Market Size Guessing Game
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A strategy for making market size reveals more engaging and memorable during pitches by turning it into an interactive guessing game.
Core Strategy
- Ask audience to guess the market size before revealing actual number
- People almost always guess wrong when numbers are very large
- Creates more impact and memorability when revealing the actual size
- Makes the audience more engaged and invested in the information
Why It Works
- Makes people feel personally invested in learning the answer
- Creates mild insecurity/uncertainty in audience
- Helps emphasize surprisingly large numbers
- More engaging than just stating facts directly
Example Implementation
- Start with "Guess how much revenue is booked per year in this market?"
- Let audience attempt to guess
- Reveal the actual number (e.g. "$128 billion")
- Follow up with context (e.g. "That's 5% of all tickets booked")
- Use the surprise factor to emphasize the opportunity
Key Benefits
- Increases audience attention and engagement
- Makes market size numbers more memorable
- Creates natural segue into business opportunity
- Helps audience better understand scale of opportunity
- More effective than just stating numbers directly
When to Use
- During pitches when revealing large market sizes
- When trying to emphasize scale of opportunity
- To make dry statistics more engaging
- To create more interactive presentations
Based on discussion between Sam Parr and Shaan Puri about effective pitch techniques
44:49 - 45:21
Full video: 01:35:17OK
Oren Kandel
Oren Kandel has a diverse work experience in various leadership roles. Oren is currently the Co-Founder and CEO of Munch, a position they have held since July 2021.