THE BUSINESS RESEARCHER NEWSLETTER
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June 26, 2003 Volume 6, Number 6
CONTENTS
* Introduction - Editor's Comments
*
What's New at www.gdsourcing.com
* Statistics Canada releases
* Finding out more about your market:
Psychographics
* Canada E-Book
* Small Business Stats Facts
For data table spacing, this newsletter is best viewed in Courier
10
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INTRODUCTION - EDITOR'S COMMENTS
Hello,
Well summer has finally arrived, hockey season is over and
football season
has just begun. I hope everyone has a safe and happy summer. Put
on the
sunscreen, your hat and bug spray and get outside and enjoy it!
Of course the big news in the world of market research is that the
2001
Census is finally fully released! Well almost, income information
for the
smallest of Census geographic areas will not be out until July -
but for all
intents and purposes it is fully released.
This means it is now possible to purchase a complete 27 page
demographic
profile of any market in Canada. The data covers everything from
age and
gender to religion and income, mother tongue to hours spent on
childcare,
from occupation to mode of transportation to commute to work.
For a sample of all the variables covered in a full Census profile
and for
pricing information contact me at
[email protected]
Please put "Census
Info" in your subject line.
I hope you find this issue helpful.
Sincerely,
John White
Editor
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WHAT'S NEW AT
www.GDSOURCING.COM - CELL
PHONES & INVESTORS, ENGINEERS & CARS
ERICSSON CANADA
Site:
http://www.ericsson.com/ca/en/index.shtml
Site Summary:
https://www.gdsourcing.ca/works/Ericsson.htm
Highlights from survey of Canadian wireless subscribers
MANULIFE FINANCIAL
Site: http://www.manulife.ca
Site Summary:
https://www.gdsourcing.ca/works/Manulife.htm
Quarterly Investor Sentiment Index
CANADIAN COUNCIL OF PROFESSIONAL ENGINEERS
Site: http://www.ccpe.ca/
Site Summary:
https://www.gdsourcing.ca/works/Engineers.htm
Canadian Engineers for Tomorrow - Engineering Enrolment and
Degrees Awarded
Report
POLK CANADA
Site:
http://www.polk.ca/home.asp
Site Summary:
https://www.gdsourcing.ca/works/Polk.htm
New vehicle registrations in Canada
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STATISTICS CANADA RELEASES
The following statistics were released by Statistics Canada over
the last
month. We have listed those releases we feel are of the most
interest to
Canadian entrepreneurs.
Very few of these statistics are available on-line. The URL listed
is a
direct link to the press release associated with the data. It
provides
contact and ordering information.
If you want to purchase any publication related to these releases
please see
our web site:
http://www.gdsourcing.com/works/StatCan.htm
We offer a 20% discount on most Stats Can publications and a 10%
discount on
Stats Can electronic products. For more information you can reach
us at
[email protected]
mailto:[email protected]. Put "StatsCan" in the
subject line of your e-mail.
AGRICULTURE
Production of poultry and eggs 2002
http://www.statcan.ca/Daily/English/030516/d030516d.htm
Fruit and vegetable production 2003 and 2002 (revised)
http://www.statcan.ca/Daily/English/030613/d030613d.htm
Food consumption 2002
http://www.statcan.ca/Daily/English/030612/d030612e.htm
Meat consumption 1960 to 2002
http://www.statcan.ca/Daily/English/030527/d030527e.htm
Net farm income 2002
http://www.statcan.ca/Daily/English/030527/d030527a.htm
Farm Input Price Index 2002 (preliminary)
http://www.statcan.ca/Daily/English/030602/d030602d.htm
Farm and off-farm income statistics 2000
http://www.statcan.ca/Daily/English/030609/b030609a.htm
Balance sheet of the agricultural sector at December 31
2002 and 2001 (revised)
http://www.statcan.ca/Daily/English/030619/d030619i.htm
Agriculture value added account 2002 and 2001 (revised)
http://www.statcan.ca/Daily/English/030619/d030619j.htm
Farm business cash flows 2002 and 2001 (revised)
http://www.statcan.ca/Daily/English/030619/d030619k.htm
ARTS & CULTURE
Canadian recording artists 1998
http://www.statcan.ca/Daily/English/030620/d030620e.htm
Movie theatres and drive-ins 2000/01
http://www.statcan.ca/Daily/English/030604/d030604a.htm
Television broadcasting 2002
http://www.statcan.ca/Daily/English/030616/d030616b.htm
BUSINESS SERVICES
Annual Survey of Service Industries: Specialized design services
2001
http://www.statcan.ca/Daily/English/030515/d030515g.htm
Biotechnology research and development in industry 2000
http://www.statcan.ca/Daily/English/030605/d030605g.htm
Employment services 2001
http://www.statcan.ca/Daily/English/030617/d030617c.htm
CONSTRUCTION / REAL ESTATE
Real estate rental and leasing and property management industries
2001
http://www.statcan.ca/Daily/English/030605/d030605h.htm
Residential capital stock 2002
http://www.statcan.ca/Daily/English/030611/d030611d.htm
COMPUTER / IT
Insights on the New Economy: Information and communications
technology and
science-based industries 1981 to 1997
http://www.statcan.ca/Daily/English/030515/d030515b.htm
EDUCATION
Access to college and university: Does distance matter?
