Market price share means how an organization or business earned a percentage on its market. We can measurement it 2 ways: By Units and also by revenues. Here have 2 calculators.
Enter sales Unit and total market units sales on first calculator. And if you want to use 2nd calculator then enter total Revenue and market revenue.
Market Share Formula:
Are you want to know that how to calculate the market share percentage? Here is the formula how to calculate market share.
The formula for market share by Units:
=(sales Unit ÷ total market unit sales) x 100%
The formula for market share by it’s Revenue:
=(Revenue ÷ Total Market Revenue) x 100%
Market Share Formula Example:
Example of market share formula how we calculated this example value on our calculator.
=(500 ÷ 2500 ) x 100%
=0.2 x 100%
=(20000 / 52000) x 100%
=0.38…. x 100%
How to Estimate Market Share for New Business:
You can estimate market share 2 ways:
- By its sales unit
- By its revenue
We define all formulas on upper section. Just follow that.