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Craig Company is excited to introduce its newest product to the market. The product is a hearing aid that performs better than traditional hearing aids

Craig Company is excited to introduce its newest product to the market. The product is a hearing aid that performs better than traditional hearing aids but can be made for a fraction of the cost of existing hearing aids sell. The marketing department has told the board of directors that the TAM for the product is $25 billion. You are impressed with the size of the TAM but are wondering if your company, a regional company located in southern Ohio, will be able to address the full $25 billion. Which of the following would be a more realistic measure of the actual addressable market for your new product?
SOM
TAM
RAM
SAM

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