Adobe Captivate Wednesday, September 10, 2014
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1 Slide 1 - Slide 1 Page 1 of 39
2 Slide 2 - Slide 2 This video will show you how to build a company list using a database called Lexis Nexis Academic. This tool can help you identify competitors or customers if businesses make up your target market rather than consumers. Page 2 of 39
3 Slide 3 - Slide 3 You can access Lexis Nexis Academic from the Library homepage at library.wlu.ca. Page 3 of 39
4 Slide 4 - Slide 4 Type Lexis Nexis Academic in the search box located in the purple menu bar at the top just above the Library's hours. Then click Go. Page 4 of 39
5 Slide 5 - Slide 5 On the results page, click on the correct match. Page 5 of 39
6 Slide 6 - Slide 6 Then click "Connect to resource." Page 6 of 39
7 Slide 7 - Slide 7 Once in Lexis Nexis Academic, click the down-pointing arrow next to "Search by Content Type" to expand the search options. Page 7 of 39
8 Slide 8 - Slide 8 Then in the Companies section, click on Dossier. Page 8 of 39
9 Slide 9 - Slide 9 Click the Create a Company List tab. Page 9 of 39
10 Slide 10 - Slide 10 On the form that appears, specify the attributes of the companies you are looking for. There are several criteria you can use to customize your list of companies. You can select specific industry codes to build a list of companies in one or more industries. Make your selection using either the Standard Industrial Classification or SIC or the North American industry Classification System or NAICS. There is a Lookup tool for each classification system, so you don't need to know the industry code in advance. In this example I am going to use the NAICS to build a list of companies in the travel accommodation industry, specifically the hotel and motel industry. Click on the NAICS Lookup. Page 10 of 39
11 Slide 11 - Slide 11 Here is the Accommodation and Food Services sector. Click on the plus sign to drill down to the exact industry segment you are looking for. Page 11 of 39
12 Slide 12 - Slide 12 Once you have found the exact industry you are looking for, or the closest match, select it by checking the box next to it. Then click OK. Page 12 of 39
13 Slide 13 - Slide 13 You can see that our industry code has been added to our search. You can also select some other company attributes using the Company List Form. Page 13 of 39
14 Slide 14 - Slide 14 At the top you can choose company type, for example, including only public or private companies in your search. Page 14 of 39
15 Slide 15 - Slide 15 In this case I'll build a list of public companies. Page 15 of 39
16 Slide 16 - Slide 16 You can also limit your list of results by company size based on sales or revenue or by number of employees, with the ability to specify a range in each case. Page 16 of 39
17 Slide 17 - Slide 17 Let's keep our sales threshold low in this example and select companies with sales above $100,000,000. Page 17 of 39
18 Slide 18 - Slide 18 Finally, you can specify the geography -- including regions or countries, states or provinces or even cities. Page 18 of 39
19 Slide 19 - Slide 19 In this example I will select companies that operate in the United States. Note that you can select multiple geographies. Then click Create to generate the list. Page 19 of 39
20 Slide 20 - Slide 20 The search found 14 companies in the hotel industry in the United States with sales above $100,000,000. Page 20 of 39
21 Slide 21 - Slide 21 If you are not fully satisfied with your search results, click Edit Search to return to the company list form to modify your search criteria. Page 21 of 39
22 Slide 22 - Slide 22 Perhaps you are interested in a very niche segment of the hotel industry, for example the luxury segment of the industry. Industry codes like NAICS don't always classify industries in such detail as to capture those niche industries. However, you can use the free text search option on the Create a Company List Form to search by keyword to limit your search. Each company profile in Lexis Nexis has a brief Business Description section that often describes the company's products, the business segments it operates in and its brands. Page 22 of 39
23 Slide 23 - Slide 23 In this case I will enter the keyword "Luxury" to limit the company list to only those hotel companies that have a luxury brand. After reading a number of Business Descriptions of companies in your industry you might realize that different keywords apply, so you might want conduct additional searches to include those. After you have entered your term, click Create. Page 23 of 39
24 Slide 24 - Slide 24 Note that now we only have three companies, all of which operate in the luxury segment of the hotel industry. You can also customize your list by clicking on Customize List just below the Edit Search link at the top right. Page 24 of 39
25 Slide 25 - Slide 25 Here you can select the attributes you want to appear in your company list. Page 25 of 39
26 Slide 26 - Slide 26 I'll add assets and liabilities to the financial profile of the companies in this example. You can also sort your company list on a number of criteria. Page 26 of 39
27 Slide 27 - Slide 27 I'll sort by sales. Page 27 of 39
28 Slide 28 - Slide 28 Then click Update Company List to generate the list based on the attributes and sorting criteria you have selected. Page 28 of 39
29 Slide 29 - Slide 29 Here is our list ready to download, but before we do, notice also that the company names in your list are linked to that company's profile. For example, let's briefly look at Marriott International's profile. Page 29 of 39
30 Slide 30 - Slide 30 This is what a company profile looks like in Lexis Nexis Academic. Notice the Business Description section I mentioned earlier. Page 30 of 39
31 Slide 31 - Slide 31 You can see that the Business Description section identifies the business segments that the company operates in. Page 31 of 39
32 Slide 32 - Slide 32 Including the Luxury segment we are interested in. Page 32 of 39
33 Slide 33 - Slide 33 Let's return to download our company list. Simply click on download selected items. Page 33 of 39
34 Slide 34 - Slide 34 On the next screen select the file format, either Excel or CSV. Click Download. Page 34 of 39
35 Slide 35 - Slide 35 Now you have built a customized company list based on selected criteria. Page 35 of 39
36 Slide 36 - Slide 36 If you want to continue with your company research, visit the Library's Business Subject Guide at library.wlu.ca/subject/business for more resources. Page 36 of 39
37 Slide 37 - Slide 37 We have several other videos to assist you with your research. You can find them at library.wlu.ca/help/tutorials. Page 37 of 39
38 Slide 38 - Slide 38 If you have any questions, just ask us! Page 38 of 39
39 Slide 39 - Slide 39 Let us know whether or not this video was helpful. Just click on the link to give us feedback. Good luck with your research! Page 39 of 39
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