Market potential can be determined by the size of the market. During a certain period of time maximum total sales revenue that is estimated from all suppliers of a product in a market is termed as Market potential.
Merlin
Bizbilla
Market Potential specializes in providing during a certain period, in a specific product's market, stating this measure as the estimated maximum total sales revenue of all suppliers.
That is the number of potential buyers for a product, actually more precisely the number of total sales that can be made to that market place population.
You might invent a better tooth brush that costs $1000, but the potential market of wealthy people who would buy it is so small that it would not be profitable to engineer or manufacture.
Market share is your percentage of total sales to a given market. The estimated maximum total sales revenue of all suppliers of a product in a market during a certain period.
The estimated maximum total sales revenue of all suppliers of a product in a market during a certain period.
Market Potential means Aggregate of all individuals, firms, and organizations in a particular market who have some level of interest in a particular product.
The estimated maximum total sales revenue of all suppliers of a product in a market during a certain period.
The estimated maximum total sales revenue of all suppliers of a product in a market during a certain period.
The estimated maximum total sales revenue of all suppliers of a product in a market during a certain period.
The estimated maximum total sales revenue of all suppliers of a product in a market during a certain period.
What is market potential
potential market of wealthy people who would buy it is so small that it would not be profitable to engineer or manufacture.
market pottential mean how much thier productcaputure the whole market.it mean caputuring the market or area by their owe produtct.
ROI( return on invest)
if you know that, you can earn a lot of money
