Primary and secondary research Flashcards

1
Q

Different types of Primary Research

A

-Focus Groups
-Surveys
-Testing

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2
Q

Different types of secondary Research

A

-Internet
-Market reports
Government Reports

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3
Q

What’s Qualitative data

A

-is usually expressed as opinions
-includes descriptive information

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4
Q

What’s Quantitative data

A

-is usually numerical data
-is usually presented in graphs

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5
Q

Pros of using Quantitative data

A
  • Its very simple
  • Data can be very reliable
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6
Q

Cons of using Quantitative data

A
  • It Doesn’t allows a business too see exactly what customers think
    -Lacks Specific Opinions
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7
Q

Pros Of Using Qualitative data

A
  • Data Collection is usually Cost effective
  • Provide more Detailed Information To explain complex issues
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8
Q

Cons Of Using Qualitative data

A
  • Its very Time Consuming
  • and Very Costly
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