How do one can do market research ( TAM , existing players, global market ) before starting a business? Anyone?
Anonymous 2
Hey I am on Medial • 1y
A good way to identify TAM is to measure monthly revenue of a company and then multiply by total companies operating. First build local then think about global.
0 replies
More like this
Recommendations from Medial
Sameer Patel
Work and keep learni... • 10m
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,
See More
0 replies4 likes
Mridul Das
Introvert! • 1m
Bootstrapped ASTROYOGI goes global 🌏! Recently resaled revenue number shows overseas markets contributed 27.2% of total revenue (1/3) RS 85 .
Online consultancy services generated 98.3% of total revenue
It also sells its product through YogiSto
Which metric is most commonly used by startups to measure product-market fit?
A) Customer Acquisition Cost (CAC)
B) Net Promoter Score (NPS)
C) Customer Lifetime Value (CLV)
D) Monthly Recurring Revenue (MRR)
India's Got Latent was a disaster, but it made 45.5 lakhs every episode.
Samay Raina's hilarious talent show clocked over 200 million views and Rs 1.8 CR in revenue monthly - the highest ever from any Indian YouTube show. 🙌
Let us see how: 👇
i)
Startup Terminologies Demystified 🚀
1) LTV (Customer Lifetime Value):
The total revenue a business can expect from a single customer during their entire relationship with the company. It helps measure how valuable a customer is in the long run.
AMD generate revenue across various sectors, including Data Center ($1.6B), Client ($1.5B), Gaming ($1.5B), and Embedded ($1.2B). With total revenue of $5.8B, AMD achieves a gross profit of $2.7B and a net profit of $0.3B (5% margin). Key expenses in
Startup Idea:
An app that finds all the apps you forgot you’re subscribed to, then offers therapy for the heartbreak when you see the total monthly cost.
Profitability Metrics
These are the stages of profitability every founder should be familiar with (Refer the table below)
In the beginning, Start with Contribution margin (CM)- measure if your revenue covers variable costs.
Next, target transacti
Global Service Industry has a total TAM of nearly $14 Trillion, and it's expected to grow with 21% CAGR by the year 2033.
India 🇮🇳
Export: $105 Billion
Import: $170 Billion
You either yourself problems,
Or you help people solve problems.
Endles
See More
0 replies5 likes
Harshavardhan
•
YouTube • 11m
The ABCs of Entrepreneurship and Businesses
#Day 2
7. Accounts Receivable: Amounts owed to a business by customers for goods/services on credit.
8. Accounts Payable: Amounts owed by a business to suppliers/creditors for purchases on credit.
9. Gro