Is this method is correct?
Share your thoughts
What methods do you use to determine if your startup ideas are viable and have potential for success?
In my point of view, utilizing SEO can be a valuable approach to determine the viability of a star
how to exactly calculate TAM, SAM & SOM ??
I mean, TAM is supposed to be the total market value of an industry but does it differ on the kind of service that I am providing in that industry?
what exactly should be considered while calculating thes
Should a startup idea always focus on capturing the entire TAM?
4 replies1 like
Sameer Patel
Work and keep learni... • 11m
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,
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0 replies4 likes
SamCtrlPlusAltMan
•
OpenAI • 9m
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
