Source: Fact of the Day 1
Published: November 2018
Understanding Your Size of Market
Circulated: July 16, 2019
Regardless of what product or service you work on, it is important to understand your size of market to think about the bigger picture.
The following questions can shape your thinking about how you serve your customers. For example, Amazon:
- How is our growth rate compared to Amazon’s?
- How many Prime customers use my service?
- What is the regional breakdown of our revenue compared to Amazon’s?