1995 to 1999
http://www.statcan.ca/Daily/English/030604/d030604b.htm
Relationship between working while in high school and dropping out
2000
http://www.statcan.ca/Daily/English/030526/d030526a.htm
University finance 2001/02
http://www.statcan.ca/Daily/English/030611/d030611b.htm
Rural and urban educational attainment: Patterns and trends 1981
to 1996
http://www.statcan.ca/Daily/English/030612/d030612f.htm
ENERGY
Electric power generating stations 2001
http://www.statcan.ca/Daily/English/030520/d030520f.htm
Electric power selling price indexes January to April 2003
http://www.statcan.ca/Daily/English/030529/d030529g.htm
GOVERNMENT
Government finance: Revenue, expenditure and surplus 2002/03
http://www.statcan.ca/Daily/English/030618/d030618a.htm
Federal government enterprises finance
Fiscal year ended nearest to December 31, 2001
http://www.statcan.ca/Daily/English/030619/d030619c.htm
Provincial and territorial government enterprises finance
Fiscal year ended nearest to December 31, 2000
http://www.statcan.ca/Daily/English/030619/d030619d.htm
HEALTH
Health indicators 2003, number 1
http://www.statcan.ca/Daily/English/030528/d030528c.htm
Social support and mortality among seniors
1994/95 to 2000/01
http://www.statcan.ca/Daily/English/030523/d030523a.htm
HOSPITALITY & TOURISM
Characteristics of international travellers
Fourth quarter 2002 and annual 2002
http://www.statcan.ca/Daily/English/030528/d030528b.htm
Domestic travel Fourth quarter and year 2002
http://www.statcan.ca/Daily/English/030606/d030606d.htm
JUSTICE
Crime and justice research paper series
http://www.statcan.ca/Daily/English/030619/d030619l.htm
Youth court statistics 2001/02
http://www.statcan.ca/Daily/English/030620/d030620d.htm
MANUFACTURING
Advanced technology and firm performance in the food processing
sector 1998
http://www.statcan.ca/Daily/English/030603/d030603a.htm
MARKET
2001 Census Aboriginal population profile
http://www.statcan.ca/Daily/English/030617/d030617d.htm
Canada E-Book
http://www.statcan.ca/Daily/English/030526/b030526a.htm
Census of Population: Income of individuals, families and
households;
religion 2001
http://www.statcan.ca/Daily/English/030513/d030513a.htm
National Longitudinal Survey of Children and Youth: Challenges of
late
adolescence 2000/01
http://www.statcan.ca/Daily/English/030616/d030616a.htm
Low-income rates among immigrants 1980 to 2000
http://www.statcan.ca/Daily/English/030619/d030619a.htm
Maintenance Enforcement Survey: Child and spousal support 2001/02
http://www.statcan.ca/Daily/English/030617/d030617b.htm
Couples living apart 2001
http://www.statcan.ca/Daily/English/030610/d030610c.htm
Marriages 2000
http://www.statcan.ca/Daily/English/030602/d030602a.htm
TRADE
Do Canadians pay more than Americans for the same products?
