Market Research
The Wyoming SBDC Network offers a wide variety of market research and competitive intelligence services. Most importantly, all services are free of charge for Wyoming entrepreneurs.
We know doing business in our state is different than in other parts of the nation. However, our team has access to several exclusive databases. As a result, we can deliver a report based on Wyoming-specific data.
For instance, our expert market researchers can provide you with:
Target Audience Profile
- Demographics
- Pyschographics
- Potential market size
- Effective marketing strategies
Competitive Analysis
- List of competitors
- List of similar products/services
- Missed market opportunities
- Geocoding/mapping
Industry Trends
- Major industry players
- Industry growth rate
- Federal and State regulations
- Industry financial data
Our market researchers completed 701 projects in 2019
We completed 1,724 hours of research for clients in 2019
Click here to read how one local business succeeded thanks to our market research
Ready to get started with market research in Wyoming?
1: Contact Your Local Advisor
Firstly, click the “Get Started” link to get connected with your local advisor. You will then be asked for information about your business or idea. Next, your advisor will use this data and set up a meeting. Finally, you and your advisor will to determine what kind of market research would best serve your business.
Take the First Step
Start your in-depth market reserach report here!
2: submit a request
In the next step, your advisor will initiate a market research request. Our market researchers know all the tricks of the trade and will begin compiling a report for your business.
Depending on the specific industry and the scope of the project, this phase should take about 1-3 weeks.
3: fine-tune your report
During the development of your report, our market researchers may reach out to ask a few questions. As a result, the final product will contain data that is easy to understand, relevant to your business, and focused on achieving measurable results.
4: receive your report
Once your report in finalized, you will receive a copy via email. The report will highlight important findings and will have detailed instructions on how to interpret the data.
5: Follow-up with your advisor
At this point, you’ll notice your Market Research Report has several recommendations. For example, it may have identified new opportunities that you hadn’t even considered.
But don’t feel overwhelmed. Your local advisor is available to help you make use of your market research in Wyoming and reach your goals.
Our no-cost, confidential services include assistance with:
- Marketing
- Website Optimization
- Starting or Growing a Business
- International Trade
- Obtaining Funding
- Expanding Your Market
- And More!
