5 min read
Loved your post.
My approach to guesstimate:
Population of India: 1.4 cr
Urban Rural Split = 30%-70%
Urban Population = 420 million
Urban Household ~ 100 million
Interent Penetration = 70%
Poor:Middle:Rich = 20%:50%:30:
I assume 20% middle class households to have Prime subscription and 40% Rich to have Prime subscription
So my final number boils down to 7+8 = 15 million
Loved your post.
My approach to guesstimate:
Population of India: 1.4 cr
Urban Rural Split = 30%-70%
Urban Population = 420 million
Urban Household ~ 100 million
Interent Penetration = 70%
Poor:Middle:Rich = 20%:50%:30:
I assume 20% middle class households to have Prime subscription and 40% Rich to have Prime subscription
So my final number boils down to 7+8 = 15 million