I want to know how to calculate a pet store company's potential revenue (IKI pets) when introduced in Chile.

Number of Potential Customers- 1.37 million

Chile's total revenue for Pet Industry

Chile's total revenue in 2016- 33 million USD

Chile's total revenue in 2017- 37 million USD

Chile's total revenue in 2021- 1.72 billion USD (expected)

Companies Products Prices

Shampoo- 17.78$

Repellents- 9.74$

Wet wipes- 15.52$

Mouth wash- 17.07$

Dry wash- 18.63$

Please help me

THIS IS WHAT WAS SUGGESTED I DO ALTHOUGH I DON'T KNOW HOW TO DO IT

We will go backwards in this case. You have volume of the industry, now you show how much target market you are going to cover. You will get your target gross revenue/ sales.

Now, take a typical pet care industry analysis and you will get the margin. Make 3 assumptions - if the market works well, market works bad and it is better than expected , consider a growth rate for all 3 assumption and you will get your figures.

This is the company's growth in Columbia

The Company has found steady growth between the fiscal years of 2018 and 2019,

* Growing their net sales from ($2,832,608.77 USD) in 2018 to ($21833027.84) in 2019;

* And their net income from ($121,988.22 USD) in 2018, to ($195,271.14 USD) in 2019 representing a growth of 61% between fiscal years.

Passport Market Sizes | Historical Geography Category Data Type Unit Current Constant Chile Pet Care Retail Value RSP CLP milion Current Prices Research Sources: Pet Care: Euromonitor from trade sourcesational statistics Date Exported (GMT): 2/23/2021 7:08:26 PM 2015 2016 2017 2018 2019 2020 511,645.3 608,700,8708,868.7 767,770 7 828,057 1 823,326.8 Euromonitor International 2021 Passport Market Sizes | Historical Geography Category Data Type Unit Current Constant Chile Pet Care Retail Value RSP CLP milion Current Prices Research Sources: Pet Care: Euromonitor from trade sourcesational statistics Date Exported (GMT): 2/23/2021 7:08:26 PM 2015 2016 2017 2018 2019 2020 511,645.3 608,700,8708,868.7 767,770 7 828,057 1 823,326.8 Euromonitor International 2021