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Business

Getting Started with Industry Research

  • Industries exist on a continuum from very broad (retail) to niche (customized gift baskets). Many sources are biased towards broader industries.
  • The same industry can be described in many different ways, depending on the source! Take note of alternate ways your industry is described. (Examples: Jos. A. Bank could be said to be in the clothing, apparel, or menswear industry.)
  • Does your industry sell its products/services to businesses in other industries (B2B)? Those industries would well be worth researching too.
  • Do you need information that is local, regional, US-based, global? This will affect where you need to look for info and the amount of info you find.
  • There is a synergy between company and industry information. Detailed company information will often yield useful nuggets of industry information.
  • Use and understand Industry Codes as needed...

Industry Profiles - First places to look

Other Good Sources of Industry Information