http://www.statcan.ca/Daily/English/030522/d030522c.htm
Foreign affiliate trade statistics 1999 to 2001
http://www.statcan.ca/Daily/English/030528/d030528d.htm
TRANSPORTATION
Airport activity statistics First and second quarter 2002
(preliminary)
http://www.statcan.ca/Daily/English/030520/d030520e.htm
Canadian Vehicle Survey 2002
http://www.statcan.ca/Daily/English/030604/d030604f.htm
Civil aviation statistics 2001 (preliminary)
http://www.statcan.ca/Daily/English/030605/d030605e.htm
Civil aviation operating statistics 2002
http://www.statcan.ca/Daily/English/030514/d030514g.htm
Port activity January to June 2002
http://www.statcan.ca/Daily/English/030514/d030514c.htm
Passenger bus industry 2001 (preliminary)
http://www.statcan.ca/Daily/English/030605/d030605f.htm
Trucking industry 2001
http://www.statcan.ca/Daily/English/030603/d030603g.htm
WORK PLACE
Non-wage job benefits 2000
http://www.statcan.ca/Daily/English/030521/d030521c.htm
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FINDING OUT MORE ABOUT YOUR MARKET:
PSYCHOGRAPHICS
When you are conducting market research you want more information
than basic
market size and growth. You need to understand your market's
attitudes,
interests and opinions. The aim is to more narrowly define your
target
market so you can more effectively sell to your best customers.
This more
in-depth information is often referred to as psychographics.
While psychographics can be the most revealing information about
your
market, they can also be the most challenging to find.
The most readily available psychographic information is in the
publication
FP Markets - Canadian Demographics by the Financial Post. This
annual
publication actually has two sets of consumer "PSYTE" categories.
The first
examines lifestyle patterns and segments the population into 60
different
categories. For example:
THE AFFLUENTS: Very affluent and educated middle-aged executive
and
professional families. Expensive, large lightly mortgaged houses
in very
stable, older, executive sections of larger cities. Older
children and
teenagers.
The second set of PSYTE categories provide a different
segmentation based on
financial psychographics. For example:
MORTGAGES & MINIVANS: Large suburban families with young
children. The
average household income is above average but dwelling values are
significantly below average.... Dual incomes predominate and jobs
are a mix
of white and grey collar... The tendency towards larger families
results in
significant expenditures on child care, toys and sports equipment.
FP Markets - Canadian Demographics provides you with the number
and
percentage of households that fall into each category by city or
town.
(E.g. 0.61% of households (342) in St Catharines, Ontario are
classified as
"The Affluents"). You can access this publication at most major
libraries
and business development centres. You can also purchase it online
at:
http://www.financialpost.com/product/prodframe.htm ($199)
The publication used to include business psychographics as well.
Unfortunately they stopped publishing such information with the
1999 issue.
While the above psychographics are useful oftentimes you will want
more
specific insights. If you have the budget, the best option is to
hire a
research firm to conduct a poll or survey for you. (This is not a
sales
pitch from GDSourcing. We do not conduct any primary research).
Be aware
however this option can be very expensive ($000s).
If your research budget is limited, it is sometimes possible to
uncover
detailed data free of charge. Instead of (or at least before)
hiring a
polling firm to conduct a survey, look at the information they
have already
collected.
The big names in Canada are:
Ipsos-Reid (http://www.ipsosreid.com)
Leger Marketing (http://www.legermarketing.com),
Pollara (http://www.pollara.ca)
Decima Research (http://www.decima.ca)
Environics (http://erg.environics.net)
NFO CF Group (http://www.cfgroup.ca)
Compas Research (http://www.compasresearch.com)
SOM (http://www.som-inc.com)
The poll results available at the Ipsos-Reid web site are by far
the most
comprehensive. Detailed tables often include results by region,
gender, age
group, income and education. The available releases range from
who wears
sandals to mow the lawn to home buying intentions of 18 to 25 year
olds and
the features they look for in a new home.
While each of the above web sites has its own search engine, I
find it
easiest to use the "only return results from this domain" feature
of
Google.com. This gets Google to search and return results from
only one
site. Simply type in your search words then "site:" and the site
address
(without the http://). I run the search on one site then cut and
paste the
next site's address into the search string to search the next
polling firm's
releases.
