Recommendation for obtaining Market Research Data
by KatherineW, Window Shopper
- Created: October 25, 2010, 11:18 am
I am in the beginning stages of starting two businesses - I want to research both of my ideas before taking the big financial leap in one direction or another. I have two concepts in mind, which are related by the industry they are in, but they are diverse enough to keep them separate.
To make intelligent decisions based on where to focus my energy and money, I am trying to find some legitimate resources that will assist in me market research (free or paid market research data). I have a really good online source related to the industry I am interested in pursuing, but I need more than one source to justify or change my intended path.
What I am looking for are the following:
Specific Industry related statistics - Special Events Rentals; Online Gift/Money Exchange Registry
1) where people are spending their money
2) what they're spending their money on
3) my competition
4) is the market climbing, at a stand still or declining
I consider myself versed on my chosen industry as a whole, and I know what issues my competition is currently facing in these economic times, but I am still wanting detailed stats to see what direction I need to go and how creative or how far out of the box I need to think before I launch.
Thanks for any help and advice!!
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