GSM 5107: Marketing- Creating Satisfied Customers Fall 2014: Maltz & Langan http://library.willamette.edu/extras/classes/agsm/GSM5107.doc Librarian: Gary Klein x6743 E-mail: gklein@willamette.edu http://library.willamette.edu SECONDARY MARKETING RESEARCH IN THE HATFIELD LIBRARY 2 print resources found in Hatfield Library’s Reference Collection I have created clickable links that will show you the cover of these reference books, and a sample page that will demonstrate key features of these resources. The underlying resources are not online, but are available for use on the First Floor of the Hatfield Library. Since these are “reference books” they cannot be checked out from the Library. Market Share Reporter: (a 2 volume set in the reference collection) REF #HF/5410/.M35 Contains summaries of over 3,600 published market share reports from around the world. There are 5 major categories of reports reproduced in this resource: Corporate market shares; Institutional shares (by state, by region, or by type of provider); Brands names; Product, commodity, service of facility shares; and Public policy or governmental entities. All information was extracted from publicly distributed copies of the underlying data, and they are presented without any context from the associated articles or textual analysis. Published sources include professional & trade associations, local & regional newspapers, industry websites, corporate filings with the SEC, government agencies and independent marketing research firms. Some items are accompanied by pie charts or bar graphs. All entries spell out where the information came from, but sometimes a publication’s legal name seems to be lacking uniqueness, such as the magazine “Marketing” which does not where it is from. Some entries are so narrowly defined, that only one firm is named, such as “Leading Refrigerated Beverage Machine Makers in Australia, 2005”. You should also be aware of parenthetical statements, such as the growing number of entries that worn users when the underlying market shares exclude items sold by Wal-Mart. Business Rankings Annual: (a 2 volume set in the reference collection) REF #HG/4050/.B88 Very similar to the Market Share Reporter, but this focuses on rankings, rather than percent of market share. Citations to published articles typically include page numbers & issue dates. But web resources are typically shown with a generic URL, rather the specific source where the data was originally found. Typically shows the Top Ten for a category, but there are some items, such as “Largest Manufacturing Companies” in a country that only shows the Top Three. 2 online resources found in Hatfield Library’s Catalog Encyclopedia of Associations: If you can name it, then chances are rather good that this directory will list either a fan club, professional society, or a trade association that focuses energy on promoting that thing. Entries range from the American Marketing Association, to 3 different Elvis Presley fan clubs, to the Zero Waste Alliance. Each organization that is identified is asked to provide a wealth of information including: field of membership, annual budget, scope of operations, recurring conferences, standard publications, local or regional chapters, topical subdivisions, size of full time staff, contact info and website. Although the primary focus is on US based organizations, there are cross-references within the Index to the International version of this resource, but the details of those overseas organizations are only found by using that other option. Since the publisher of this unique directory clusters the online access with other resources, you must first select which document you want to search, and then enter your keyword in the right hand column of boxes. If you get multiple items in response to your search, try focusing on whichever group is larger in terms of membership, staff, operating budget, or existing for the longest time. Portland Business Journal's Annual Book of Lists This is a collection of topical oriented rankings, of commerce & business in the metropolitan Portland area, as originally published in the weekly editions of Portland Business Journal. It does have a “Table of Contents” as well as a “Contents by Subject” -- several pages after the front cover. Each table of rankings has its own footnotes, and may have different areas of geographical coverage. Hatfield Library also has online access to the weekly issues & archives GSM 5107: Marketing Maltz & Langan Fall 2014 Page 2 of 4 Gary Klein Hatfield Library of Portland Business Journal, as well as similar regional business magazines in about 50 other regions of the USA. Journal & magazine articles from Hatfield Library Of the 200+ databases that the Hatfield Library subscribes to, this offers the broadest coverage for most secondary marketing research projects. If this starting point do not work well for you, then please consult the LibGuides for Atkinson for additional resources. For further assistance, please contact Gary Klein. Business Source Premier: Contains over 34,000 articles with the keyword “market