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Vault Message Board: McKinsey & Company

Topic Name: Estiamting the market for a new product
Message Name: sources...
Date Posted: 01/10/2006
In Reply To: market research firms? EOM
Message: datamonitor, reuters business insights, various research analysts (wall street) are good starting points. once you have a basic idea of the forecasted market (through above or similar sources) look at past historical analogs (if any) to get some guidance on how market share gain/product uptakes have taken places. also ompare existing and anticipated products/services with yours to get a relative sense of market share. could also use some classical product lifecycle curves (some jazzy stuff like bass diffusion model, etc). that's all i know about this!

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