total Upvotes
on Mar 07, 2024 on Mar 07, 2024
Last Activity

Final round BCG visiting associate

anxiety BCG BCG Case Interview Final Round Market sizing
Most recent answer on Feb 29, 2024
The best answer (on Feb 23, 2024) is from:
Petros
Expert
BCG consultant, ex-Goldman Sachs | Free Intro Session! | personalized preparation plan | >90% candidate success rate
Petros
Expert
gave the best answer on Feb 23, 2024
BCG consultant, ex-Goldman Sachs | Free Intro Session! | personalized preparation plan | >90% candidate success rate
Even though no one can know for certain until you receive a formal response, very rarely a BCG consultant would make the laptop joke unless they really mean it :) they know how important these interviews are for people, ... (read entire answer)
10
Answers
206
Views
100
Total Upvotes
on Feb 29, 2024 on Feb 29, 2024
Last Activity

Market Sizing - Demad Vs. Supply Side

Market sizing
Most recent answer on Feb 20, 2024
The best answer (on Jan 21, 2024) is from:
Ian
Expert
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Expert
gave the best answer on Jan 21, 2024
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
You're exactly right! And, the same logic goes for top-down versus bottom up. Here are some you can practice on (with video explanations!): Market Sizing WITH SOLUTION - Coffee Shop Revenue | PrepLounge.com Market Sizin ... (read entire answer)
5
Answers
220
Views
53
Total Upvotes
on Feb 20, 2024 on Feb 20, 2024
Last Activity

Estimate the number of whatsapp messages sent per day?

estimation guess-estimates Market sizing
Most recent answer on Jan 24, 2024
The best answer (on Apr 15, 2020) is from:
Clara
Expert
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut
Clara
Expert
gave the best answer on Apr 15, 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 ... (read entire answer)
19
Answers
5.0 k
Views
98
Total Upvotes
on Jan 24, 2024 on Jan 24, 2024
Last Activity

Market sizing - Luxury market

Market sizing
Most recent answer on Jan 17, 2024
The best answer (on Jan 15, 2024) is from:
Edoardo
Expert
Bain & Co | PE & VC | I helped 50+ professionals to break into consulting and reason on their next career steps!
Edoardo
Expert
gave the best answer on Jan 15, 2024
Bain & Co | PE & VC | I helped 50+ professionals to break into consulting and reason on their next career steps!
Honestly this is quite broad of a sizing and not something I usually hear of. Usually if you are applying to a consulting firm pretty strong on a vertical or if you are interviewing with a partner of a specific vertical ... (read entire answer)
5
Answers
266
Views
59
Total Upvotes
on Jan 17, 2024 on Jan 17, 2024
Last Activity

Bottom Up Market Sizing: SAAS, Start-Ups, Tech Space

BCG McKinsey and Bain case interview preparation Market sizing
Most recent answer on Jan 15, 2024
The best answer (on Jan 14, 2024) is from:
Brad
Expert
Expert coach | Head of recruiting for Bain | 8+ years interviewing | Free intro call
Brad
Expert
gave the best answer on Jan 14, 2024
Expert coach | Head of recruiting for Bain | 8+ years interviewing | Free intro call
Hi there,   Stating the somewhat obvious but there is no single strategy for these type of things but let me start by framing how top-down and bottom-up works.   Top-down starts with a whole, big market, and you gradual ... (read entire answer)
4
Answers
231
Views
48
Total Upvotes
on Jan 15, 2024 on Jan 15, 2024
Last Activity

Market Sizing: How would you approach this case?

estimation market sizing Market sizing Market Sizing Beginner Level marketsizing
Question edited on Jan 14, 2024
The best answer (on Jan 14, 2024) is from:
Ian
Expert
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Expert
gave the best answer on Jan 14, 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 ... (read entire answer)
4
Answers
1.4 k
Views
55
Total Upvotes
on Jan 14, 2024 on Jan 14, 2024
Last Activity

