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Strategy

Sized from money spent

Sena builds TAM, SAM, and SOM from what buyers in each market paid for the category. Every figure carries the outlet, the market, and the date behind it.

  • 190+ countries
  • 5M+ consumer network
  • 250+ integrations
The problem

Where the total inflates

A market total decides how much capital a plan can justify asking for. Three patterns push it upward, and each one survives review because the arithmetic underneath stays hidden.

01

A number built downward

TWO BORROWED HALVES A PUBLISHED FIGURE × AN ASSUMED RATE BOTH ERRORS INHERITED COUNTED FROM BUYERS SPEND PER BUYER SUMMED THE ARITHMETIC IS VISIBLE

A published category figure gets multiplied by an assumed penetration rate. Both halves arrive from elsewhere, and the product inherits the error in each.

  • The assumption doing the work sits inside a single percentage.
  • Two teams reach different totals from the same published source.
02

One rate for twelve markets

ONE RATE, TWELVE MARKETS A MATURE MARKET RATE THE BOLDEST MULTIPLIER, LEAST UNDERSTOOD EACH MARKET COUNTED ALONE THEN SUMMED

A penetration rate drawn from a mature market gets applied across a region where the category is younger.

  • The markets least understood receive the boldest multiplier.
  • A total holds up in aggregate while every line inside it is wrong.
03

A total that resists audit

WHICH PURCHASES SIT UNDER IT THE BOARD A METHODOLOGY ANNEX WEEKS TO DEFEND, TRIMMED MEANWHILE THE FIGURE OPENS A LINE THE OUTLET THE MARKET THE DATE DEFENDED INSIDE THE MEETING

The board asks which purchases sit under the figure, and the answer points at a methodology annex held by whoever supplied it.

  • A challenged total takes weeks to defend.
  • The plan gets trimmed while the number is still being defended.
What Sena does for sizing

The total, built upward

Sena is the decision AI with access to real-world data. It counts the people buying the category in each market and adds up what they paid, so the total assembles from purchases and holds its shape under questioning.

The count

Buyers counted, then spend

Sena counts category buyers in each market and reports what each segment paid over the period named.

  • Buyer numbers and spend per buyer reported apart.
  • First-time and repeat purchases separated inside the count.
The split

Segments inside the total

Sena splits the total by segment, price tier, and outlet type, so the number breaks into parts a plan can act on.

  • The tier carrying the value named, per market.
  • Own volume connected through 250+ integrations, so share reads against the total.
The source

Each figure carries its source

Every line in the total opens to the outlet, the market, and the date behind it.

  • The records arrive alongside the total.
  • A challenged total gets defended inside the meeting.
The method

Building the market total

A total holds up on two things: where the buyer count came from and whether the boundary around the category stayed fixed while the count ran. Both tests apply at each of the three steps.

The two testsTAMSAMSOM
Where the buyer count came fromPurchaseOutlet and tierRecorded share
Whether the boundary stayed fixedSame product setSame product setSame product set

TAM SAM SOM explained

TAM SAM SOM narrows in three steps, and each step needs its own evidence.

TAMThe whole category, in the markets named SAMReachable today, by channel and tier SOMWinnable against the players already holding it EACH STEP'S EVIDENCE COUNTED FROM PURCHASEOUTLET AND TIER DATARECORDED SHARE HELD THE THREE REPORT TOGETHER · THE CEILING AND THE COMMITMENT, SIDE BY SIDE

Four inputs behind the total

Sena builds the total from four collected inputs and reports which of them carried each figure.

WHAT WAS PAID ITEMISED, ACROSS THE PERIOD

Receipts

Category spend per buyer in that market, itemised, across the period.

MARKET DATE THE PRICE THE TOTAL MULTIPLIES

Store captures

The shelf price the category carries, which the buyer count multiplies against.

PRICEPACKFACING A SEGMENT SPLIT WITH PROOF

Geo-verified photos

Pack, price, and format lifted from the image, so a segment split arrives with proof.

WOULD PAY THE POINT DOES PRICE CAP THE CATEGORY

Stated preference

What a buyer would pay, which tests whether the current price caps the category.

BOARD DECKSPLANNING MODELSPOINT OF SALEEXPORTS 250+ OWN NUMBERS BESIDE THE READ
A separate row

The team’s own numbers form a separate row. Board decks, planning models, point of sale, and exports connect through 250+ integrations, so own volume reads against the category total.

Counting the total upward

A total built upward starts with people and ends with a figure. A total built downward starts with a figure and leaves the people out of view.

BUILT UPWARD THE FIGURE PEOPLE, COUNTEDEVERY PERSON STAYS IN VIEW BUILT DOWNWARD A HEADLINE FIGURE PEOPLE, INFERREDTHE PEOPLE LEAVE VIEW
01

Fix the category boundary

The products a buyer treats as substitutes. The boundary sets the denominator, so it sets the total.

