3 ms·
Gaining 1% of market share from a baseline of 2.4% would mean growing their share of the market by 41%
by Closi 3y ago
Gaining 1% of market share from a baseline of 2.4% would mean growing their share of the market by 41%
- blibble 3y agoit is not "1%" it is "less than 1%"
- Closi 3y agoGood point - so I guess it could be anything from 0% to 40%, although I guess my broader point is that the measure of absolute percentage points could hide significant ‘actual’ growth.
- brookst 3y agoThis is the important observation. A 40% CAGR would be terrifying to Google.
- eviks 3y agoit's not CAGR since there is nothing to compound