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Business searching for engineering 185 fri am power point april 17 2015
- 1. STRATEGIES AND SOURCES FOR LOCATING BUSINESS INFORMATION Art of Engineering Endeavors/Engineering 185 April 17, 2015 Michael Oppenheim http://www.library.ucla.edu/content/michael-r-oppenheim
- 2. TODAY’S TALK: Developing an efficient business research strategy Sample Product Research Strategies Using the interactive UCLA LibGuide Business Information for Engineers Getting to the UCLA Rosenfeld Management Library online Finding Industry and Company Information Finding Information about the Market(s) and Consumers Finding Government Information about consumers about regulations and product safety Following up after today
- 3. Online “Handout” for Engineering 185: http://guides.library.ucla.edu/businessforengineers
- 4. http://www.anderson.ucla.edu/rosenfeld-library/databases/business-databases-by-category UCLA or UC = Entire UCLA community may use in person in any UCLA library, or remotely by using the UCLA VPN or the Bruin Online Proxy Serve Anderson = Available only to current holders of Anderson School Network accounts (and also not available on any public workstations)
- 6. DEFINING AND CLASSIFYING AN INDUSTRY North American Industry Cla – 1997 to current SIC Code – 1937 through 1987 and still in use Look up a product/service/industry to identify its 4-digit (SIC) or 6-digit (NAICS) code number; use it as an indexing “term” (or “tag”) in databases and directories
- 9. Use IBISWorld to find current, 30- to 50-page industry reports using standardized NAICS and/or SIC industry classification code numbers, OR keywords, as shown by the report illustrated below:
- 11. Also Available in IBISWorld: What Drives Demand for Your Product? Access “US Business Environment Profiles” from the “Industry Risk Ratings Tab”
- 12. MarketLine Advantage Reports special features: “SWOT” (companies) and “Five Forces” (industries) Analyses Access this content through links provided on the “Business Information for Engineers” LibGuide: At the “Company Information” Tab: At the “Industry Information” Tab:
- 14. MarketLine Advantage Industry Reports Special Feature: “Five Forces Analysis:
- 16. Get a MarketLine Report for a Company You May Already Be Considering example: Philips Healthcare
- 17. Typical MarketLine Company Report Features illustrations from: Philips Healthcare report
- 18. FINDING INFORMATION ABOUT THE MARKET FOR YOUR PRODUCT• Who’s making the product, or something like it? • Who’s buying it, or who is likely to buy your similar product? • “Market” and “Industry” are often interchangeable terms—check out both Industry Information databases and Market Research databases
- 19. Business Source Complete (aka “EBSCOHost”) “Thesaurus” = guide to official, consistently-used subject/concept indexing terms
- 20. Using the Subject Thesaurus in Business Source Complete
- 21. Business Source Complete Search Results Limits already applied to the results:
- 22. Main Search Screen for Factiva Click on “Examples” for search tips and tricks Open these up to take advantage of “Intelligent Indexing”
- 23. Factiva: Using “Intelligent Indexing” to “Pre-Filter” (or to post-filter) a Search It’s okay to leave this blank, if you like! Applying “Intelligent Indexing” filters
- 24. Factiva: Results Screen The “Discovery Pane” visually mines the contents of the results
- 26. MarketResearch.com Academic “Real-World” Market Research Reports
- 27. SimplyMap Quantify and Analyze U.S. Consumers and Their Buying Potential Two ways to use SimplyMap: 1.Create your own account, to be able to save your work, or.. 2.Just log in anonymously, and take your work with you when you’re finished
- 28. SimplyMap - Map, Chart, and Rank U.S. Demographic and Psychographic Data “Where are Americans most receptive to high tech products, ranked state by state?” Data source: ExperianSimmonsLOCAL For specialized, in-depth assistance, contact the SimplyMap Helpdesk by clicking on the Support tab in the far left lower corner of each screen
- 30. U.S. Census Data via American FactFinder: The Foundation for Demographic Information About Americans
- 31. Use the ACS to Update Data Between Decennial Census Counts
- 34. Electronic Code of Federal Regulations “Simple Search” by Keyword(s)
- 35. “Is My Type of Product Regulated by the CPSC?” Look Here in Addition to the Code of Federal Regulations “Regulations, Mandatory Standards and Bans” Products Regulated by Other Government Agencies: http://www.cpsc.gov/federal.html One major example: Medical Devices, regulated by the FDA see http://www.fda.gov/medicaldevices/
- 36. U.S. Consumer Product Safety Commission
- 38. Following-Up …. For Future Questions: Today’s librarian: Michael Oppenheim ~ moppenhe@library.ucla.edu Consult a Business Librarian
Editor's Notes
- Back on our “Databases Best For” Web page, the “Market Research” category is where you’ll find databases that include market research reports (note that no more than two in each categroy are restricted to use by the Anderson School only). MarketResearch.com Academic provides genuine, full-text market research reports that cover products, services, and types of consumers—that is, people categorized by age, or by sex, or by specific interests. And I especially want to recommend one of our newest, and already most popular, databases, IBISWorld industry market research, which covers 97% of all U.S. industry.
- I also want to tell you about IBISWorld industry reports.
- How to drill down into an IBISWorld report
- Here I’m proceeding on the assumption that it’s correct to classify the product in the category of “household appliances.” MarketLine provides detailed analyses and overviews of both industries and companies, and its coverage is worldwide. “Browse by Industry” can be a quick and easy way to focus on the industry relevant to your research.
- Here’s a sample Industry Profile title page. “Datamonitor” is the name of the international market research firm that produces these reports.
- MarketLine also provides profiles of companies, both for the United States and for scores of countries around the world.
- Features of a typical company report in MarketLine: reports on the biggest companies usually have a SWOT analysis. This is an analysis of a company’s Strenghts, Weaknesses, Opportunities, and Threats. Understanding how these factors may impact a large company and its products or services can be applicable to a much smaller enterprise, as well. All company reports also identify competitors. SWOT analyses for competitor can suggest still more points to consider—or watch out for—in developing and marketing your product.
- Business Source Complete is the major database source for finding articles in business magazines and journals. Start by using the Thesaurus to find subject terms used for indexing articles.
- Here’s how to find the right subject indexing terms to use to find articles about the kitchen appliances industry.
- MarketResearch.com Academic contains actual market research reports—publications that can cost multi-thousands of dollars apiece, and more, in the real world. You can browse by categories, or use the “Advanced Search” to look for specific words and phrases anywhere in the texts of the reports.
- A sample of market research reports in MarketResearch.com Academic in the “Demographics” category.
- For government regulations controlling the manufacturing of products—see the Code of Federal Regulations.
- Recall and product safety news is published on a regularly updated basis.
- Back on the Rosenfeld Library Home page—the margin on the far left. Click on “Services,” then on “Consult a Librarian,” and see how to get further help from us, either in person or by phone, or via email. Also shown are Spring Quarter 2012 hours.