Serviceable Obtainable Market
Also called SOM
Serviceable obtainable market: the share of your serviceable market you can realistically win in the near term, given competition and your resources. The smallest, most concrete number.
Why it matters
SOM is what you can actually go get, so it drives near-term targets and plans more usefully than the bigger numbers. A credible SOM shows you have thought realistically about competition and execution, not just market fantasy.
For example
Given its team and competition, the startup realistically expects to win 2,000 of those companies in two years, its serviceable obtainable market.
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Related terms
Also in Starting Up
See how founders actually handle this on Growing and marketing, part of the Starting Up hub.