02

Count the buyers

People in each market who bought inside that boundary over the period.

03

Add what they paid, then scale

Spend per buyer, per segment, summed per market, then scaled from the contributors counted to the market’s buyer base. Sena reports the scaling factor with the total.

Total addressable market methodology

A total addressable market calculation methodology earns trust by staying repeatable. Sena fixes three settings and holds them across every cycle.

The boundary

Stated in products and drawn from the market itself.

Held across every cycle

The period

Held constant so two totals compare.

Held across every cycle

The market list

Counted separately and then summed, so one market can be re-read alone.

Held across every cycle

Where the total lands

The number carries weight in three rooms: a board asking whether the opportunity justifies the spend, a finance team building the case, and an investor testing the ceiling.

The board

Asking whether the opportunity justifies the spend.

The finance team

Building the case the number has to survive.

The investor

Testing the ceiling the total claims.

What makes it holdThe ceiling stated with the purchases underneath it.
What makes it holdThe share already held reported beside it, so headroom reads plainly.
Direct from real consumers

Shared under explicit consent

Real people share what they buy and prefer, under explicit consent. Sena captures it directly at the source, so every figure traces back to where it came from whenever a number comes under question.

Real people, real consent Zero-party data straight from the source Traceable and verifiable
Sena for market sizing

Ask Sena the size

Sena answers sizing questions from consumer data collected under explicit consent, then reports the total with its parts.

4 sources · captures dated this cycle · Open the captures ↗ · figures in this exchange are illustrative
Per marketThen summed

Each market sized alone

Sena counts every market on its own and then sums them, so one market can be reread while the rest of the total stays intact.

Counted separately
HeadroomBeside the ceiling

Read the total against share

Sena places the recorded share held by existing players beside the total, so a ceiling arrives with the headroom underneath it.

Ceiling and share
OpenTo the purchases

Open a figure to purchase

Every line opens to the outlet, the market, and the date. Any figure in a board deck opens to the purchases that built it.

Board-ready

The three figures, side by side

One count, reported three ways, so a plan reads the ceiling, the reachable part, and the winnable share together.

Shape of the business
The inputs
Markets counted18
Category buyers per market420,000
Spend per buyer (USD)24
Reachable share %66
Winnable share of reach %18
TAM · the whole category
$181,440,000
markets × buyers × spend per buyer, counted per market and summed100% of TAM
SAM · reachable today
$119,750,400
narrowed by outlet type and price tier read off captures in each market66% of TAM
SOM · winnable share
$21,555,072
bounded against the recorded share held by players already in the market12% of TAM
TAM=markets×buyers×spend per buyer SAM=TAM×reachable %·SOM=SAM×winnable %
The figures carry in dollars, since the total belongs to the category being counted rather than to any one currency inside it. The scaling factor from contributors counted to the market's buyer base reports alongside the total. Markets cap at 190 · each market counted on its own, then summed · presets are placeholders pending a pass on customer data
How Sena reaches the answer

What the total rests on

A market total carries weight only as far as the count behind it

Sena builds every figure on this page from real-world signals captured when the question needs it, from people buying the category today through to the dated capture a team opens when the board asks where the number came from.

Consumer activity

Counts what people in each market bought inside the category boundary and what they paid, so the total assembles from money that changed hands.

Computer vision

Reads the price, pack, and format off images captured in real stores, which sets the price the count multiplies and the tiers it splits by.

Zero-party data

Signal arrives from the consumer network under explicit consent. Every purchase in the count comes from a person who agreed to share it.

Connect the team's systems

Brings board decks, planning models, point of sale, and exports in through 250+ integrations, so own volume reads against the category total.

Trace every answer

Each line carries the market, the date, and the capture forward, so a total opens to the purchases underneath it.

From files to databases

Sena draws scattered sizing files, exports, and spreadsheets into one place, so a total reaches every record the team holds.

Who owns it

Who carries the number

Four teams read the same total, and each one needs a different cut of it before they can act.

Strategy and corporate development

The opportunity case. Needs the ceiling with the purchases underneath it.

Planning and finance

The capital ask. Needs a total that survives review, split by segment and market.

Founders and general managers

The story to an investor. Needs a figure that opens to its source on request.

Product and range

The tier to build for. Needs the total split by price tier and outlet type.

By industry

Sizing across every industry

The same upward count, read in whatever each category records as a purchase.

01

CPG and retail

Category value counted from what was left in the store, split by pack and price tier.

02

Financial services

The households already paying for the product, and what they pay each year.

03

Telecom

Subscribers counted per market, against the tariff value each one carries.

04

Consumer tech

Buyers of the category today, beside what they state they would pay tomorrow.

The mechanism

Consumer to total, three steps

One mechanism, applied per market and per category. Each step is documented, which is what keeps the total defensible.

