The Internet provides access to a wide variety of different
types of secondary data that can be used by firms to analyze
customers and competitors. Below are brief descriptions
of several categories of secondary data, with links to detailed
explanations of how to access and use many of these sources.
Demographics are simply the characteristics of a given population.
Specific demographic dimensions include sex, age, income, occupation,
education, household size, and stage in the family life cycle.
Marketers study demographic dimensions of the general population
in order to group or segment those types of potential customers
that are most likely to benefit from their product-line. Perhaps
the biggest supplier of demographic data is the U.S. Census Bureau.
Periodical articles can be a great source of product, marketing,
and industry information. (Periodicals refer to magazines, journals,
and newspapers.) In what ways has your industry been making the
news? Is the brand name that you're researching undergoing an
image overhall? What new marketing tactics have your competitors
been employing? What is the outlook for your industry in the
years ahead? These are just a few of the types of questions that
can often be answered in periodical articles.
Although we are living in an electronic age, there is still
much information that can only or best be found in print resources
or books.
There are many worthwhile and valuable marketing related sites
popping up on the Internet. Check out this list for some quality
sites worth visiting.
Look here for additional electronic resources pertaining to
marketing. These databases are only available to paid subscribers.