Course material · Lesson 02 · How markets work

How much of your market is in-market this week?

Byron Sharp's finding, formalised by Dale Harrison, that roughly 5% of category buyers are actively in-market at any given moment is not a rule of thumb. It is a mathematical consequence of penetration and purchase frequency. Enter three numbers for your category and see the calculation run.

Your category inputs
Click the ? next to each field for guidance on where to find the number — and what to do if you don't have panel data.

Total households — where to find itTotal accounts — where to find it

National statistics offices (free, always the primary source):

  • Germany: Destatis — "Privathaushalte" (2024: 41.8M)
  • UK: Office for National Statistics — "Families and households"
  • France: INSEE — "Ménages"
  • Netherlands: CBS StatLine — "Huishoudens"
  • Spain: INE — "Encuesta continua de hogares"
  • USA: U.S. Census Bureau — "America's Families and Living Arrangements"
  • EU-wide: Eurostat — "Household composition"

For a specific segment (e.g., "urban households with kids under 12"), apply demographic filters at the same source.

B2B Business registers (free):

  • Germany: Destatis Unternehmensregister — filter by WZ-Kode + Beschäftigtenzahl
  • UK: ONS IDBR / Companies House
  • USA: U.S. Census SUSB — filter by NAICS + employee size
  • EU: Eurostat SBS (Structural Business Statistics)

Sales-tool account counts (paid, higher fidelity):

  • LinkedIn Sales Navigator, ZoomInfo, Apollo, Cognism — filter by industry, headcount, revenue, tech stack
  • Trade association member lists for tightly defined verticals

For enterprise-only segments (Fortune 500, DAX 40): use published lists directly. This is often only a few hundred accounts — a very different game from B2C.

Category penetration — where to find it

Best sources (paid — the gold standard):

  • Household panels: GfK Consumer Panel, NielsenIQ Homescan, Kantar Worldpanel, Circana (US) — measure who actually bought, not who says they did
  • Category reports: Statista Consumer Insights, Mintel, Euromonitor
  • Trade associations: BVE / BVLH (DE food), IRI, ProVeg (categories they cover)

Free proxies:

  • Eurobarometer, Ernährungsreport (BMEL, DE), USDA ERS food-availability data
  • Government consumption surveys (INSEE Enquête Budget de Famille, ONS Living Costs and Food Survey)

If you have no external data: use your own POS data — your brand's buying households ÷ TAM = your penetration. Divide by your market share estimate to back into category penetration. Flag as estimate.

B2B Category penetration is rarely available syndicated. Best sources: (1) your CRM — customer accounts ÷ addressable accounts at the category level (you + top competitors combined); (2) Gartner / Forrester / IDC adoption studies; (3) LinkedIn B2B Institute research on horizontal categories.

Purchase frequency W — where to find it

Same panel providers as penetration (GfK, Kantar, NielsenIQ, Circana). Ask for "average annual purchase frequency among category buyers."

Free proxy: your own repeat-buyer data. If 40% of your buyers return within 6 weeks, W ≈ 8–9 in that segment.

Category benchmarks (rule of thumb):

  • Household staples (detergent, milk, bread): W = 20–40
  • Everyday food (yogurt, cereal, snacks): W = 8–15
  • Occasional food (specialty, treats): W = 3–8
  • Personal care (shampoo, deodorant): W = 4–10
  • Big-ticket household (appliances, furniture): W = 0.1–1
  • Automotive (new car): W ≈ 0.15 (once every 6–7 years)

If W is below ~2, switch to B2B mode — long-cycle categories are more honestly modelled with contract-length and evaluation-window inputs than with fractional annual frequencies.

B2B Contract / purchase cycle — where to find it

Your own commercial data: average contract length or average purchase interval per account. If you sell 3-year enterprise SaaS deals, cycle = 36 months. If you sell annual renewals, cycle = 12 months.

Industry benchmarks:

  • Enterprise SaaS: 12–36 months (typical: 24)
  • SMB SaaS: 12 months (annual), 1 month (monthly, but treat penetration ≈ share of active accounts, not buyers-per-cycle)
  • Professional services / consulting: 3–12 months project cycle, then re-evaluation
  • Capital equipment / machinery: 5–10 years
  • Commercial real estate / office leases: 3–7 years
  • Marketing / advertising agencies (AOR): 24–36 months

Sources: Gartner Peer Insights, Capterra, G2 buyer reports; your own CRM close-won data; industry-specific analyst studies.

B2B Active evaluation window — where to find it

The window during which an account is actively in-market: from first serious inbound/outbound touch through to decision. Not the whole cycle — just the active-consideration period.

Your own commercial data: your sales-cycle length from opportunity created to closed-won/lost. This is the strongest signal you have.

Industry benchmarks:

  • SMB SaaS / self-serve: 2–8 weeks (≈ 0.5–2 months)
  • Mid-market SaaS: 2–6 months
  • Enterprise SaaS: 6–12 months
  • Capital equipment / RFP-driven: 6–18 months
  • Advertising agency review: 3–6 months

Reference: Gartner's B2B Buyer Journey research; John Dawes (Ehrenberg-Bass) for the LinkedIn B2B Institute has published cycle-length data for several horizontal B2B categories. The eval window ÷ cycle length ratio is what determines the in-market share.

Market state — stationary or growing?

The 95/5 rule is derived from the NBD-Dirichlet model, which assumes a stationary category — one where buyer population and purchase frequency are stable.

Stationary — penetration has moved ±2pp over the last 3 years, purchase frequency is stable, no cohort of first-time buyers entering.

Growing — penetration is climbing >3pp/year OR a significant new-buyer cohort is entering the category for the first time. In a growing category, the in-market pool can reach 25–35% (Harrison), because first-time buyers are all simultaneously "in market" forming their initial preferences.

How to check for your category:

  • Multi-year penetration trend from a panel provider (GfK, Kantar) or Statista
  • Google Trends 5-year search volume for category keywords — a rising baseline signals category growth
  • Total category revenue trend from trade sources vs population growth — real growth exceeds population + inflation

B2B Growing = a new category (early adoption phase, LLM tooling in 2023–25 for example) OR a category with regulatory disruption forcing simultaneous evaluations across the base (GDPR triggered this for privacy tech in 2018).

Weekly in-market share of TAM
5.2%
≈ 2.18 million households are actively buying in your category this week.
Purchase interval
every 6.2 weeks
Never-bought pool
27.5M households
In-market vs not-in-market
The active pool your performance advertising can reach — vs. everyone else.
Where all your householdsaccounts actually sit
Weekly buyers · annual buyers not active this week · never-bought pool.
What this means for how you allocate budget