Reply any business metric you know and explain in your words.
So that the one who don't know can learn from here..
Ronak Patel
Stealth • 3m
TAM - total addressable market --- suppose you are selling milk, so what is the market in india who consumes milk? It is approx ₹17,000 billion. So this is your total addressable market (TAM) .
0 replies2 likes
More like this
Recommendations from Medial
Sameer Patel
Stealth • 6m
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
Mahendra Lochhab
Stealth • 3m
India is the world's largest producer and consumer of dairy, producing over 221 million metric tons of milk in 2022. Most of the milk comes from buffalo, with cow milk second and goat milk third. In 2018, India produced 22% of the world's total milk
See More
0 replies1 like
Sagar Motwani
Stealth • 1m
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
Good evening, everyone.
What are the main challenges that occur while scaling a startup?
1.Total addressable market
2.Marketing
3.Team building
4.Financial management
5. Operations
What are your thoughts?
2 replies3 likes
Aryan Gupta
Stealth • 5m
Is it possible to ensure that I can get approx X amount of user base by spending Y amount in total? If yes then how?
3 replies2 likes
Ansh Kadam
Stealth • 1m
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
Interestingly, during their IPO, major tech companies typically captured only 0.1% to 2% of their addressable market. So, if you're raising funds, avoid bluntly claiming that you can easily capture 30-40%.
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
Apart from the health benefits,
Plant-based milk alternatives, such as almond, oat, soy and rice milk, have a much lower emissions footprint.
Is this a growing market? What are the likely challenges and opportunities according to you?
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