Investigate your Industry, Customer, Competitors: Secondary Market Research via Library Databases Ryan Splenda Business & Economics Librarian rsplenda@andrew.cmu.edu.

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Presentation transcript:

Investigate your Industry, Customer, Competitors: Secondary Market Research via Library Databases Ryan Splenda Business & Economics Librarian rsplenda@andrew.cmu.edu

Why secondary? Deep background and history Others have done the work for you Data-rich Less expensive in time and $$ Wide range of perspectives For instance, for millennials, many surveys already exist. Trade organizations always surveying their membership. Analysts, journalists, researchers

What are you looking for? Data, statistics Analysis Trends and projections More ideas ABOUT Your customers Your industry Your competitors Basically, whether this could be “a big problem with a big market”

Where can you find it? Google can lead you to: Commercial market research reports Professional organizations, industry associations Survey research Governments NGO’s Public records, patents Conferences, presentations, trade shows Company websites, catalogs, literature, investor materials Academic research Gallup, Pew, Harris, Nielsen,

Where can you find it 2? But I’m going to lead you to: LIBRARY DATABASES Which have much of the above, But easier to get to And free to you

How do you get to them? Any library web page – http://www.library.cmu.edu/ Research databases list Research guides Online catalog If you’re not at CMU -

Competitor Intelligence Industry Analysis Customer Discovery Competitor Intelligence

Databases for Industry Analysis will tell you Market size Industry performance Trends and projections Supply chain Barriers to entry Also about your customers and competitors

Databases for Customer Discovery will tell you Demographics Psychographics – opinions, attitudes, lifestyles Technographics How to identify, locate, and describe your potential customers

Data from Mediamark

ReferenceUSA – US Consumers/Lifestyles

Databases for Competitor Intelligence will tell you: Who are they? Where are they located? How are they doing? What do they offer your customers?

for startups

Business Source Premier – news and journal database

Books and e-Books

Guide to Entrepreneurship Research at CMU guides. library. cmu Guide to Entrepreneurship Research at CMU guides.library.cmu.edu/entrepreneurship

Questions??