My software is a monthly subscription based service (cloud storage for photographers) but my market size is almost impossible to calculate. There are a reported 3.5 million photographers in the world but some speculate there can be up to 5x or more than that as most do photography part-time. Any suggestions on how to best present some top-down or bottom-up projections?
I've done many revenue projections for investors in my startups. As long as you have a methodology and rationalization for your projections you will be fine. So pick the more conservative number, assume a 5% market penetration, and explain what the numbers will look like.
Answered 10 years ago
Access 20,000+ Startup Experts, 650+ masterclass videos, 1,000+ in-depth guides, and all the software tools you need to launch and grow quickly.
Already a member? Sign in