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Gain valuable insights into the restaurant industry market, including trends, key players, consumer segments, and economic data. Make informed decisions for your business.
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Industry & Market Research Kimberly Bloedel Pomerantz Biz Library Fall, 2009
Industry & Market Research: • Offers business managers “the big picture” of the environment in which a business operates • Provides awareness of news, trends, forecasts, key players & competitors • Enables informed decision making
Industry & Market Research Qs How many restaurants are operating in the US? Iowa? Johnson County? Who are the primary customers/consumers of restaurants? How is the restaurant market segmented? Who are the key players in the restaurant industry? What are the trends in the restaurant Industry?
How many restaurants are operating in the US? Iowa? Johnson County? • Economic Census can help answer this Q. • Free site • 2007 data • http://www.census.gov/econ/census07/
NetAdvantage(aka Standard & Poor’s) What are the trends in the restaurant Industry?
How is the restaurant market segmented? Who are the key players in the restaurant industry?
NewsCompany & Industry • Newspapers • WSJ • NYT • Financial Times • Regional newspapers • Magazines • Forbes • Fortune • Business Week • Databases • ABI/Inform • Business Source Complete • Factiva • Lexis Nexis • Regional Business News
Questions? • Contact Kim • Kimberly-bloedel@uiowa.edu • 319-335-3077