Get Active in Our Amazing Community of Over 451,000 Peers!

Schedule mock interviews on the Meeting Board, join the latest community discussions in our Consulting Q&A and find like-minded Case Partners to connect and practice with!

How does the Consulting Q&A work?

Anyone can ask a question

Anyone can write an answer

Upvotes let answers rise to the top

Market Sizing: Volume Versus Value

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

Most recent answer on Apr 09, 2024

gave the best answer on Apr 09, 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 ... (read entire answer)

3
Answers

72
Views

29
Total Upvotes

on Apr 09, 2024 on Apr 09, 2024
Last Activity

Market Sizing

estimate estimation estimation market sizing estimations Market sizing

Most recent answer on Apr 04, 2024

gave the best answer on Apr 04, 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 ... (read entire answer)

3
Answers

85
Views

28
Total Upvotes

on Apr 04, 2024 on Apr 04, 2024
Last Activity

Estimate the number of windows in NYC?

estimate Market sizing

Most recent answer on Feb 29, 2020

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 Feb 17, 2020

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

What Vlad said. Just an additional hint: please clarify at the beginning, what is in scope if you talk about "windows". Is it only windows in builings? Or also other windows (e.g., car windows)? Or is it only a subset ... (read entire answer)

3
Answers

4.5 k
Views

4
Total Upvotes

on Feb 29, 2020 on Feb 29, 2020
Last Activity

Looking for exciting discussions from the community?

Estimate Number of Caskets / Mortality Rate

brainstorming estimate market entry

Most recent answer on Oct 06, 2019

Vlad

Expert

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

Vlad

Expert

gave the best answer on Oct 06, 2019

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

Hi, If the life expectancy is 70 years, then the number of people dying each year is 1/70 * population Best

1
Answer

1.6 k
Views

1
Total Upvotes

on Oct 06, 2019 on Oct 06, 2019
Last Activity

How would you go about estimating the impacts of a volcano on an economy such as Iceland

estimate

Recent activity on May 17, 2019

Vlad

Expert

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

Vlad

Expert

gave the best answer on May 16, 2019

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

Hi, "Let's use here a bottom-up approach."- is it your suggestion? Maybe you could post your ideas here first? Clue - start with the key factors it can influence - tourism, shutdowns, emigration, costs for the reco ... (read entire answer)

2
Answers

1.6 k
Views

7
Total Upvotes

on May 17, 2019 on May 17, 2019
Last Activity

Guestimate: How would you estimate the number of commercial properties in a given city?

brainstorming questions case question estimate estimation estimation market sizing guess-estimates market estimation Market sizing

Recent activity on Apr 26, 2019

Anonymous gave the best answer on Apr 26, 2019

I would use the population although it will be very sensitive to many assumptions. It looks very difficult to make meaningful assumptions in terms of land size. Cheers Serhat

2
Answers

2.5 k
Views

4
Total Upvotes

on Apr 26, 2019 on Apr 26, 2019
Last Activity

6 results

Consulting Q&A – Ask Questions about Your Career

In this overview, you will find all the questions asked so far by the PrepLounge community. Anyone can ask questions and write answers. Our coaches are also happy to share their expertise. If you like an answer, give it an upvote so that it rises to the top. Here you can also find our guidelines and FAQs for the Consulting Q&A.