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TODAY: Industry Descriptions
Admin: Industry Overview DUE Midnight Block Day; Guest Speaker HearthFire Books & Treats Friday
TODAY’S
OBJECTIVES
Why? Knowing your industry will help you create a product or service that people want
Trend?
A general direction in which things are going.
Are sales increasing or decreasing?
Any new technology or other innovation changing the industry?
Industry?
A collection of businesses that are categorized by a specific business activity, such as transportation, electronics or food services.
Information Sources: A Few Examples
Online Compilations
(www.statistica.com):
https://www.statista.com/statistics/240982/sporting-goods-equipment-wholesale-sales-in-the-us/
(www.valuationresources.com)
http://valuationresources.com/Reports/SIC5941SportingGoodsStores.htm
Industry Magazines
(Sports Insight)
http://www.sportsinsightmag.com/
Trade Associations
(National Sporting Goods Association)
https://www.nsga.org/news/news-releases/
https://www.nsga.org/news/news-releases/association-news-archives/nsga-holiday-shopping-survey-2017/
U.S. Census Bureau
https://www.census.gov/quickfacts/fact/table/bouldercitycolorado,US/INC110216#viewtop
Trivia
Basic Quizzes
Advanced Questions
General Trivia
Review Industry Overview Assignment
TODAY’S
OBJECTIVES
Why? Knowing your industry will help you create a product or service that people want
Know your Industry!
Tomorrow: Finish Industry Overview ...