Total Addressable Market(TAM) - Deepstash

Total Addressable Market(TAM)

After having identified your target market and your end user, you’re in a good position to estimate the Total Addressable Market (TAM). TAM is the amount of revenue you’d make if 100% of the market became customers.

To calculate this, start by figuring out how many people there are who fit your end user profile. Then multiply this number by how much each user is worth. The resulting figure is the TAM.

The sum you expect the customer to spend in a year X multiplied by the number of estimated total customers = TAM.

454

949 reads

CURATED FROM

IDEAS CURATED BY

jessicadelgado

Medical sales representative

There’s nothing magic about being a successful entrepreneur. It’s a learned skill, and in Disciplined Entrepreneurship, the author details 24 steps to a successful startup.

The idea is part of this collection:

How to Manage a Hybrid Team

Learn more about entrepreneurship with this collection

How to balance flexibility and structure in a hybrid team environment

Understanding the challenges of managing a hybrid team

How to maintain team cohesion

Related collections

Similar ideas to Total Addressable Market(TAM)

The Size Of The Market

  • Total Addressable Market (TAM): the universe where your product lives
  • Served Available Market (SAM): the people that can be reached via your sales channel
  • Target Market: those who are your most likely customers.
...

Improve Your Time Assessment Skills

  • Estimate your activities for future productivity analysis.
  • Include buffer time for unexpected circumstances.
  • Use time tracking software. Upload your tasks and time estimates, record time and review your performance.

11. Being Bad at Estimating Time

Most of us tend to underestimate how long projects and tasks will take us to finish. 

Time management tips:

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates