Market Sizing Framework Walkthrough- Bain Style

Looking to break into Bain? Get free resources for your journey: https://managementconsulted.com/consulting-prep-resources/Market sizing frameworks allow a business to know if a particular market would be appropriate to expand into. The capital expenditure required to expand into a new market is high, and exposes the company to a lot of risk. Therefore, extensive work by consultants to determine those risks and opportunities is an important step for companies to take. From a firm perspective, they want to know if you understand how to build a framework for this type of business problem, and appropriately defend your assumptions used to build your market sizing framework. If you're able to do that, then you stand a good chance to do well in your case interview. Listen to Jenny Rae and guest Matt Plumber, as they do a market sizing framework walkthrough.Subscribe to our channel: https://www.youtube.com/managementconsulted?sub_confirmation=1Timestamps:00:37 Question prompt.01:15 Prompt note taking.01:42 Clarifying questions about the prompt.01:58 Building Framework02:58 Clarifying assumptions04:05 Walkthrough of data07:04 Walkthrough of the math08:05 Understanding what the data represents09:48 Strategic assessment10:50 Interviewer assessment of frameworkLearn about our accelerated case interview prep program: https://managementconsulted.com/consulting-prep-resources/Subscribe to our channel: https://www.youtube.com/managementconsulted?sub_confirmation=1Great practical YouTube content from www.managementconsulted.com:Case Interview Playlist: http://bit.ly/CaseInterviewPlaylistConsulting Fit Interviews: http://bit.ly/FitInterviewsPlaylistConsulting Resumes: http://bit.ly/ConsultingResumesPlaylistNetworking for Consulting: http://bit.ly/NetworkingForConsultingPlaylistGreat intro YouTube content from www.managementconsulted.com:Consulting 101- All your basic consulting questions answered: http://bit.ly/Consulting101PlaylistConsulting Firms 101 Playlist: http://bit.ly/ConsultingFirmsPlaylistIs Consulting Right For You Playlist: http://bit.ly/IsConsultingRightForYouJoin the MC community: https://managementconsulted.com/subscribe