Project and Task Management News Details

Market Sizing Action Plan

Business start-ups must evaluate size and nature of their markets when planning their brand and sales policies. If your company enters a new market and wants to be sure this market is sufficient, you need to know how to estimate the market’s size. Read this Market Sizing Template to learn key steps of the estimation process. The steps are as follows:

• Define Target Audience
• Calculate Market Penetration Rate
• Explore Market Potential
• Determine Market Size