For example if we were interested in Canadians filing taxes
especially via
the Internet we would use the following search:
SEARCH STRING FOR NFO CFGROUP:
tax returns Internet site:www.nfocfgroup.com
GOOGLE RESULTS:
NFO CFgroup - Resources
... were $20 to $25 per month, suggests a study of Canadian
Internet users
conducted ... Dread
Doing Their Taxes When it comes to preparing their tax returns
each year ...
www.nfocfgroup.com/news/news.html - 16k - 18 Jun 2003
PDF]News Release
File Format: PDF/Adobe Acrobat - View as HTML
... cent of tax filers have already filed, or plan to file, their
2001
personal income
tax return over the Internet. Last year, 24 per cent of returns
were filed
...
www.nfocfgroup.com/news/02.04.22-taxes.pdf
SEARCH STRING FOR IPSOS-REID:
tax returns Internet site:www.ipsosreid.com
GOOGLE RESULTS:
Ipsos-Reid - Press Release
... those who have been connected to the Internet for three ...
way of
filing, although mailed-in
returns have decreased ... and revenue potential the online tax
tool can ...
www.ipsos-reid.com/media/content/ displaypr.cfm?id_to_view=1212
- 26k
SEARCH STRING FOR LEGER MARKETING:
tax returns Internet site:www.legermarketing.com
GOOGLE RESULTS:
No result BUT when we drop the keyword "Internet" and search on:
tax returns site:www.legermarketing.com
GOOGLE RESULTS:
[PDF]Canadians and Income Tax
File Format: PDF/Adobe Acrobat - View as HTML
... by an acquaintance ...by an accountant ...by a firm
specialized in
income
tax returns Dnk/Refusal Canada 37.5% 12.4% 33.5% 13.5% 3.0% Page
4. ...
www.legermarketing.com/english/ call.asp?type=1&page=40
As a sample of the data this type of search uncovers consider the
first
result from NFO CFgroup. In 2003 35% of Canadians filed their
taxes via the
Internet, a 4% increase over 2002.
What is even more interesting are the reasons people filed online
and the
reasons they didn't. These insights into people's attitudes give
us a
marketing edge whether we are trying to promote Internet filing or
counter
it with our own services. The top reason for filing via the
Internet was
"faster refund" while the top reason for not doing so was lack of
computer
or Internet access.
Some polling firms have also released publications which draw on
data from
many different polls. One recent release is Fire and Ice: The
United
States, Canada and the Myth of Converging Values by Michael Adams
(President, Environics Group of Companies). It examines social
values in
Canada and the United States. For more information on the
publication see:
http://erg.environics.net/fire_ice/
Pychographics are also important for the business market. If you
can get
insight into issues and attitudes prevalent within a sector or
within
specific types of businesses it can give you an information edge
in your
marketing strategy.
The above sources are not particular effective for searching out
this kind
of information for the business market. Nevertheless the Compas
Research
site does include opinion polls of top business leaders (e.g.
"Banks:
Business Leaders Welcome Mergers While Wanting More Competition
and Better
Service") and the Ipsos-Reid site includes the odd business
survey. One
example is the Alberta Technology Report.
This study reveals the opinions of senior technology executives on
how the
province's technology industry is currently performing and what's
expected
in the future.
For example it states "Only half (49 per cent) of the respondents
said that
their companies were adequately capitalized - and 68 per cent said
that
access to capital was significant to the future of their
companies. The
challenge of attracting investment capital may be tied to the
inability of
many Alberta-based technology companies to achieve significant
globalization."
It should be noted that most business psychographic studies are
sponsored by
consulting firms who are trying to demonstrate their corporate
knowledge and
establish market credibility. The above mentioned survey found on
the
Ipsos-Reid site was sponsored by Ernst & Young who have made the
full report
available online free of charge:
http://www.ey.com/global/content.nsf/Canada/Alberta_Technology_Report_-_Over
view
The purpose behind most of these studies is to get corporate
publicity so
firms generally try to make the results widely known. One release
vehicle
often used is Canada Newswire (http://www.newswire.ca/).
Use the Google site specific search technique described above to
search the
Canada Newswire site. I make this suggestion for two reasons:
1. The Canadian Newswire site search engine is quite simple. By
using
Google you can search on phrases and more word combinations.
2. Canada Newswire does not archive news releases past 24 months
while
Google keeps them in its cache. If a link does not work from the
Google
search results click on "Cached" to the right of the Internet
address to
access the information via Google.
With Canada Newswire you will always want to follow up with the
source
releasing the report or study. They will be able to provide you
with
further information and options for accessing more detailed
information.
Oftentimes you can get these reports free of charge.
