In this project, you'll be helping the Commonlounge team estimate the size of the market they are in, and do a competitor analysis. You'll be using the techniques discussed in Sizing the market and finding competitors tutorial — so make sure you've read it first.
- Use top-down analysis to estimate the market size for Commonlounge. To make it easier, stick to the US and stick to college graduates seeking to make a career transition to Machine Learning, Product Management, UX Design and similar roles.
- Do the same as in 1, but use bottom-up analysis this time.
- How do these answers change if we expand the addressable market to US enterprises looking to re-train their internal workforce?
- Identify Commonlounge's biggest competitors.
Hit the Reply button below and create a post with your solution.
The Commonlounge team will give feedback on every submission. In addition, please feel free to critique other submissions — there's a lot of room to learn from each other. Good luck!