It’s important for companies, especially startups, to properly measure the size of their market. Without this information, it’s difficult (if not impossible) to raise funds, understand how much you can/should spend, evaluate the success of your marketing efforts, etc. In the following video, I offer five suggestions you can use to determine the size of your market.
Do you think you have a great idea for a startup or a small business? In this 4 minute video, I share tips based on my own experience with crowdSPRING and my 13 year career as a lawyer (where I did quite a lot of research), about ways you can improve your research and better refine your idea.
Do you have other tips to add or your own story to tell? Please do so in the comments…
Ross co-founded crowdSPRING - the world's #1 marketplace for crowdsourced graphic design, industrial design and copywriting services. crowdSPRING helps entrepreneurs, businesses and agencies who need custom logo design, web design, company naming and other writing services (100,000+ designers and writers). For 13 years before founding crowdSPRING, Ross was a successful trial attorney. Read more about Ross.
