The Industry Analysis tool is a powerful feature that enables you to gain a comprehensive understanding of your Industry. With this tool, you can get an in-depth view of the market trends, size, and growth opportunities in your Industry.
The Industry Analysis tool provides you with a wealth of data and insights that can help you make informed decisions about your business. You can see information on industry trends, growth drivers, market size, and more all in one place. With this information, you can identify new opportunities, assess your competitors, and plan your strategy for growth and success.
Defining your brand industry is critical in creating a successful brand platform. It refers to the classification of your brand based on the products or services it offers and the market it operates in. A clear understanding of your brand industry helps identify your target audience, competitors, and industry trends. This information is crucial in developing an effective brand strategy, determining your unique selling proposition, and creating a brand image that resonates with your target audience.
The North American Industry Classification System (NAICS) is a standardized system for categorizing businesses in the United States, Canada, and Mexico. It is used by government agencies, businesses, and other organizations to classify and collect data on the economic activity of companies.
Every business is assigned a primary NAICS code based on its main product or service, while secondary NAICS codes can be used to describe additional products or services offered. For example, a company that primarily sells clothing but also offers accessories would be assigned a primary NAICS code for clothing retail, with a secondary NAICS code for accessory retail.
Knowing your NAICS codes is important for brand platform and strategy development because it can help you understand your place in the market and the competitive landscape. For example, it can help you identify your target audience, analyze market trends, and determine the best channels to reach potential customers. Additionally, understanding your NAICS codes can also help you determine which government regulations and industry standards apply to your business, allowing you to make informed decisions about your business operations.
Why is defining your brand industry important? First, it helps to create a clear and concise understanding of your brand and its place in the market. It lets you identify your target audience and what they seek in a brand like yours. This information can create a brand message that resonates with your consumers and sets you apart from your competitors. Additionally, knowing your brand industry lets you stay up-to-date with the latest industry trends and changes and adapt your brand strategy accordingly. It helps you remain relevant and competitive in the market.
The process of defining your brand industry involves researching your market, competitors, and target audience. This research should include an analysis of industry statistics and trends, as well as a review of your competitors' branding strategies and positioning. It would help if you also considered factors such as product offerings, target audience demographics, and brand personality when defining your brand industry.
In conclusion, defining your brand industry is essential in creating a successful brand platform. It helps to establish a clear understanding of your brand, its place in the market, and the target audience you are trying to reach. This information is crucial in developing an effective brand strategy, determining your unique selling proposition, and creating a brand image that resonates with your target audience. So, take the time to research and define your brand industry, and you will be well on your way to creating a successful brand.
We are continuously updating the list of industries we analyze. Below is the list of industries we serve for free (as of May, 2023):
Augmented Reality
Beauty
Biotechnology
Child Care
Cloud Infrastructure
Delivery Service
Digital Marketing
EdTech
Family
FinTech
Fitness
Travel
UX/UI Design
Venture Capital
Video Games
Below is a complete list of Industries we serve in ABI Analyst Pro and ABI Brander versions:
Accounting
Advanced Materials
Advertising Platforms
Aerospace
Affiliate Marketing
Agriculture
Agrotechnology
Angel Investment
Architecture
Artificial Intelligence
Audio
Augmented Reality
Automotive
Banking
Beauty
Biofuel
Bioinformatics
Biometrics
Biopharma
Biotechnology
Blockchain
Blogging Platforms
Broadcasting
Business Development
Business Intelligence
Cannabis
Catering
Chemical
Child Care
Clean Energy
CleanTech
Cloud Computing
Cloud Infrastructure
Coffee
Communication Hardware
Computer Hardware
Computer Vision
Construction
Consumer Electronics
Consumer Goods
Cosmetics
Courier Service
Cryptocurrency
Cyber Security
Delivery Service
Developer APIs
Digital Marketing
Digital Media
Direct Marketing
E-Commerce
EdTech
Education
E-Learning
Electric Vehicle
Email Marketing
Employment
Energy
Engineering
Enterprise Software
Environmental Engineering
Events
Family
Farming
Fashion
Film
Film Production
Financial Services
FinTech
Fitness
Food and Beverage
Food Delivery
Forestry
Freelance
Furniture
Genetics
GovTech
Graphic Design
Health Care
Home and Garden
Home Decor
Home Improvement
Hotel
Human Resources
Industrial Engineering
Information Services
Information Technology
Insurance
InsurTech
Interior Design
Internet of Things
Jewelry
Legal
Legal Tech
LGBT+
Lifestyle
Logistics
Manufacturing
Marketing Consulting
Market Research
Media and Entertainment
Media Streaming
Medical Device
Messaging
mHealth
Mobile Devices
Mobile Marketing
Mobile Software
Music
Nanotechnology
Natural Resources
Network Hardware
Network Security
Neuroscience
News
Nightlife
Organic Food
Outdoors
Payments
Pet
Pharmaceutical
Photography
Printing
Productivity Tools
Project Management
Property Development
Property Management
Psychology
Public Relations
Public Safety
Publishing
Quantum Computing
Real Estate
Recreation
Restaurants
Retail
Retirement Services
Risk Management
Robotics
SaaS
Sales
Sales Automation
Satellite Communication
Search Engine Marketing
Shipping
Shoes
Social Media
Space Travel
Sports
Sustainability
Telecommunications
Tourism
Toys
Transportation
Travel
UX/UI Design
Venture Capital
Veterinary
Video
Video Games
Virtual Reality
Virtual World
Warehousing
Waste Management
Wearable Technology
Wellness
Wholesale
Wine And Spirits