FTM 483: Global Trade and Sourcing in Textiles and Apparel Research Resources @ NCSU Libraries Greg Tourino Associate Director Textiles Library & Engineering Services greg_tourino@ncsu.edu Main Topics Approaches to Research First Steps Market Research Demographics and Cultural Analysis Trade Statistics Competitors Citing your sources & Research Assistance Two Approaches to Market Research Primary data: Generate original data Secondary sources: Compiled Information Specific/ focused Generic/ higher level Difficult to access or afford Relatively easy to access or afford $$$$$ Custom Reports Market Research Reports $ Scholarly Research Government Statistics & Reports NCSU Libraries subsidizes & facilitates access Primary Research Secondary Research Books NCSU Library & TRLN Catalogs: TripSaver NCSU, UNC, Duke, and NCCU Business & Academic Literature Library Databases: Business Source Premier, LexisNexis, IBISWorld Internet Websites: OTEXA - U.S. Department of Commerce, NC Textiles Connect, Company websites “Top 10” Issues/Challenges Identified 1. Quality (product and service) 2. 3. 4. 5. 6. Sustainability Production/sourcing Ethics/compliance/workers rights Economics/financial/exchange rates Political, social, cultural, legal (including illegal), government (including trade laws) issues 7. Communication and cultural barriers 8. Technology 9. Intellectual Property -- protection and violations 10. Market characteristics, market development (including branding, market structure -- developed/developing) First Steps: Who might publish the information you need? Common sources of market information: Trade Associations (Cotton Incorporated) Government Departments (OTEXA – Office of Textiles and Apparel U.S. Commercial Service) Business Press (Library Databases) Academic Researchers (Library Databases) Private Research Firms (Forrester.com) First Steps: Where do you find the information? Economic Information Industry & Company Information Consumer Information LOOKING FOR: LOOKING FOR: LOOKING FOR: CPI, labour Production GDP Import/Export Profile, Market size, Key players, customers Trends, Forecasts, Opportunities Behaviour Demographics Preferences Motivators FIND IT IN: FIND IT IN: FIND IT IN: Government websites, NGO websites, Library databases Library databases, Trade associations, Company web sites, Government websites Government websites, NGO websites, Library databases, Reference Books First Steps: NCSU Libraries Website The library’s home page: www.lib.ncsu.edu Click on “Course Tools” Then enter FTM 483 Market Research Articles in the business press are a great source of information about industry trends, new products, market projections, and other topics. Market Research Market Research Business Source Premier LexisNexis Analyzing Your Topic Before searching the databases, analyze your topic: break it down into concepts and think of synonyms for each idea. Use AND / OR / NOT to combine terms to narrow or broaden your database searches. Use * Truncation symbol to find all variations of a word ex. A search for "forest* " will result in items containing any of: forestry, forest, and forests Basic Search Question Topic: What are the trends in the women's clothing market? Concepts: clothing AND women AND trend* Synonyms: apparel AND female AND fashion Business Source Premier Business Source Premier Business Source Premier LexisNexis Academic Market Research LexisNexis Academic Business Conditions, Demographics & Cultural Analysis Business Conditions, Demographics & Cultural Analysis Government or NGO Sources CIA (World Factbook), U.S. Department of State (Background Notes), World Bank (Enterprise Surveys) Search Business Source Premier, and/or LexisNexis for articles on business conditions and economic forecasts. Business Conditions, Demographics & Cultural Analysis Databases: Search the Global Market Information Database (GMID) or UNData for consumer expenditure patterns or trends US Commercial Service Market Research Library Search Business Source Premier, and/or LexisNexis for articles on demographics and consumer behavior. CIA World Factbook US Department of State: Background Notes World Bank: Enterprise Surveys GMID UNdata US Commercial Service: Market Research Library US Commercial Service: Market Research Library US Commercial Service: Market Research Library Trade Statistics OTEXA (Office of Textiles and Apparel) Trade Statistics TradeStats Express NC Textile Connect NC Textile Connect NC Textile Connect Competitors – Market Share Competitors – Market Share Business Source Premier (Search Industry Profiles – ex. Apparel) Market Share Reporter (NCSU Libraries Reference Collection; Online) Also search Business Source Premier, and LexisNexis for articles in the business press. Business Source Premier Industry Profiles Business Source Premier Market Share Reporter Writing your Assignments, Citing your Sources & Research Assistance Citing Your Information Sources Doing Your Research @ Home Reference & Research Assistance In-person, Telephone, E-mail Honora Eskridge honora_eskridge@ncsu.edu Phone: 919 | 515-6120 Greg Tourino greg_tourino@ncsu.edu Phone: 919 | 513-3862 David Zwicky david_zwicky@ncsu.edu Phone: 919 | 515-6602 Find more FTM 483 resources at: http://www.lib.ncsu.edu/course/FTM/483