Morris County Library > Reference > Market research
Market Research
Demographic data
Who are your customers? Where do they live? Can they afford to buy your products? This information is essential to your market plan. Census data is free and readily available on the Internet.
Government statistics & reports
Our federal government reports domestic industry data by Standard Industrial Classification code (SIC). This four digit numbering system is revised periodically to accomodate new industries and technology. The SIC is also used by commercial publishers (Dun & Bradstreet, Standard & Poor's and many popular business databases) to report market data. If you are currently following a specific industry, you need to know that the current four digit SIC code is being replaced by the new
North American Industry Classification System (NAICS). For the time being, you can still use the 1987 SICs.
U.S. Census Bureau Home Page
.....more than people information! search by keyword or browse by topic
FedStats (Federal Interagency Council on Statistical Policy)
.....quick access to statistical data reported by 70 federal agencies
Statistical Abstract of the United States
.....best place to begin searching for basic economic, trade and consumer data
County Business Patterns (U.S. Department of Commerce)
.....number and size of establishments, arranged by SIC Codes; national and state reports available
Industry data
Access to data gathered by trade associations varies. Some organizations offer extensive databases of free information, others limit data access to their paid membership. Your public library can help you identify major associations (and their URLs) by subject.
Competition
Which companies are engaged in the same business & where do they rank?
Business Rankings Annual , annual compilation of company rankings [book]
Reference USA , compile target lists of companies by industry, size and location [database] available from home (library card required)
Wards Business Directory , companies ranked by SIC/sales; total U.S. and by individual states [book]
[NOTE: our library owns several industry-specific directories which list companies and products. Please ask the reference librarians for assistance.]
News
Need to track industry trends? Recent mergers? New products? MCL offers several excellent databases covering trade journals, consumer magazines and newspapers. You can access several
databases from home . Many articles are available full-text. Need more?
Business News New Jersey
.....Searchable archives back to 1988...type in telecommunications or office space...MCL owns back issues or you can purchase reprints directly from the publisher
PR Newswire
.....read latest events in the hottest industries
Patents
.....search by company, inventor, classification or keyword
Yahoo! Industry News
.....latest developments culled from current sources
Yahoo!list of trade magazines
.....scan current headlines...or...search the archives for background information
Consumer trends & opinions
Consumer trends can best be tracked through newspapers and magazines. Commercial surveys, academic studies and opinion polls are often cited in general consumer and trade publications.
Advertising Age .....searchable archive dates back to 1995...dataplace rankings offer popular charts
Adweek .....also current articles from Mediaweek and Brandweek
American Demographics .....searchable from home , many articles available full-text.
GoogleGroups .....newsgroup postings are full-text and keyword searchable (try shampoo and favorite)
PollingReport.com ...latest results on politics, business & the American scene
Public Opinion Poll Database .....free data from Louis Harris and other major polling organizations...simply fill out the form!
Try our web pages on:company information international trade small business start-up investment tools
Questions?
http://www.mclib.info/ref/market.html © Morris County Library 1996 21 July 2008