market research Flashcards

1
Q

marketing research

A

collection + analysis of data and info to inform a business about its market

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1
Q

primary market research

A

first hand data that didnt exist before

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2
Q

secondary market research

A

already been undertaken by another organisation

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3
Q

examples of primary research

A
  • surveys/questionnaries
  • interviews
  • focus groups
  • observations
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4
Q

examples of secondary research

A
  • academic organisations (uni)
  • newspapers/magazines
  • internet
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5
Q

quantitative data

A

statistical data about peoples behaviours

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6
Q

qualitative data

A

non - statistical info that gives in - depth insight for the buying habits of consumers

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7
Q
A
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