Consulting Q&A – Ask Questions about Your Career

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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
Most recent answer on Jul 21, 2022
The best answer (on Jul 20, 2022) 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 Jul 20, 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 ... (read entire answer)
3
Answers
869
Views
35
Total Upvotes
on Jul 21, 2022 on Jul 21, 2022
Last Activity

Market Size Singapore Car Subscription

estimation market sizing marketsize
Question edited on Apr 13, 2022
The best answer (on Apr 13, 2022) 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 Apr 13, 2022
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, That's too simplified! You can't just take a random # out of the population and call it a day. Market sizing is about breaking the problem down into logical segments that move you from guessing towards estimat ... (read entire answer)
2
Answers
753
Views
15
Total Upvotes
on Apr 13, 2022 on Apr 13, 2022
Last Activity

Starting a market sizing case

Market sizing marketsize
Most recent answer on Dec 31, 2021
The best answer (on Jan 15, 2019) 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 Jan 15, 2019
McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 350+ candidates secure MBB offers
Hi Anonymous! Please refer to this excellent article on Preplounge: https://www.preplounge.com/en/bootcamp.php/case-cracking-toolbox/identify-your-case-type/market-sizing Cheers, Sidi
2
Answers
3.9 k
Views
5
Total Upvotes
on Dec 31, 2021 on Dec 31, 2021
Last Activity

Market Size of an Ice Rink (£) per annum

marketsize
Most recent answer on Jul 10, 2021
The best answer (on Jul 10, 2021) 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 Jul 10, 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, I think this approach is pretty sound! No major issues spotted here...the one thing we can't see though is your assumptions/#s...important that these are sound!
2
Answers
493
Views
20
Total Upvotes
on Jul 10, 2021 on Jul 10, 2021
Last Activity

How many candies does china consume annually?

AT Kearney Bain BCG Boston Consulting Group Market sizing marketsize marketsizing McKinsey McKinsey & Company Oliver Wyman
Most recent answer on May 16, 2021
The best answer (on May 15, 2021) 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 May 15, 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 ... (read entire answer)
3
Answers
1.4 k
Views
22
Total Upvotes
on May 16, 2021 on May 16, 2021
Last Activity

Estimate number of hospital beds in the Uk

Bain BCG booz allen hamilton Boston Consulting Group Kearney Market sizing marketsize McKinsey McKinsey & Company Oliver Wyman
Most recent answer on May 16, 2021
The best answer (on May 15, 2021) 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 May 15, 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, This approach absolutely works! I agree that top-down does work well (and would be my preferred option as well) If you wanted to do bottom-up, basically you'd want to estimate the number of towns, small ci ... (read entire answer)
4
Answers
2.3 k
Views
38
Total Upvotes
on May 16, 2021 on May 16, 2021
Last Activity

Market Size by Age: Confused !

Interview marketsize MBB
Most recent answer on Sep 01, 2020
The best answer (on Aug 30, 2020) is from:
Udayan
Expert
Top rated Case & PEI coach/Multiple real offers/McKinsey EM in New York /12 years recruiting experience
Udayan
Expert
gave the best answer on Aug 30, 2020
Top rated Case & PEI coach/Multiple real offers/McKinsey EM in New York /12 years recruiting experience
Hi Kass, For patients living with cancer the reason you want to know about time spent with the disease is because the size of the market depends on how much you can sell. The amount of drugs you can sell depends on th ... (read entire answer)
2
Answers
1.4 k
Views
7
Total Upvotes
on Sep 01, 2020 on Sep 01, 2020
Last Activity

How many deliveroo drivers are there in London?

market size Market sizing marketsize marketsizing
Recent activity on Jun 07, 2018
The best answer (on Jun 07, 2018) is from:
Vlad
Expert
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Vlad
Expert
gave the best answer on Jun 07, 2018
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Hi, You can calculate it from the demand and supply sides: Demand side: Population of London % of the population that orders food on demand (use the sample of your friends and family) Frequency - How many ti ... (read entire answer)
1
Answer
4.9 k
Views
4
Total Upvotes
on Jun 07, 2018 on Jun 07, 2018
Last Activity
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