Got this market sizing question at MBB interview and was thrown off

BCG McKinsey and Bain Market sizing
Most recent answer on Jan 13, 2024
The best answer (on Jan 08, 2024) is from:
Gero
Expert
Ex-BCG │200+ Interviews & Interview Coachings @ BCG │ 20+ candidates coached into MBB │WHU/LSE/Nova │ Teacher & Trainer
Gero
Expert
gave the best answer on Jan 08, 2024
Ex-BCG │200+ Interviews & Interview Coachings @ BCG │ 20+ candidates coached into MBB │WHU/LSE/Nova │ Teacher & Trainer
Hey there, A great example for learning how to approach any market sizing question step by step. Let‘s get to work! General comments In this case, I would propose a supply side estimation. Going over the demand side wou ... (read entire answer)
5
Answers
288
Views
77
Total Upvotes
on Jan 13, 2024 on Jan 13, 2024
Last Activity

How many Starbucks stores are in the US? Market Sizing

market estimation Market sizing
Question edited on Jan 04, 2024
The best answer (on Jan 04, 2024) is from:
Pedro
Expert
Bain | EY-Parthenon | Roland Berger | Market Sizing | 30% off in March 2024
Pedro
Expert
gave the best answer on Jan 04, 2024
Bain | EY-Parthenon | Roland Berger | Market Sizing | 30% off in March 2024
Using this approach or not depends on whether you need something quickly vs. having a full interview focused on market sizing. Here's the quick approach (for a quick estimation, or to quickly test an estimation you have ... (read entire answer)
2
Answers
3.9 k
Views
35
Total Upvotes
on Jan 04, 2024 on Jan 04, 2024
Last Activity

Market sizing from demand or supply side

Market sizing
Most recent answer on Nov 19, 2023
The best answer (on Nov 19, 2023) is from:
Ian
Expert
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Expert
gave the best answer on Nov 19, 2023
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
When you're estimating NOT guessing. If you're doing any approach and you're making up numbers, then it's the wrong approach! It's very simple: Do the approach the is the easiest for you given the question. Are they ask ... (read entire answer)
4
Answers
8.2 k
Views
11
Total Upvotes
on Nov 19, 2023 on Nov 19, 2023
Last Activity

Market sizing - number of EVs

Market sizing
Most recent answer on Nov 06, 2023
The best answer (on Nov 06, 2023) is from:
Raj
Expert
FREE 15MIN CONSULTATION | #1 Strategy& / OW coach | >70 5* reviews |90% offers ⇨ prep-success.super.site | MENA, DE, UK
Raj
Expert
gave the best answer on Nov 06, 2023
FREE 15MIN CONSULTATION | #1 Strategy& / OW coach | >70 5* reviews |90% offers ⇨ prep-success.super.site | MENA, DE, UK
When approaching a market sizing case for two segments, such as people who don't have electric vehicles (EVs) and people who already have diesel cars, it's important to consider the unique characteristics and behaviors ... (read entire answer)
5
Answers
509
Views
43
Total Upvotes
on Nov 06, 2023 on Nov 06, 2023
Last Activity

Top Down vs Bottom Up (Estimations)

estimation Market sizing
Most recent answer on Nov 06, 2023
The best answer (on Nov 01, 2023) is from:
Sidi
Expert
McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 350+ candidates secure MBB offers
Sidi
Expert
gave the best answer on Nov 01, 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 ... (read entire answer)
7
Answers
460
Views
48
Total Upvotes
on Nov 06, 2023 on Nov 06, 2023
Last Activity

Market Sizing Case Interview -- What's Involved?

Case Interview consulting Market analysis Market sizing
Most recent answer on Oct 24, 2023
The best answer (on Oct 20, 2023) is from:
Hagen
Expert
#1 Bain coach | >95% success rate | interviewer for 8+ years | mentor and coach for 7+ years
Hagen
Expert
gave the best answer on Oct 20, 2023
#1 Bain coach | >95% success rate | interviewer for 8+ years | mentor and coach for 7+ years
Hi there, First of all, congratulations on the progress in the application process with the consulting firm thus far! I would be happy to share my thoughts on your question: First of all, and contrary to what other coac ... (read entire answer)
7
Answers
455
Views
53
Total Upvotes
on Oct 24, 2023 on Oct 24, 2023
Last Activity

