Guide to Industry Information Using Only the Internet

at the Ithaca College Library


Phone: (607)-274-3890
reference@ithaca.edu
Ithaca College Library

This guide is intended to assist the user in finding information on various industries using only sources found on the Internet. It is not intended to be all inclusvive. If there are questions which this guide can not answer, either try the guide entitled, Finding Industry Information in the Ithaca College Library or contact a Public Services Librarian at 274-3890 These are merely suggested starting points; use the library catalog, indexes and other resources to identify additional materials. Books or articles not available on campus may be obtained by Interlibrary Loan.

Search Strategy Industry Overviews & News Associations Trade Shows Government Sources Legal & Regulatory Information Newsgroups Experts & Research Reports


SEARCH STRATEGY AND TYPES OF RESOURCES

1) DETERMINE WHAT YOU NEED TO KNOW.

Need or end-user usually determines sophistication of information. Ask who is the ultimate recipient of the research and what is it being used for? Will it be for self-knowledge, a presentation, a report, etc.

  • Conduct a brainstorming session if possible.
  • Write down all information which you might want to know. (Blackboard, notepad, computer, etc.)
  • Write down all questions or ideas no matter how trivial or "stupid" they may seem at the time.
  • Try to organize the questions into categories. (marketing, new products, etc.)

Questions usually asked in an industry analysis (not all inclusive).

Basic facts

Current and future state of the industry

  • News Trends and forecasts
    • Where is the industry now?
    • Where might it be in 3-6 months vs 1-3 years?
    • Is the industry in a growth or retreat mode?
  • Domestic vs International Markets
    • Is the industry strong or weak domestically vs overseas?
    • Where does the industry make most of its profit?
  • Technology issues-
    • Is the industry technologically driven?
    • How is it effected by the Internet?
  • Legal and regulatory issues
    • What are the current or future regulatory and legal issues which might effect the industry?
    • What are the major state, federal or international bodies which might have influence?
    • Are there any possible pending bills or regulations which might have a significant impact?
  • Market Share.
    • Who are the dominant players? Why?
    • What size of the market do they own or influence?
  • Innovations/New Products
  • Information Dissemination-What vehicles are used to disseminate information?
    • Major PR and media for the industry including wire services, trade publications.
    • Industry Associations
    • Trade Shows/Conventions
    • Government Information

Determine possible limitations or problems to conducting research if possible.

These can be time, money, skill of researchers, availability of information. May not be determinable until research is actually conducted.

2A) DETERMINE SUBJECT HEADINGS/KEYWORDS/INDUSTRY TERMINOLOGY

THESE ARE THE KEY TO UNLOCKING THE INFORMATION STORAGE CLOSET!

Make sure to think broadly then later you can refine and narrow your search.

Use the language of the industry that you are researching. If unsure of terminology, consult dictionaries, encyclopedias, thesauri or contact experts or personnel in the industry.

Use synonyms if possible.

Try breaking the question(s) down into their simplest and most basic components if possible. 

An example is as follows: You are asked to find information about the automobile industry and upcoming regulatory or legislative issues which might impact the industry

Try the following possible subject headings after breaking down the question into simplest components:

automobile industry, automobiles, motor vehicles, cars, sport utility vehicles, trucks

laws, legislation, regulation, legal

Combine these terms using the Boolean connectors OR and AND 

automobile industry OR automobiles OR motor vehicles OR cars OR sport utility vehicles OR trucks

AND

laws OR legislation OR regulation OR legal 

2B) MATCH QUESTIONS TO TYPES OF SOURCES WHICH MAY PROVIDE ANSWERS

  • Attempt to match each question to type(s) of source(s) which might answer them. (See Types of Reference Sources Chart below)
  • Example: You need to find out the major publications in an industry in order to look at advertising/marketing of new products in that industry.
    • Sources which might help (from the list below) could be Industry Associations, Media Source Directories, News Sources to find out which publications are disseminating information.