share” as well as 20,000 articles with “ratings & rankings” (you must include the quote signs in order to assure accuracy). Also contains thousands of “SWOT analysis”, Company profiles, and Industry profiles. Business Source Premier offers full text links in either PDF or HTML formats for about half of all journal & magazine articles identified within this database. In addition to what this database can directly provide, Willamette University has imbedded links that will tell you if Hatfield Library can provide access to an article through our contracts covering 25,000 titles, independent of what BSP can provide. And if Hatfield Library does not have the article in print, online, or in microfilm, we will offer you the option to fill out an Inter Library Loan form. Typically, about 80% of ILL requests for journal & magazine articles are usually delivered, via email, in about 3 business days. Local Market Audience Analyst: This database will only work with Internet Explorer. If you try to use any other web browser, it will appear as if your network connection is frozen! Advertising agencies and marketing departments would probably pay tens of thousands of dollars each year to access this dense resource. Everything in this database is organized by metropolitan areas, with boundaries that are so unique at times, to appear almost bizarre, because their construction is based upon audience viewing patterns of local television stations (think of repeater stations in rural areas, creating gerrymandered shapes). In addition to providing all sorts of cross-tabbed demographics, the key feature is 231 Lifestyle activities or mindsets clustered under 11 different umbrellas. These lifestyles range from “use chewing tobacco” to “exercise 5+ times in a typical week”. Some of the lifestyles which are analyzed may seem rather vague, such as “interested in the arts” while other items address such Yes/No questions as “go to gambling casino in the past 12 months” or “own mutual funds valued $10K+”. One of the “lifestyle” groupings is called Psychographics, and it has 25 different groupings by itself. There also is a separate analysis of socio-economic demographics called PRIZM, which has 66 separate sets of lifes cycle segments. Each PRIZM segment has its own nickname, and code number, denoting a specific combination of lifestage & wealth, as well as a different code to denote the combination of urbanicity and wealth. GSM 5107: Marketing Maltz & Langan Fall 2014 Page 3 of 4 Gary Klein Hatfield Library Collecting this massive array of data, fine tuning the analytical methodologies, and the clustering of these stereotypical models, in order to ascertain which groups of people are more prominent within a region, are highly proprietary, very unique, and very costly to produce. This deep & wide collection of lifestyle & psychographic data contained within LMAA is obtained by a number of exclusive contracts from such sources as Experian (one of the nationwide consumer credit reporting agencies), Simmons Marketing Research (nationwide surveyors of media usage), Claritas (analyzers of census demographics down to the zipcode level), and the Nielsen Company (collecting purchasing data from supermarkets, departments stores and thousands of volunteer survey participants who scan their purchases at home, as well as measuring media usage). Needless to say, the outputs that you can work with, reduces 300 million Americans to a series of stereotypical labels, to simplify the analysis of local trends. LMAA does not try to explain why these trends exist in some places. Nor does it explain the economic, social, or historical origins of these trends. LMAA simply reports the data, tries to keep the sources up to date, fine tunes the process, and continually adds new questions, new criteria, and new categories, to the mix of what it reports. LMAA clearly is driven by the goal to provide a service, which has a high demand, and a high willingness of business to pay dearly for this type of consumer oriented analysis of who has recently bought goods or services, so that business people can then try to reach these potential buyers in the near future. Please click here for a walk-through guide to LMAA. This will give you meaningful examples & time saving advice on the Local Market Audience Analyst database. Recap of major resources mentioned: Contacting Gary Klein Hatfield Library main web page Hatfield Library’s Databases by Subject or Alphabetically LibGuides for Atkinson Walking Through the Local Market Audience Analyst database The Resource Guide for GSM 5107 WU students, faculty and staff can contact Gary Klein to obtain assistance by several methods: in person at the Hatfield Library in Salem, Oregon by email at gklein@willamette.edu by campus phone at: ext #6743 by phone at: #503-370-6743 is also available on LinkedIn.com; as well as Facebook.com This document = http://library.willamette.edu/extras/classes/agsm/GSM5107.doc Hatfield Library’s subject guides for AGSM = http://libguides.willamette.edu/agsm GSM 5107: Marketing Maltz & Langan Fall 2014 Page 4 of 4 Gary Klein Hatfield Library