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How Big is Our Market? We searched on Google for the word “glove” and the words “ice cream” and obtained these results: • Glove: 14,400,000 results • Ice Cream:
by heyrhett 16y ago
How Big is Our Market?
We searched on Google for the word “glove”
and the words “ice cream” and obtained
these results:
• Glove: 14,400,000 results
• Ice Cream: 32,60,0000 results
How Big Is Our Market?
14,400,000 x 32,60,0000 =
46944,000000000 probable customers
What If?
If we sold our glove at $9.99...
Profits =
$4,689,705,6000,000,000,000,000.00
What if we sold our glove at $19.99...
Profits = two times previous number
- sandipagr 16y agowhy would you take the product of glove and Ice cream, and not sum? just asking.
- cmontgomeryb 16y agoBut if I were to do that (with sample made up numbers): Android - 700 users worldwide Functionality - 500 people in the demographic That certainly doesn't mean that there are 1200 potential users, as I don't know where the crossover between people who require the functionality and also own an Android device are. In a technically disinclined demographic, maybe only 50 of the users that require the functionality also own an Android device - and only 10 of those would be willing to pay for the (an) app.