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Sizing an Untapped Product Market

HardStrategy00:00
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The question is on your right: Sizing an Untapped Product Market. Take a moment with it first.

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Problem

Scenario

You are advising a company that wants to launch a new financial product in a market with little direct historical data. Leadership wants a view on how big the opportunity could be and what revenue it might generate if the launch works. You need to estimate demand, adoption, and monetization without relying on an established category benchmark.

Question

Walk me through how you would estimate the market size and potential revenue of a new product launch in a completely untapped market.