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Market Research Tools - BUSN 1510: Market and Industry Analysis

Learn how to conduct market research using the Hennepin Tech Library and other internet tools.

Market and Industry Analysis Considerations

Market and Industry Analysis

Consider the following:

  • Industry description and outlook, including:
    • Trends
    • Threats
    • Major players
    • Growth rates
    • Sales data
    • Major customer groups within the industry
  • Market size of your defined geographic area, including:
    • Current market share percentage
    • Number of customers you expect to gain in your defined geographic area.

What's Your NAICS Code?

Find your NAICS code!

You can search for industry news and information in Business Source Premier using the current NAICS code assigned to your industry.

NAICS Code Search

Tip: Enter simple keywords into the search box.  Examples: restaurant, hair, photography.

Business Source Premier for Industry Profiles

Industry Profiles

The HTC Library's Business Source Premier database is a great place to locate indusry profiles, which include a description of the current state of the industry and outlooks for that industry.

To find industry profiles, first access the Business Source Premier database (linked here), then follow the steps below.

  1. Click the Search Options link, below the search box.
  2. In the Publication Type menu, select Industry Profiles
  3. In the search box, type a keyword or two related to your industry.

How to search for industry profiles in Business Source Premier

Next, use the limits on the left side of your search results to find only full-text industry Profiles within the United States.

  1. Click the Full Text checkbox
  2. Click the Geography heading and select United States

 Results of industry profile search, limiting to Full-Text and United States.

Business Source Premier for Industry and Investment News

Reviewing industry news articles from business and trade journals can keep you updated on current trends and happenings within your potential market or industry. Use the Business Source Premier database to search for Industry News using a Keyword search or an NAICS code search.

Industry News - Keyword Search

Within the Business Source Premier database, use the search box and enter keywords that describe your industry.  It helps to keep these keywords simple. 

Example: Coffee AND Industry


Then use the expandable menu options on the left side of your results to narrow your search to specific source types, subjects, dates etc.

Searching Business Source Premier for Industry news (Keyword search)

 

Industry News - NAICS Code Search

If you know the NAICS code for your industry, you can also use the NAICS code to find industry news articles in Business Source Premier.

Use the steps below to learn how:

  1. Within Business Source Premier, click the Advanced Search link below the search box.
  2. Select IC NAICS Code or Description from the drop-down menu to the right of the first search box.
  3. Enter your NAICS Code in the search box and click Search.
  4. Use the options on the left side of your results secreen to narrow your search to specific source types, subjects, dates, etc.

Finding Industry News in Business Source Premier with an NAICS code search.