Tips On Defining The Size of a Market for a Startup Business

It’s important to properly measure the size the market in which you hope to compete. Without this information, it’s very difficult to raise funds, understand how much you can/should spend on product development and marketing, evaluate the success of your marketing efforts, etc.

In the following video, I offer five suggestions that can help you define the size of a market for a startup business.

Startup Tip – How To Determine Market Size from Ross Kimbarovsky on Vimeo.

Do you have other tips to add or a question? I’d love to hear from you in the comments below.