What are your Favorite Market research tools and techniques?

chewie49 · 04-27-2009, 08:10 AM

Hello Guys!

i am making a list of tools and techniques for Market Research to determine profitable niches for ecommerce websites mainly, but i t could apply to any kind of business.

What do you recommend?

cheers!

JohnMcCabe · 04-27-2009, 09:56 AM

For most niches, my favorite tool is my public library card.

You can get a decent grounding in almost any mainstream topic with a few hours in the stacks and periodicals. You can get research materials from pretty much any library in the country (in the US, anyway) through inter-library loan.

Many US libraries also maintain subscriptions to some pretty expensive databases, which you can access using your card number.

malfumos · 04-27-2009, 09:59 AM

I recommend you to use both Internet Library Resources and in Public Library because you can get more knowledge by using those two.

Spinethetic · 04-27-2009, 10:11 AM

If you have a College campus near you, some of them offer library cards to the public for around $50 a year.

chewie49 · 04-27-2009, 08:19 PM

come on guys,...on a public library you can«t know: Consumer behavior on a particular niche, Latest trends, Competition performance, price fluctuation, etc.

At least here in spain you can't find that on public libraries....

Odhinn · 04-27-2009, 10:51 PM

I go to niche specific forums. People will tell you what they don't know in their posts, and they serve as a fantastic resource for doing research, finding keywords, and eventually, getting backlinks.

MeTellYou · 04-28-2009, 01:29 AM

Forums seem to be the way to go. Great for research and marketing.
Sebastian

TKChung · 04-28-2009, 01:40 AM

Yahoo answers is my favorite. It covers almost everything/market. It's definitely a good place to do market research

Good Luck!

JohnMcCabe · 04-28-2009, 11:48 AM

Quote:

Originally Posted by chewie49

come on guys,...on a public library you can«t know: Consumer behavior on a particular niche, Latest trends, Competition performance, price fluctuation, etc.

At least here in spain you can't find that on public libraries....

You asked for my favorite tool. You got it. I never said it was my only tool...

Depending on the niche, I'd add forums (as has been mentioned), trade group and association websites (great for trends and demographics), news archives (some of which I access online via my library membership) and more.

One of my favorites for niche behavior is the magazine stacks. A couple of years worth of a niche magazine and a few hours will give you a great feel for the trends in the niche, an idea where it might be heading, and what ads and approaches seem to work.

[If a particular ad runs without change for a long period, it's working. Photocopy it for study.]

Depending again on the niche, the archives of graduate research theses at a college library can give you insights you won't find in the mainstream media, either offline or online. But that's getting pretty hard core for most.

jjpmarketing · 04-28-2009, 02:02 PM

Market Samurai is great... but you just can't beat the simplicity Google's suite of tools. CPA Networks are also good research tool. There is also Amazon.com as recommended by another Warrior on another thread based on sales numbers and performance.

While Public Libraries and other similar establishments may not indicate current trends, they can be an excellent resource for accurate information about niches you know diddley squat about.

They are also good sources to find works that may be in the Public Domain if you are into using that info. An old niche can be made new again. Did you know that there are topics that you and I might find boring or uninteresting but thousands of other people are trying to find a good resource on. A good example is there are people who are into the old commercials (3 out of 4 docs say lucky strikes are good for you) or radio shows (think superman, batman, etc.). And that is just one example. You can find all you need to know about stuff like that by just browsing through the library.

PaulGee · 04-28-2009, 03:03 PM

Chewie
Micro Niche Finder has everything you need to find/assess any niche. Google it and watch the videos.

Wishing you well in your projects.
Paul

welland · 05-29-2011, 05:50 PM

backlinks ....keywords and forums

JustinDupre · 05-29-2011, 11:36 PM

Specific forum is good.. I also use quancast and compete for my marketing research.

04-27-2009, 08:10 AM	#1
chewie49 HyperActive Warrior Join Date: Aug 2008 Location: Barcelona, Spain Posts: 279 Thanks: 9 Thanked 5 Times in 5 Posts	What are your Favorite Market research tools and techniques? Hello Guys! i am making a list of tools and techniques for Market Research to determine profitable niches for ecommerce websites mainly, but i t could apply to any kind of business. What do you recommend? cheers!

04-27-2009, 09:56 AM	#2
JohnMcCabe Happy Hooker War Room Member Join Date: Jun 2007 Location: North of the Peace River, Southwest Florida, USA. Posts: 7,623 Thanks: 2,685 Thanked 4,396 Times in 2,394 Posts Social Networking	Re: What are your Favorite Market research tools and techniques? For most niches, my favorite tool is my public library card. You can get a decent grounding in almost any mainstream topic with a few hours in the stacks and periodicals. You can get research materials from pretty much any library in the country (in the US, anyway) through inter-library loan. Many US libraries also maintain subscriptions to some pretty expensive databases, which you can access using your card number.
	Salad is not food. Salad is what food eats... -- The REAL PETA, People for Eating Tasty Animals "I did not fight my way to the top of the food chain to eat tofu!"

