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The total addressable market, or TAM, refers to the total number of customers who could possibly use your product or service. TAM can also represent the total potential revenue from that market. SOM represents your serviceable obtainable market. This means your SAM is 5 million customers, representing $300 million.
The guiding policy can either explore unique paths or follow behind the competitor and make something better, represented well by the “blue ocean” concept. Identify 5+ MVP (minimumviableproduct) AI tools that can drastically improve the employee review process to improve quality and reduce time.
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