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The total potential market for your new product is 300 million people. Of these, only 50% are addressable (meaning that you can somehow reach them).
The total potential market for your new product is 300 million people. Of these, only 50% are "addressable" (meaning that you can somehow reach them). Of these, only 8% are likely to buy your product. And of these, only 5% will make a purchase in any given year. Their average purchase size will be $1500. How much sales should you expect each year
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