Market research consists of data you collect yourself (primary research, such as surveys, interviews, focus groups, and observations) and secondary research, or research that already exists. To learn more about primary research, search in the library for terms like marketing research or business intelligence to find relevant books and e-books. You'll find recommended sources of secondary research throughout this guide, some only available in library databases and some freely available on the web.
Here is a Google Slideshow with an introduction to these topics.
Accessing ReferenceUSA through the Corvallis-Benton County Public Library
As an LBCC student, you have access to Corvallis-Benton County Public Library's (CBCPL) electronic resources. To use these, you must first have a card from CBCPL. To get a card (if you don't have one already), take your LBCC student ID to the desk at one of the CBCPL libraries and ask for help signing up.
An important business resource from Corvallis Public is ReferenceUSA, which is one of the best sources for information on very small, local, private companies. To get here (once you have your library card), look under the Business & Finance section of CBCPL's E-resources and click the ReferenceUSA link. Use the number on your CBCPL card (not your x number) to log in.
Finding Local Company Information through ReferenceUSA
Once you're logged in, click on the search button for US Businesses. Enter a company name and a city to find the owner, contact information, SIC/NAICS industry codes, expenditures, sales, and more.
Under Location Information, you can enter a number of miles in Radius Search, and then click on Find Similar to see nearby businesses in the same industry.
Research Consumer Segments in Reference USA
When you're logged into ReferenceUSA, go to U.S. Consumers/Lifestyles, and then go to Advanced Search.
Use the facets on the side (I suggest starting with the city you're interested in) to limit to your target demographics.
Click "View Results." This shows you all the people identified who meet the criteria of your search (it's not comprehensive).
You can go to Summary and identify further facets (age, income, marital status, etc.) you want to compare within your segment. View matrix, chart, or table to analyze the data. Learn more about consumer market research in this guide from ReferenceUSA.
Learn more from the ReferenceUSA Training Guides.
Michaela Willi Hooper
- OER and Textbook Affordability Librarian
- willihm@linnbenton.edu
- (541) 917- 4660
Find articles about your company and its competitors in regional and local news sources. This may be your best bet for external analysis if you're working with a private company!
The following local papers are available full text for the time period indicated: The Oregonian, 1987 - present; Corvallis Gazette-Times,1999-present; Albany Democrat-Herald, 1999-present
Includes full text coverage from several hundred U.S. and International newspapers as well as regional business publications.
If you're unfamiliar with a marketing term or concept, you might find this Marketing Dictionary from Monash University helpful, or review content in an OER like Principles of Marketing. If you get stuck, reach out to a librarian or an instructor! Sometimes certain information doesn't exist or costs a lot of money--librarians can help you figure out what's available to you as a student.
- Census Business Builder: Small Business Edition - 2.5
This interactive tool uses your target industry and zip code to generate a map and report based on available government data. - US Census Data
The Census Bureau is the leading source of quality data about the nation's people and economy. Search for a location and/or characteristics like age, sex, race/ethnicity, veteran status, language spoken, commuting habits, income, household makeup, and more. - Consumer Expenditure Survey
Survey data collected by the Bureau of Labor Statistics on the buying habits of American consumers, their expenditures, income, and consumer unit (families and single consumers) characteristics. - American Time Use Survey
Measures the amount of time people spend doing various activities, such as paid work, childcare, volunteering, and socializing.
- Pew Research Center
Pew Research Center is a nonpartisan fact tank that conducts public opinion polling, demographic research, media content analysis and other empirical social science research. Go to the Internet & Tech tab for data about internet and social media use. - Consumer Insights from Google Trends
Google shares select insights and reports based on its vast data on consumer behavior.
Company websites will likely provide information about a company's mission, goals, history, products, and more. There is likely to be more information about public companies than private companies. Public companies have a unique ticker symbol. They're required to file 10Ks (a summary of a company's performance) with the federal government, and they publish annual reports for investors, which may be on their websites. Information about private companies is probably self-reported.
- Crunchbase
Crunchbase is a platform for finding business information about private and public companies, including investments and funding information, founding members and individuals in leadership positions, mergers and acquisitions, news, and industry trends. Create an account for a two week trial of full access. - EDGAR Company Filings
Find 10Ks filed with the government for public companies.
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