04-27-2009, 09:59 AM	#3
malfumos HyperActive Warrior Join Date: Apr 2009 Posts: 131 Thanks: 7 Thanked 2 Times in 2 Posts	Re: What are your Favorite Market research tools and techniques? I recommend you to use both Internet Library Resources and in Public Library because you can get more knowledge by using those two.

04-27-2009, 10:11 AM	#4
Spinethetic Ross Vaughn Join Date: Apr 2009 Location: Manhatten Posts: 177 Blog Entries: 2 Thanks: 20 Thanked 15 Times in 14 Posts Social Networking	Re: What are your Favorite Market research tools and techniques? If you have a College campus near you, some of them offer library cards to the public for around $50 a year.

04-27-2009, 08:19 PM	#5
chewie49 HyperActive Warrior Join Date: Aug 2008 Location: Barcelona, Spain Posts: 279 Thanks: 9 Thanked 5 Times in 5 Posts	Re: What are your Favorite Market research tools and techniques? come on guys,...on a public library you can«t know: Consumer behavior on a particular niche, Latest trends, Competition performance, price fluctuation, etc. At least here in spain you can't find that on public libraries....

04-27-2009, 10:51 PM	#6
Odhinn Father of the Gods War Room Member Join Date: Apr 2008 Location: Valhalla Posts: 373 Blog Entries: 2 Thanks: 25 Thanked 24 Times in 18 Posts	Re: What are your Favorite Market research tools and techniques? I go to niche specific forums. People will tell you what they don't know in their posts, and they serve as a fantastic resource for doing research, finding keywords, and eventually, getting backlinks.
	Check out my WSO: 100 Backlinks a Day

04-28-2009, 01:29 AM	#7
MeTellYou THE Ebook Writer War Room Member Join Date: Aug 2008 Posts: 1,040 Thanks: 109 Thanked 36 Times in 29 Posts Contact Info	Re: What are your Favorite Market research tools and techniques? Forums seem to be the way to go. Great for research and marketing. Sebastian

04-28-2009, 01:40 AM	#8
TKChung Active Warrior Join Date: Jan 2009 Posts: 99 Thanks: 12 Thanked 9 Times in 9 Posts	Re: What are your Favorite Market research tools and techniques? Yahoo answers is my favorite. It covers almost everything/market. It's definitely a good place to do market research Good Luck!

04-28-2009, 02:02 PM	#10
jjpmarketing Senior Warrior Member War Room Member Join Date: Sep 2007 Location: Louisville, KY Posts: 1,131 Thanks: 41 Thanked 90 Times in 71 Posts	Re: What are your Favorite Market research tools and techniques? Market Samurai is great... but you just can't beat the simplicity Google's suite of tools. CPA Networks are also good research tool. There is also Amazon.com as recommended by another Warrior on another thread based on sales numbers and performance. While Public Libraries and other similar establishments may not indicate current trends, they can be an excellent resource for accurate information about niches you know diddley squat about. They are also good sources to find works that may be in the Public Domain if you are into using that info. An old niche can be made new again. Did you know that there are topics that you and I might find boring or uninteresting but thousands of other people are trying to find a good resource on. A good example is there are people who are into the old commercials (3 out of 4 docs say lucky strikes are good for you) or radio shows (think superman, batman, etc.). And that is just one example. You can find all you need to know about stuff like that by just browsing through the library.
	JJP Internet Marketing

04-28-2009, 03:03 PM	#11
PaulGee Going the extra mile War Room Member Join Date: Apr 2008 Location: Scotland, United Kingdom. Posts: 151 Thanks: 10 Thanked 11 Times in 7 Posts	Re: What are your Favorite Market research tools and techniques? Chewie Micro Niche Finder has everything you need to find/assess any niche. Google it and watch the videos. Wishing you well in your projects. Paul

05-29-2011, 05:50 PM	#12
welland Warrior Member War Room Member Join Date: May 2011 Posts: 16 Thanks: 0 Thanked 0 Times in 0 Posts	Re: What are your Favorite Market research tools and techniques? backlinks ....keywords and forums

05-29-2011, 11:36 PM	#13
JustinDupre JustinDupre.com War Room Member Join Date: Dec 2009 Location: Bangkok Posts: 1,076 Thanks: 7 Thanked 93 Times in 81 Posts Social Networking Contact Info	Re: What are your Favorite Market research tools and techniques? Specific forum is good.. I also use quancast and compete for my marketing research.
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