Market Share Projection Tips for Small Businesses

Laura Sanchez
Flowchart by , created almost 2 years ago

Every small business wants to increase sales and grow market share. To be successful requires the ability to assess the company’s current business, quantify the business that remains, and then adopt strategic planning initiatives that increase sales. Market share projection makes this possible.

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Laura Sanchez
Created by Laura Sanchez almost 2 years ago
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Flowchart nodes

  • “Performing a Gap Analysis on a Sales Territory”
  • 2. Determine Current Business Relative to Potential Business
  • 3. Determine Current Market Share
  • 1. Determine Market Size
  • A company might determine the size of their market by calculating how many units all their customers could purchase in a given year.
  • It’s a question of understanding how much customers could actually purchase within a given year.
  • Determinar la cuota de mercado actual implica simplemente dividiendo negocio actual total tamaño del mercado
  • 2.current & potential business
  • 3.current market share
  • 1.Market size
  • Future market share