Size of the second hand car market in the US

market estimation market size Market sizing
Most recent answer on Oct 17, 2023
The best answer (on Oct 17, 2023) is from:
Raj
Expert
FREE 15MIN CONSULTATION | #1 Strategy& / OW coach | >70 5* reviews |90% offers ⇨ prep-success.super.site | MENA, DE, UK
Raj
Expert
gave the best answer on Oct 17, 2023
FREE 15MIN CONSULTATION | #1 Strategy& / OW coach | >70 5* reviews |90% offers ⇨ prep-success.super.site | MENA, DE, UK
Define the market scope: Clarify whether you are referring to the entire second-hand car market or a specific segment, such as passenger cars or commercial vehicles. Identify key variables: Total population: Determine t ... (read entire answer)
4
Answers
1.0 k
Views
52
Total Upvotes
on Oct 17, 2023 on Oct 17, 2023
Last Activity

Help with a market sizing question: How many assistant nurses are there in Sweden?

market size Market sizing
Most recent answer on Oct 17, 2023
The best answer (on Oct 17, 2023) is from:
Raj
Expert
FREE 15MIN CONSULTATION | #1 Strategy& / OW coach | >70 5* reviews |90% offers ⇨ prep-success.super.site | MENA, DE, UK
Raj
Expert
gave the best answer on Oct 17, 2023
FREE 15MIN CONSULTATION | #1 Strategy& / OW coach | >70 5* reviews |90% offers ⇨ prep-success.super.site | MENA, DE, UK
Here's a suggested approach: Define the key variables: Population: The population in Sweden is 10 million. Age range for assistant nurses: Determine the age range for individuals who typically work as assistant nurses. ... (read entire answer)
5
Answers
310
Views
42
Total Upvotes
on Oct 17, 2023 on Oct 17, 2023
Last Activity

Market sizing: How many people visit the emergency department at one hospital per year?

market size Market sizing
Most recent answer on Oct 17, 2023
The best answer (on Oct 17, 2023) is from:
Raj
Expert
FREE 15MIN CONSULTATION | #1 Strategy& / OW coach | >70 5* reviews |90% offers ⇨ prep-success.super.site | MENA, DE, UK
Raj
Expert
gave the best answer on Oct 17, 2023
FREE 15MIN CONSULTATION | #1 Strategy& / OW coach | >70 5* reviews |90% offers ⇨ prep-success.super.site | MENA, DE, UK
here's an approach you can take to estimate the number of people who visit the emergency department at one hospital per year: Define the key variables: Population: Determine the population served by the hospital. Averag ... (read entire answer)
4
Answers
270
Views
33
Total Upvotes
on Oct 17, 2023 on Oct 17, 2023
Last Activity

Brain teaser - babies born per year / month / day?

brainteaser Market sizing
Most recent answer on Oct 17, 2023
The best answer (on Dec 30, 2019) is from:
Antonello
Expert
McKinsey | NASA | top 10 FT MBA professor for consulting interviews | 6+ years of coaching
Antonello
Expert
gave the best answer on Dec 30, 2019
McKinsey | NASA | top 10 FT MBA professor for consulting interviews | 6+ years of coaching
Hi, US population: 320M Life expectation: 80y HP: Population equally spread for every age -> 0-1 years old: 320M/80 = 4M Baby born in a day: 4M/365 = 11k Best, Antonello
5
Answers
5.7 k
Views
7
Total Upvotes
on Oct 17, 2023 on Oct 17, 2023
Last Activity

Does anyone know what L.E.K, first round cases/interviews are like?

Case Interview Case LEK L.E.K. L.E.K. Consulting L.E.K. Interviews LEK LEK Consulting Market sizing
Most recent answer on Oct 16, 2023
The best answer (on Oct 15, 2023) is from:
Ian
Expert
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Expert
gave the best answer on Oct 15, 2023
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, Just so happens I do….because I actually know the questions they ask :) I track questions from my candidates' interviews   #1 Rule: Even though I have this list, please stop trying to predict what will happen. ... (read entire answer)
5
Answers
808
Views
51
Total Upvotes
on Oct 16, 2023 on Oct 16, 2023
Last Activity

Market sizing at BCG

BCG estimation First Round Market sizing
Most recent answer on Oct 12, 2023
Anonymous gave the best answer on Apr 26, 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
Answers
5.8 k
Views
12
Total Upvotes
on Oct 12, 2023 on Oct 12, 2023
Last Activity
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