Step 01 · Capture

Capture

Real contributors share what they buy and pay under explicit consent, in the markets named.

  • Explicit consent on every capture
  • The purchase and the price together
Step 02 · Count

Count

Sena counts the buyers inside the category boundary and the spend each one recorded, per segment.

  • The boundary fixed before the count runs
  • Spend recorded per segment
Step 03 · Total

Total

Each market reports on its own, then sums, with the share already held set beside it.

  • One market re-read without moving the rest
  • Headroom reported with the ceiling
What changes

Counted and reported

Most totals start from a published figure and apply an assumed rate. Sena starts from the people who bought.

Capability areaTypical setupSena
Direction of the countDownward from a published category figure times an assumed rate.Upward from counted buyers times recorded spend.
Where the assumption sitsInside one penetration percentage, carried across every market and left unstated.Within the boundary drawn and the scaling applied, each stated per market.
Market granularityOne rate applied across a region, so young markets inherit mature figures.Each market counted on its own, then summed.
Segment detailA single total, split afterwards by rule of thumb.Split by segment, price tier, and outlet type as the count runs.
Auditing the figureA methodology annex, with the records held by the provider.Any segment opens to the outlet, the market, and the date.
HeadroomStated separately, when it appears.Share held by existing players reported beside the total.
What comes backA number in a slide.The ceiling, its parts, and the purchases underneath each one.
Use cases

Where the size decides

Three situations where a counted total changes the decision on the table.

01 The figureDefended

Defend a total in review

Bring the ceiling with its purchases attached so a challenged figure opens in the room on the day it gets asked.

See purchase driver analysis →
02 The tierBy value

Size a tier before building

Split the total by price tier and read which one carries the value, so the range gets built where the spend already sits.

See promotion ROI analysis →
03 The boundWith the total

Bound an investment case

Set recorded share held by existing players beside the ceiling, so the obtainable part arrives with the total.

See brand perception tracking →
See it on one market

Bring a category to size

The walkthrough counts the category in the markets named, splits the total into its parts, and opens the purchases behind any line while the team watches.

What a walkthrough covers

  1. 01One category boundary set in products, then held across three markets
  2. 02Buyers counted and spend added, reported per market and summed
  3. 03The total split by segment and price tier, with the share already held beside it
  4. 04The dated capture behind any count worth tracing

Talk to the Rwazi team

Tell us the category and the markets, and we will count the total from purchase.

FAQ

Market size questions

01 What is TAM SAM SOM?
Three nested figures. TAM is the whole category, counted as buyers times what they pay. SAM, the serviceable addressable market, is the part reachable through the channels and price tiers a company can serve. SOM, the serviceable obtainable market, is the part winnable against the players already holding it. Each step needs separate evidence.
02 What is a total addressable market?
Total addressable market is the full revenue available for a category across the markets a company names, if it reached the whole category there. It sets the ceiling a plan argues against. Sena builds it upward from recorded purchases in the consumer network, scaled to the market's buyer base, and reports the scaling step alongside the total.
03 What is TAM in business?
TAM is the shorthand for total addressable market, the ceiling on what a category could return before any limits of reach or competition apply. Teams use it to judge whether an opportunity justifies the capital. Its value depends entirely on how the category boundary was drawn, since that boundary sets the denominator.
04 How to calculate total addressable market?
Two directions exist. Downward multiplies a published category figure by an assumed penetration rate, which puts the whole answer inside one percentage. Upward counts the buyers in each market and adds what they paid. Sena runs the upward count, fixing the category boundary and the period first so two cycles compare.
05 What is a serviceable addressable market?
The serviceable addressable market is the portion of the total a company could reach today, given the channels it sells through, the price tiers it covers, and the markets it operates in. It sits below TAM and above SOM. Sena narrows to it using outlet type and price tier read off captures in each market.
06 What is the serviceable obtainable market?
The serviceable obtainable market is the share a company could realistically win inside its serviceable market, given the players already holding that spend. It is the figure a plan commits against. Sena bounds it by reporting the recorded share per player in each market, so headroom arrives with the ceiling.
07 What is an addressable market?
Addressable market describes any portion of demand a company could serve, and the term needs a qualifier to mean something precise. Total addressable market is the full category. Serviceable addressable market is the reachable part. Used alone, the phrase usually means the first, and the boundary drawn around the category decides its value.
08 What is total addressable market analysis?
Total addressable market analysis sets the boundary, counts the buyers, adds the spend, then splits the result into parts a plan can act on. The method matters more than the headline figure, since a repeatable count lets two cycles compare. Sena fixes the boundary, the period, and the market list constant across every run.
09 What data does Sena use to size a category?
Zero-party data, shared directly and on purpose by people in that market, drawn from a 5M+ consumer network under explicit consent, across 190+ countries. Sena sets it beside store captures from real outlets, which supply the prices the count multiplies, then beside the team's own volume through 250+ integrations.