primary ans secondary research Flashcards

1
Q

What’s market research?

A

The collections of data on customer habits to help decision-
making in marketing

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2
Q

What’s target market?

A

Group of customers to whom a business aims to sell its
products/services. This may also be other businesses as well as consumers

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3
Q

what’s primary research

A

Data that is collected first hand, often in the form of
questionnaires, interviews and focus groups.

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4
Q

what’s secondary research

A

The collection of data using research and information provided by
others e.g. magazines, internet etc.

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5
Q

what’s a focus group

A

a small group of people are asked to use a product or think about an advertisement and to give their opinion

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6
Q

example of primary research methods

A

questionnaire , interview , trailing ,focus groups , survey and polls

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7
Q

what an advantage of doing a questionnaire as a primary research method

A

cheap to carry out
easy to target customers

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8
Q

disadvantages of using questionnaires as a primary research method

A

people may not understand the questions
people may not answer the question as people may not be interested in the product so may answer dishonestly or not at all

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9
Q

advantage of a interview as a primary research method

A

the questions can be explained
and the customers can ask questions
it is way to target certain types of consumers

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10
Q

disadvantage of using interview as a primary research method

A

this an expensive method
not eveyone likes being interviewed

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11
Q

Advantage of a focus group as a primary research method

A

The people chosen will be representative of potential customers
details feedback can be obtained

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12
Q

disadvantages of focus groups as a primary research

A

it will only be a small group. It is usually costly to carry out. It’s hard to arrange a time when everyone’s available.

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13
Q

advantages of trials as a primary research method

A

A good way to see if the product is what people want it reduces the risk involved in producing large quantities

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14
Q

disadvantage of trials as a primary research method

A

The people or area tested must be representative of the total market otherwise the finding will not help the business

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15
Q

what is a questionnaire

A

a set of questions set out to selective people in the post or online or on the street

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16
Q

what’s an interview

A

a person asks a individual or a group of people questions