Live Streaming E-Commerce Platform Business Plan

IV. Customer Analysis

4.1 Target Market

[Company Name] will develop a live-streaming e-commerce platform having a wide range of products. Thus, the platform will majorly cater to the following:

  • Retailers, Influencers, or Celebrities
  • Individuals
  • According to United Nations, young people accounted for 33% of the global population in 2020, making them the largest demographic across the globe

    Age Group

    Number of People (2020)

    % of the Global Population

    <20 years

    2.6 billion

    33.2%

    20-39 years

    2.3 billion

    29.9%

    40-59 years

    1.8 billion

    23.1%

     

    4.2 TAM, SAM, and SOM

    TAM $xx trillion
    The global market for social commerce to reach a market size after 5 years.

    SAM $xx billion
    [Target Location Market]’s social commerce market size after 5 years.

    SOM $xx billion
    [Company Name] would be able to capture a respectable share of the serviceable available market by the end of year 5. 

Strategic Business Plans