Hi guys, Where could I find some exercises (with solutions) to practice market sizing / guesstima... (more)

# All questions tagged Market sizing - Consulting Q&A - PrepLounge.com

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Hi, The first approach seems a lot like guessing taking into account the nature of the question (%, not the absolute number) The second approach is better Another option might be calculating... (more)

Hi, Your question is unclear, could you pls clarify? Thanks

Hi Anonymous This seems to be an interesting ask and can be a bit intriguing. You may get this if you are an experienced candidate and have something like this on your CV. I hope you are aware o... (more)

Hi Your questions is a very valid one. However, the answer lies in how you address the problem. 1. Addressing a Sizing Problem A typical market sizing problem can be addressed from either De... (more)

Hi, The general framework for pricing is: Cost base - Value based - Competitor based - pricing strategy 1. Cost based - you actually check what are the costs and apply standard industry / target... (more)

The question has a bit of a disconnect. The amount of money given to grow trees does not have to correlate to the number of trees that can be planted. To answer the question on number of trees... (more)

Hi, This is one of the common questions I solve with my trainees. You can do the following: Think about the total number of liters consumed by one person per day (say 2L) You need to th... (more)

Hi, It's easier to: Segment New York into blocks using the number of streets and avenues. Calculate separately the area of the parks Assume a certain number of trees per block and separat... (more)

Hi, Check with the interviewer if it is the primary or secondary market Calculate the number of households Assume a certain # of cars per household Calculate total # of cars Calculate th... (more)

Hi, One approach is highlighted below : Few things to remember when sizing this market It is important to divide umbrella purchases into planned vs impulse buys given the nature of the ma... (more)

Is this approach good? To calculate revenue generated from computer hardware business in the UK l... (more)

Hi, I recommend the following: Ask the clarifying question first: Are we looking only at the b2c segment or other segments as well. Mentioning this by itself will give you the extra points. I... (more)

Came across this market sizing question, and it did baffle me. Not sure how to approach it, wether e... (more)

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 un... (more)

Hi, 1) Calculate the number of households 2) Calculate the number of vehicles (% households owning the vehicles) 3) Assume the lifetime of a car (let's say 10 yers) and the av. change of owne... (more)

Hello, I would propose several ways: 1) You start from the population of the city (12M) and make assumption on a theoritical structure of the demographics : XX% are workers, YY% are students ,... (more)

Hi there, Your approach is from the demand side. You can also use the supply side as a constraint and work from there. So how many people can actually be present in a gym, the percentage utilizatio... (more)

What I would do to approach this problem: 1. Start from population, estimate the amount of population with cancer. I would segment by age because I believe that cancer is much more prevalent in mat... (more)

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 Multip... (more)