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PRATHAM

Experimenting On lea... • 1y

How do one can do market research ( TAM , existing players, global market ) before starting a business? Anyone?

Vaibhav Babruwan Shingde

Student • 1y

Firstly , analyse whether is it big problem and if it is big problem then research whether is it a big market . If these things are clear then go for Existing Players , if it is a problem then obviously players will exist in the global market, that's

PRATHAM

Experimenting On lea... • 1y

Agreed. But my question is how can these research done. For example I want to know existing players in xyz field so from where I will get to know, I will not travel all India to do this research so how would I do this research that's my question.

Havish Gupta

Figuring Out • 1y

Google, perplexity and these ai tools can help a lot. These can help you know about the major players, estimated tam, estimated total market, etc. After getting the existing player's detail, then go on their website and learn about the prices, business model, and all services they offer. If it is a startup, then just type 'Startup Name' + 'Startup Details and you will get infor about their funding etc Now you got to know a lot of the industry and companies. So you can then move back to these ai tools for any questions (if you have) or can also take help of YouTube Hope this helps.

1 replies2 likes

Replies (1)

PRATHAM

Experimenting On lea... • 1y

Thanks man I just used it and it was helpful alot.

0 replies2 likes

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