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I understand consumer market sizing, but B2B cases confuse me when one company buys the product and someone else actually uses it. Should I estimate from end users, customer companies, or both?
For some consumer products I could estimate demand by number of people or by number of households. Is there a good rule for choosing the cleaner approach, or should I pick whichever data and assumptions are easier to defend?
Mayank G.CoachChoose the unit that most directly matches how the product is purchased or used, then use the approach with assumptions you can explain clearly.
Some market-sizing assumptions are pretty uncertain, so a single number can feel fake-precise. Is it acceptable to give a range, or do interviewers usually expect one final estimate?
Mayank G.CoachA range can be useful when the uncertainty is real, but you should still show a clear base-case estimate. The interviewer needs to see that you can make a decision rather than hide behind a very wide interval.
If I say something like 30% penetration and the interviewer tells me that assumption feels too high, but does not give a better number, should I defend it, ask for guidance, or pick a new assumption myself?
Mayank G.CoachTreat the challenge as a signal to revisit the assumption, not as a demand to defend it at all costs.