4 ms·
gut; talk to other people; reports/trends; inspect companies in your space. the potential market should be at least 1 :) it depends what kind of company you're
by pclark 16y ago
gut; talk to other people; reports/trends; inspect companies in your space.
the potential market should be at least 1 :) it depends what kind of company you're building.
If you're building a really large consumer business you want a product that can have over 50M users. If you're after a tidy lifestyle company you can dominate a small niche and thrive.
- grep 16y agowhat if you are building a product in top of other product? Is there a way to know how big is your market?
- pclark 16y agolike twitter? i generally dislike those companies. no idea really, look for some successful companies that have built upon other platforms... facebook games probably a good start.
- byoung2 16y agoYou should look at the total market for the parent product, and come up with a reasonable percentage of those users who will buy your add-on. For example, if there are 5 million iPhone users, and 5% buy a screen protector, then you're looking at a total available market of 250,000. From here, you'll have to figure out what percentage of the market you can reach, etc.