Digitas

  www.digitaslbi.com
  www.digitaslbi.com

Interview Question

Analyst Interview

Sizing Question: How many barbershops in America?

Tags:
analytical, sizing
Answer

Interview Answer

1 Answer

3

Look at this from a demand perspective:

300 mi American; 1/2 are men = 150 mil; say 1/3 don't go to barbers (bald, like long hair, "too good" for a barber, etc.) = 100 mil; 10 haircuts a year (round estimate) = 1 bil haircuts; each barber can handle say 10 (or other reasonable number) of haircuts a day = 3650 haircuts/barber; 1 bil haircuts demand/3650 for each barber = total number of barbers needed. (You probably don't have to do the math.)

Interview Candidate on Feb 21, 2011

Add Answers or Comments

To comment on this, Sign In or Sign Up.