Consider the existing industry and its major corporate players. Several sources are available to find industry profiles, including IBISWorld and Mergent Archives. Some competitive intelligence may be called for to learn about other companies marketing similar products. Company information sources can give you insights into market share and SWOT analysis of competitors. Also consider looking for case studies of successful brands.
Articles in the business press are likely to give you insights into a industry's current outlook, trends, major players and factors such as legislation that might impact industry operations. ABI/Inform and Business Source Premier are databases in which you'll find articles from newspapers, magazines and journals that cover business topics. These sources can also be used to find articles on topics such as marketing research and branding strategy.
Demographic data can help identify potential target markets of customers based on their preferences, income and spending habits. The Bureau of Labor Statistics publishes a Consumer Expenditure Survey of US consumer spending habits. Passport: Global Market Information Database contains statistics on consumers around the world. Many print resources are also available.
Quick links to several of our most popular business databases, for when you already know where to start.
For a comprehensive list of SLU's subscription databases, please see the library A-Z Database List.