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
So TAM is total addressable market as in where you have to find your large set of people to which they may be your potential future customers. TAM may be geographical or by age categories or by consumption size. Tam may varies depends on different business.
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Sameer Patel
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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,
What is the market size of professional networking platform ( TAM, SAM, SOM ),
Googled it, but coudn't find the valuable or trustable details .
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Nilotpal Chauhan
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Global Service Industry has a total TAM of nearly $14 Trillion, and it's expected to grow with 21% CAGR by the year 2033.
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Sagar Motwani
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To enter a market, understanding three key metrics is most important in any business field:
1) TAM (Total Addressable Market): The total demand for a product or service without limitations.
Example: If 10 million people worldwide might buy $100 he
If you are a business owner and think that we are a market of 1.2 Billion Indians, then you are wrong.
Why I say this is because the TAM (Total Addressable Market), which is the area that you operate in, says some different data.
As per Google in I
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
The Most Important Thing about Starting a Business is about Market Research
Entrepreneur should have knowledge about the market
Q1) What is the Total Addressable Market Size ?
Q2) Is the Industry a Sunrise or Sunset ?
Q3) Is their need for your pro
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Guys let's discuss some common issues faced by GenZs and let's try to come up with solutions (anything creative will work)
Drop the problems or challenges you face which may be solved by a business
It may be absolutely anything
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May 2024: A Landmark Month for Indian Startup Funding!
In May 2024, the Indian startup ecosystem witnessed a significant surge in funding, raising $1.3 billion, the highest monthly total this year. This growth was driven by several large deals, incl