task 1 primary and secondary research
DESCRIPTION
TRANSCRIPT
What is primary research?
Primary research involves the collection of data that does not
already exist, which is research to collect
original data.
EXAMPLES OF PRIMARY RESEARCH
• Questionnaires
• Surveys
• Interviews
• Focus groups
• Observations
• Content analysis
How useful is it?
Very useful, like questionnaires are anonymous, but can be circulated to large number of people. This can give you percentages and people different views on the same topics.
What is Secondary Research?
Secondary research is another way of conducting research, however it differs
from primary research as the information found has already been put together by
someone else. Some people think of it as “second hand” information.
Examples of Secondary Research
• Visiting a library and reading through books
• Reports• Newspapers and extracting the
information that was relevant.Now we have PCs and the internet there is
an enormous amount of secondary dataavailable to us.
How useful is it?
The downside of secondary market researchis that it is not customized to your needs, so
it may not be as useful as primary marketresearch. For example, secondary research
will tell you how much money U.K.teenagers spent last year on Football
shoes, but not how much they're willing to pay forthe particular shoe design your company has in
mind.