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Engineer Entrepreneurship EGEN 3100-001

                     Linda Hauck
                     Business Librarian
                     Linda.Hauck@villanov.edu

                     Alfred Fry
                     Engineering Librarian
                     Alfred.Fry@villanova.edu
Estimating Market Size

Number of Potential Buyers X Number of
 Units Purchased in Period X Sale Price
Who are your buyers?
                            Intelligence on
Imagine Your Customers   Competitors Customers
Imagine Your Customers
Demographic Characteristics        Lifestyle Characteristics

  American Factfinder-            MRI Internet Reporter
    Census population and
    surveys of businesses         Statistical Datasets

  BizMiner U.S. business          SRDS Local Market
                                    Audience
  Statistical Insights/Index to
    statistics and data by        ESRI Tapestry (Business
    state, federal,                 Analyst coming…)
    international, associations
Competitive Intelligence
                 Sources
1.    National Consumer Surveys
     1.   MRI
     2.   Simmons via SRDS
2.    Market Research Reports
     1.   Mintel
     2.   Frost & Sullivan
     3.   IBIS World
     4.   ReferenceUSA Onesource
3.    Trade & Professional Associations
     1.   Encyclopedia of Associations
4.    Analytics
     1.   SocialBaker
     2.   Quantcast
5.    News
     1.   ABI/Inform
     2.   Article databases by topic
Survey Potential Customers
Tools: Surveymonkey, Zoomerang

How to ask it: Questionnaire Design
Encyclopedia of Survey Research Methods

Finding participants: ReferenceUSA
Competitor Analysis
1. Who’s marketing similar/substitute products? Global
   New Product Development for consumer goods…or
   Market Research reports…or Googling
2. Trademark owner search
   http://www.uspto.gov/trademarks/index.jsp
3. Get a Company Profile via Hoovers, Datamonitor,
   Lexis-Nexis Company Dossier, ReferenceUSA
4. Search trade news via ABI/Inform, Business Source
   Premier, Google News
5. Search bios of principles
How to Get Help
•   Linda Hauck
•   Linda.hauck@villanova.edu
•   610-519-8744 (office)
•   Alfred Fry
•   Alfred.fry@villanova.edu
•   484-685-6758 (cell), 610-519-4283 (office)

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Engineering entepreneurship fall 2012

  • 1. Engineer Entrepreneurship EGEN 3100-001 Linda Hauck Business Librarian Linda.Hauck@villanov.edu Alfred Fry Engineering Librarian Alfred.Fry@villanova.edu
  • 2. Estimating Market Size Number of Potential Buyers X Number of Units Purchased in Period X Sale Price
  • 3. Who are your buyers? Intelligence on Imagine Your Customers Competitors Customers
  • 4. Imagine Your Customers Demographic Characteristics Lifestyle Characteristics American Factfinder- MRI Internet Reporter Census population and surveys of businesses Statistical Datasets BizMiner U.S. business SRDS Local Market Audience Statistical Insights/Index to statistics and data by ESRI Tapestry (Business state, federal, Analyst coming…) international, associations
  • 5. Competitive Intelligence Sources 1. National Consumer Surveys 1. MRI 2. Simmons via SRDS 2. Market Research Reports 1. Mintel 2. Frost & Sullivan 3. IBIS World 4. ReferenceUSA Onesource 3. Trade & Professional Associations 1. Encyclopedia of Associations 4. Analytics 1. SocialBaker 2. Quantcast 5. News 1. ABI/Inform 2. Article databases by topic
  • 6. Survey Potential Customers Tools: Surveymonkey, Zoomerang How to ask it: Questionnaire Design Encyclopedia of Survey Research Methods Finding participants: ReferenceUSA
  • 7. Competitor Analysis 1. Who’s marketing similar/substitute products? Global New Product Development for consumer goods…or Market Research reports…or Googling 2. Trademark owner search http://www.uspto.gov/trademarks/index.jsp 3. Get a Company Profile via Hoovers, Datamonitor, Lexis-Nexis Company Dossier, ReferenceUSA 4. Search trade news via ABI/Inform, Business Source Premier, Google News 5. Search bios of principles
  • 8. How to Get Help • Linda Hauck • Linda.hauck@villanova.edu • 610-519-8744 (office) • Alfred Fry • Alfred.fry@villanova.edu • 484-685-6758 (cell), 610-519-4283 (office)