Shoes in USA

Clarify question

• None. Considering all types of shoes - sports, school, casual, formal

‍

Required numbers

• Total population of US
• How many new shoes per year one person buys
• Days per year

‍

Estimating the numbers

• Total population of US = 330 million
• Developed Countries Rate is 6 pair of shoes per person per year. World average is about 3.
• Days per year = 365

‍

Estimate with equation

• Pair of shoes sold per day in US = Population * Shoes per person per year / Days per year
• = 330 * 6 / 365 = 5.4 million shoes are sold every day

‍

State your assumptions

• I assumed 6 pair of shoes per person per year

‍

Sense Check

• Compare with known news. You read an article that an average American owns at least 10-15 shoes.
• If say they recycle a shoe every 3 years, that will work out to about 5 shoes per year. Our estimate of 6 looks fine.

‍