Conservatively

In theory, the level of competition is proportional to market size and market size is proportional to competition.
Anyone can be tempted by entering a market with an intense competition. A common business plan statement is: “market size is estimated at $100 Millions, we assume conservatively to get $1 Million”.
Never conservative enough, I think. Top players have marketing budgets matching their size, and newcomers-business will be hardly profitable.
Posted on lug 10, 2008 by Giorgio Buccilli















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