 

TYPES OF REFERENCE SOURCES

SOURCES

NOTES ON SOURCES

News Sources

wire services, PR releases, newspapers, magazines, trade publications

Electronic Databases

not usually free over the Internet

Government Sources

local, state and federal levels. Also foreign countries and international organizations

Industry Associations

promote, publish newsletters & statistics, lobby concerning issues of interest to membership especially legal or regulatory, set standards, trade shows and conventions, directories of members

Experts

can be used as consultants

Listservs, discussion & usenet groups

often a place to check public opinion, new trends & forecasts, find experts. "Take all with a critical eye/ear". Good place to post questions, conduct surveys, promote products, services, etc.

Market Research Reports/Wall Street Analyst Reports

usually not found in entirety on Web. Can be identified. Sometimes one can locate tables of contents, some statistics and text. Usually expensive.

Trade Shows, Expos, Conventions

good place to make contacts, see new products/services, concentrated audience, obtain trade literature, attend discussions, training. See trends, etc.

Industry Specific Directories

Identify Companies, statistics, associations, publications

Media Source Directories/Media Kits

Identify industry specific publications such as magazines, newsletters, directories. Media kits give advertising/marketing information on a particular publication including subscription info. , advertising rates and an editorial calendar. Also included many times are profiles of readership, etc.

Chambers of Commerce/Bds. of Trade

Sometimes have contacts, can arrange meetings, etc.

Dictionaries, encyclopedias, thesauri

Can help define terms, give synonyms, clarify concepts

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 INDUSTRY OVERVIEWS AND NEWS

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ASSOCIATIONS/CHAMBERS OF COMMERCE/BOARDS OF TRADE

 Associations are often a valuable asset in finding information. They are usually made up of companies or individuals who have an interest in or are employees of a particular industry. they may also be made up of individuals who have a certain hobby, interest or avocation. Many of these associations publish statistics, reports and directories of membership, have annual meetings or trade shows and conventions, etc. They may also have strong lobbying representatives or interests so are aware of legal/regulatory issues which may effect their industry. Much of the information that they disseminate is free or of relatively low cost.

Many organizations will have a .org extension after their names if they have a website.

You might if you already know the name of an organization try to search for it using Google, Excite, or AltaVista

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TRADE SHOWS, CONVENTIONS & SEMINARS

  • TSNN-Trade shows, but also Seminars & conferences and Conventions & meetings for all types of organizations.
  • Seminar Finder- helps you professional seminars, continuing education courses and Web based training (WBT) programs, on a variety of topics, in cities throughout the world.  
  • TechWeb Calendar-Information Technology Events
  • Expo-Point
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GOVERNMENT SOURCES

A wide range of information is published by various government bodies ranging from states to national and international governments and organizations. Some useful finding tools to this information may be found at the following sites.

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LEGAL AND REGULATORY INFORMATION

 Industries often have to abide by certain state and federal laws and regulations. If one knows what the current and possible future laws & regulations are, it may help in understanding and predicting how they might impact the industry. To help find these laws and regulations try some of the following:

  • Thomas -bills, laws and pending legislation from the United States Congress
  • U.S. Code-actual U.S. laws.
  • Code of Federal Regulations -regulations set forth by various governmental bodies such as the FCC, FDA,etc.
  • Federal Register via GPO Access. The Federal Register is the official daily publication for Rules, Proposed Rules, and Notices of Federal agencies and organizations, as well as Executive Orders and other Presidential Documents.
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Newsgroups

 It is sometimes useful to research public opinion on companies and competitors. These sites allow you to search newsgroups and some mailing lists for discussions about companies and their products. 

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EXPERTS/SPEAKERS 

  • Speakers.com
  • Experts.com resource for a rich variety of Experts who are also Authors, Consultants, Spokespersons and experienced Expert Witnesses.
 

MARKET RESEARCH REPORTS/ANALYST REPORTS

The following links do not give actual reports, but identify companies which publish and distribute them.

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Author: James Bondra
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Last updated on July 12, 2004