The Freedonia Group
Private | |
Industry | Market Research |
Founded | 1985 |
Headquarters | 767 Beta Dr. Cleveland Ohio 44143 |
Products | Syndicated Industry Studies; Customized Research Projects; Focus Reports |
Website | http://www.freedoniagroup.com |
The Freedonia Group is an international industry market research firm headquartered in Cleveland, Ohio, with a satellite office in Beijing, China. The company, whose name was inspired by the Marx Brothers' film Duck Soup,[1] publishes over 100 off-the-shelf studies annually that contain market projections, company profiles, and major mergers and acquisitions.[2] More than 90 percent of the industrial companies in the Fortune 500 use Freedonia research.[3]
History
The Freedonia Group was founded in 1985 by Bill Weiss in Cleveland, Ohio.[4]
In 2000, Jeff Weiss joined the company as CEO.[5]
In 2001, Freedonia Custom Research, Inc was established as a wholly owned subsidiary, which provides research and analysis beyond the scope of a typical off-the-shelf study.[6]
In 2003, The Freedonia Focus Reports Collection was introduced as a subscription based offering.
In 2005, the company opened an office in Beijing, China.
In 2016, MarketResearch.com acquired The Freedonia Group.[7]
Products
Industry Studies
The Freedonia Group has published more than 3,000 off-the-shelf studies covering industries on a global basis or specific to the United States. Industry studies published by The Freedonia Group are researched and written in-house by a team of analysts and economics staff.[8]
The main industries covered by the studies include construction and building products, automotive, chemicals, polymers, security, metals and industrial components. Clients cite the research in internal and public documents. Major publications including the Wall Street Journal,[9] Forbes, and The Economist use The Freedonia Group research as an independent source.
Custom Research
For clients who require specific answers to questions not addressed in an off-the-shelf study, Freedonia Group offers custom research services. With custom research, Freedonia Group provides its clients with targeted research designed to meet a company’s specifications. Custom projects may include market due diligence, market size and growth rates, competitive intelligence, market segmentation, distribution channel and value chain analysis, and customer buying-decision drivers.[10]
Focus Reports
The Focus Report Collection is an online and subscription based product used by businesses and universities. The reports offer information that is similar to an industry study, but in a condensed version. The collection features over 300 reports that fall into 15 industry categories and two major geographic collections.[11]
References
- ↑ Krouse, Peter. 12/31/2002 "Marx Brothers inspired Mayfield firm's name, but its work is no joke" The Plain Dealer
- ↑ Online Business Sourcebook (8th Totally Revised Addition). edited by Oksana Newman (2007) pg.224 "Feedonia Industry Studies" http://books.google.com/books?id=BYfi42ZTLZUC&pg=PA224&dq=the+freedonia+group&hl=en&sa=X&ei=oJjRUb3yD8q50QHPwIDQAg&ved=0CEkQ6AEwAw#v=onepage&q=freedonia&f=false
- ↑ "Freedonia : The Market Report Collection". Business Research Plus. Retrieved 2016-03-09.
- ↑ http://www.cleveland.com
- ↑ Schleis, Paula (2007). "Freedonia Group Stays on Top of Industry Trends". Akron Beacon Journal.
- ↑ "Freedonia Custom Research Expands". Paper, Film & Foil Converter. February 16, 2006.
- ↑ Staff, Tire Business. "Market research firm Freedonia acquired - Tire Business". Tire Business. Retrieved 2016-03-09.
- ↑ </ref "Alacra".
- ↑ Chao, Loretta. "Lego Tries to Build a Better Brick". Wall Street Journal. ISSN 0099-9660. Retrieved 2016-03-09.
- ↑ "Freedonia Custom Research Expands".
- ↑ "Freedonia Focus Reports | U-M Library". www.lib.umich.edu. Retrieved 2016-03-09.