Consumer Goods

Coverage

The Consumer Goods Industry is covered by a broad range of SIC codes. SIC (Standard Industrial Classification) codes are used to group similar products together. With the Consumer Goods Industry, the focus is on all products intended for consumers, more than individual, specific products. Similar industries that cover a broad range of SICs would be the manufacturing industry, the distribution industry, and the packaging industry.

The four databases that are commonly used to research these topics are Trade & Industry, PROMT, Newsletter Database, and Magazine Database.

Database Rationale

Trade & Industry is a leading multi-industry database covering international company, industry, product and market information. For the consumer goods industry, it offers strong primary coverage for industry trends and overviews, market applications, management, forecasts and technology. T&I contains articles about the consumer goods industry as a concept, versus PROMT, which is strongly tied to individual product categories.

Trade & Industry contains company profiles for international private and public companies, and there are links between company directory records and journal articles about a particular company or industry. Included among these are many consumer goods companies.

PROMT is another leading source of industry and business publications. PROMT provides information on a multitude of products, processes and other topics related to consumer goods. It is a major source for researchers who are searching for the latest news on emerging technologies, manufacturing and distribution processes, marketing trends, and market share data.

PROMT can also be used to research activities of known competitors, as well as some of the major players in the business, both domestically and internationally. Its content will enable you to monitor several aspects of the consumer goods industry, including sales, consumption, new products and new technologies.

Newsletter Database is an excellent choice for keeping current on industry expert opinion and analysis in consumer goods. With its complete, full-text coverage of some of the most respected industry newsletters, you can monitor market conditions and activities from an insider's perspective, or look up mergers & acquisitions or newly forged partnerships.

Magazine Database provides articles from the perspective of popular culture. Researchers needing general information on consumer behavior and lifestyles, and coverage of current topics in popular magazines will find this database very useful.

Case Study

A market researcher in your organization approaches you about gathering information on current trends in the consumer goods industry, including such aspects as industry growth, major players, information technology, marketing and advertising, and the industry from a popular culture perspective.

1) We first look in Trade & Industry to retrieve overview articles containing forecasts, and market share data.

Search Strategy

  • Select Command Search
  • Type ke consumer goods and su (forecasts or market share or statistics).
  • Click Search

Now determine specifically whether the results include a table or chart of government statistics for consumer or producer prices.

  • Select Refine Search
  • Type pd (e442* or e443*) and ft e

Next, to find information on the major players in this industry, i.e. Procter & Gamble and it’s competitors, use the following strategy:

Search Strategy

  • Select Browse Thesaurus
  • Type Procter and Gamble and click search
  • When viewing the thesaurus, scroll down to Procter and Gamble Co. (Company Directory Record). Select this entry to view a company profile and to access hyperlinks to articles discussing various aspects of this company's activities. After viewing the record, click on the first SIC code listed under the margin link "SICs for this Company." Click twice until you get to the full SIC entry. Click on the margin link "Profiles of Companies in this Industry" to see a list of competitors ranked by revenue.

2) Now move to PROMT to look at articles on the performance of companies we identified in Trade & Industry.

Search Strategy

  • Select Command Search
  • Type cm Procter* and ec (604 or 65 or 83) and click search.

3) In Newsletter Database, we look for additional articles on company and product trends from industry experts.

Search Strategy

  • Select Command Search
  • Type kt Procter and Gamble and (future or trend! or forecast* or outlook or predict*) and click search.

4) We use Magazine Database to look for articles in the popular press presenting the pros and cons of Olestra, the new fat replacement product from Procter and Gamble.

Search Strategy

  • Select Command Search
  • Type su Olestra and click search.

 

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