I'm making a platform for marriages where you can book hotels,halls,forts,beaches,etc. along with food ,mehendi ,camera-man ,videographer ,make-up ,rented clothing,etc. basically Amazon for marriages. The TAM(3.14 lakh crore) is huge. Wedding reels a
Why so much emphasis on TAM?
This is why..
TAM's Importance for Founders:
1. Market assessment baseline
2. Investor communication tool
3. Business planning guide
4. Strategic thinking catalyst
5. Growth opportunity identifier
6. Adaptability promo
Business Terms
TAM stands for Total Addressable Market, a key metric in business. It estimates the total revenue possible by selling your product to everyone in the market who could potentially benefit from it.Businesses use TAM to gauge market size,