For example if we wanted to get insight into business outsourcing
practices
we might use the search string:
SEARCH STRING FOR CANADA NEWSWIRE:
"Trends in outsourcing" site:www.newswire.ca
GOOGLE RESULT:
Outsourcing Is Preferred Method to Improve Business Processes, ...
... Among other findings the study addressed were offshore
outsourcing, the
trends of
outsourcing core business processes, and measuring the value of
outsourcing.
...
www.newswire.ca/releases/March2003/28/c5003.html - 12k -
Cached - Similar
pages
Accenture is the sponsor of the above report and by going to their
web site
(http://accenture.ca/xd/xd.asp?xd=_home.xml)
we find we can have the full
report mailed to us free of charge.
Whether you are researching the consumer or business markets, do
not get
discouraged if the above sources prove fruitless. One of the
rules of
market research is "don't give up!" The next strategy is to
conduct a
comprehensive newspaper/magazine search using a periodical
database. Most
public libraries provide access to such databases some even via
their web
site. Again you are looking for sources of psychographic data.
Follow up
directly with any sources that appear promising.
Finally do not forget to talk to people in your market and
industry. Talk!
Talk! Talk! Personal contact is one of the most effective ways to
discover
psychographic information.
Successful market research relies on more than market size and
growth. You
need to understand your customers as fully as possible. It is
much easier
to sell to someone who truly wants your product and is confident
you
understand his or her needs.
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CANADA E-BOOK
Statistics Canada has a new easy-to-use feature on their web site
called the
Canada E-book. (http://142.206.72.67/r000_e.htm)
For those of you familiar
with Statistics Canada publications this is an electronic version
of the
Canada Year Book. The Canada Year Book was first published in
1867 to
celebrate confederation. To this day it remains one of the
nation's top
sources of information on social trends and the economy.
The E-book lives up to the 136-year tradition of the original. It
provides
an "in-depth overview" of Canada, its land, people, economy and
government.
It also takes advantage of the Internet to link to the most
up-to-date
tables and graphs found on the Statistics Canada web site.
In addition to statistical tables, commentaries and insights are
provided on
specific topics:
For example:
House Dads
The number of families with stay-at-home mothers has declined over
recent
decades, as single-earner families have become less common.
Meanwhile,
between 1976 and 1997, the proportion of families with
stay-at-home fathers
increased from 1% of all families to 6%.
The average father who stays at home to look after the children is
42 years
old. He is less likely to have a postsecondary education than a
father who
is earning outside the home (40% compared with 55%), and less
likely to have
been in a managerial or professional position...
The E-book can be browsed by table, graph, text topic, photographs
or sound
bytes. You can also search by keyword. While the information is
by no
means comprehensive it is an efficient way to get quick facts on
Canada.
The only draw back of the E-book is that most of the main text is
based on
the 2001 Canada Year Book so some of the references are old (e.g.
they refer
to 1996 Census data when 2001 is now available). However with an
effective
electronic framework now in place it should be easy for Stats Can
to update
it when the 2003 year book is released. The data tables
themselves have
already been updated where possible (E.g. 1996 Census data is
provided with
2001 Census updates.)
I highly recommend this new feature of the Stat Can site. It is
an easy way
to access essential Canadian facts.
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SMALL BUSINESS STATS FACTS
Each Business Researcher Newsletter ends with a collection of five
statistics that every entrepreneur should be aware of.
1. How many hours of training do small businesses average a year
for a new
employee?
Small businesses average 113 hours of informal training and 23
hours of
formal training per year for a new employee.
Source: CFIB (May 2003)
2 What percentage of business owners in Canada consider
regulations/red tape
as a major constraint on expansion?
34%
Source: Grant Thornton (May 2003)
3. What % of Small and Medium-sized businesses in Toronto
experienced a
decrease in customer traffic due to the SARS outbreak?
66%
Source CFIB (May 2003)
4. What % of Canadian senior executives who lost their jobs in
2000 opted to
start a new business?
12%
Source: Drake Beam Morin (April 2001)
5. In 2002 what was the most common "nature of complaint" filed
with the
Ombudsman of Banking Services and Investments by Canadian small
businesses?
Complaints pertaining to "Account & transactions" - 33%
(Second was "Card services" 22%)
Ombudsman of Banking Services and Investments (Annual report 2002)
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