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Marketing Research Guide: Industry Research

This guide is intended to help you successfully complete marketing research projects in BADM 370, BADM 476 and other courses by providing specific paths to the kinds of information you will need to complete course assignments.

Introduction to Industry Research

Industry Research

Start by finding an "industry profile" - section 2!

An industry profile is a report about an industry that pulls together lots of information in a single document. It will provide many of the answers needed to complete assignments regarding an industry.

To find your industry, go to section 3!

Here you will enter your product name using one or two words to describe the product - this will help to identify the industry.

The search will provide words and NAICs code that you can use to search for the industry profile in other sources.

  • Then you can use additional industry research sources to fill in the gaps in your knowledge that still remain.

On this page, you will find the following information:

II. Find industry profile or description of industry

III. Understand and find NAICS codes

IV. Find current news about an industry

V. Find top-ranked companies within an industry

VI. Find investment news about an industry

 

Find current news about an industry

Find current news about an industry

Current news is found in sources that are published frequently such as magazine and journal articles.

"Trade magazines" are particularly useful because their target audiences are people involved in specific trade/manufacturing groups (for example, soft drinks or electronics).


Why use these tools? 

Current news is needed to update information found in industry profiles -- including events that might affect investment decisions and new developments or trends in the industry that impact marketing.

 

Business Source Premier

METHOD 1. SEARCH BY KEYWORD

1. Link to Business Source Premier

2. Enter terms that describe the industry. For example, type: beverage* AND industry

3. On the results screen, you can use the choose a particular "source type" on the left side -- such as "academic journals" or "trade publications."

4. You may want to narrow your search by going to the left navigation area and limiting by subject or limiting by one of the other categories to further refine your search.
 

METHOD 2.   NAICS CODE SEARCH.

1. Link to Business Source Premier

2.  Click on the link to "Advanced Search."  

3.  Use the "Select a field" dropdown menu to select a NAICS search.

Then enter the NAICS code in the search box to the left.  

Place an asterisk immediately after the NAICS code. For example:  44411*

4. After doing the search, try using filters on the left side of the screen to limit to trade journals (or use other filters as needed).

5. You may also change the sort order from Relevance to Date to get the most recent articles to show at the top of the results.

ABI INFORM

METHOD 1.  WORD SEARCH

1. Link to ABI INFORM

2. Enter terms that describe the industry. For example, type: beverage* AND industry

3. On the results screen, you can use the choose a particular "source type" on the left side -- such as "trade publications."

4. You may want to narrow your search by going to the left navigation area and limiting by subject or limiting by one of the other categories to further refine your search.

5. You may want to change the sort order from Relevance to Publication Date (most recent first).

METHOD 2.   NAICS CODE SEARCH.

1. Link to  ABI INFORM.

2.  Click on the link to "Advanced Search."  

3.  Use the dropdown menu to the right of the search box to select a NAICS search.  

Then enter the NAICS code in the search box to the left.  

Place an asterisk immediately after the NAICS code. For example:  44411*

4. After doing the search, you may want to use the filter options on the left side of the screen to limit to trade journals (or use other filters as needed).

5. You may want to change the sort order from Relevance to Publication Date (most recent first).

V. Find top-ranked companies within an industry

Find rankings of companies and brands

Here, find market share or business ranking for top-ranked companies, brands, and products within an industry.

HEADS-UP:

  • These sources provide business rankings or market share based on various criteria.
  • Find top brands for a particular product type; find top companies for a particular product type or within a particular industry.
  • Search for a product, brand, company, or industry.


Search both Market Share Reporter and Business Rankings Annual

at one time using Gale Directory

or

Search Market Share Reporter and Business Rankings Annual individually.

VI. Find investment news about an industry

STEP-BY-STEP INSTRUCTIONS

Find investment news with the following business research databases.

Use these methods to find information relevant to investing in either or both of the databases that are listed above.

1. METHOD 1.  Look for information relevant to investment in an industry profile.

a. See section II above to learn how to find an Industry Profile in Business Source Premier and in ABI INFORM.

b. When you've found a profile, look in it for forecasts regarding market share, financials,etc.

2. METHOD 2.  Search for trade journal articles related to investment.

a. Go to Business Source Premier or to ABI-INFORM .

b. In the search box, combine the name of the industry with investing or investment.

For example, type:
"soft drinks" AND industry AND invest"

Find industry profile or description of industry

Use the following databases and sources to locate industry profiles

Remember!

An industry profile is a report about an industry that pulls together lots of information in a single document.

It will provide many of the answers needed to complete your writing surrounding an industry.

 

 

Instructions for databases:

MarketLine

1. Go to MarketLine using the database link above.

2. Search for an industry name or browse industries using the industries browse link below the search box.

3. You may need to refine or limit the search results by geography or using other limit options in MarketLine.

4. When you click on an industry report, you can use the Table of Contents at the top of the window to select a specific section of the report.  OR download the full report using the download button near the top. 

5. Reports are typically around 40 pages long and include a wealth of information such as background, leading companies, market data, Five Forces analysis, and more.


ABI INFORM Complete

1. Go to ABI INFORM Complete using the database links above. 

2. To find an industry profile, go to  "Advanced Search."

3. Below the search box, find "More options" and in the "document type" section, select "Industry Reports."

4. In the search box, type the name of the industry being searched, and click the Search button.

5. You may need to include the geographic location (e.g. united states) in the search. Or use the Location filter on the left side of the search results to select the geographical location that you want.

6. You may need to change the sort order from "relevance" to "most recent first" to get the most recent reports at the top of the results list.  

7. Start first with the "First Research" industry profiles. Use the "Publication Title" options on the left side of the results screen to select "First Research Industry Profiles." Other reports may also be useful.


Business Source Premier

1. Go to Business Source Premier using the database links above.

2. To find an industry profile, click on "Search options" right below the search box.

3. In the Publication Type dropdown menu, select "industry profile."

4. Then enter search terms in search box that describe the industry and click the Search button.

5. Explore the resulting articles and profiles.

6. You may need to go to the left navigation area of the page and find the "Geography" section to limit your results to the United States.

7. Items are displayed in "relevance" order, so you may want switch the sort order from "Relevance Sort" to "Date descending sort" to get the most recent articles/profiles at the top of the list.

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