primary reasearch Flashcards

1
Q

what are the 2 primary method advantages?

A

designed exactly how the business wants
interview questions can be explained to avoid confusion and incorrect data

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

what are the 2 disadvantages of primary methods?

A

expensive
may be difficult getting consumers to cooperate and provide answers to questions

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

what is primary research?

A

any type of research that is new information being collected for the first time

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

examples of primary research methods

A

questionnaires
trials
interviews
focus groups

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

advantages of surveys

A

easily target particular customers 🎯
distribute to many respondents varied opinions πŸ‘¨β€πŸ‘©β€πŸ‘§β€πŸ‘§
cheaper than other pmr methods
short πŸ’΅
customisable🎨

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

disadvantages of surveys

A

gaps in data
not understandall of the questions

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

what is an interview?

A

a one on one meeting where the interviewer asks the interviewee a set on questions based on the businesses objectives

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Who is usually interviewed?

A

target market

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

who is usually the interviewer?

A

an external market researcher , marketing department or the owner themselves

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Why might interviews be more effective than questionnaires ?

A

will get more detailed answers, once started most are completed

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

problems with interviews

A

time consuming = less responses = less data
interviewees/ interviewer = payment for taking part = increased costs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

what is a focus group?

A

a group of consumers who are selected to represent the target market brought together to discuss their feelings on a product / market.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

what is normally the incentive for taking part in a focus group?

A

voucher or cash

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

why might focus groups be limited?

A

people would respond how people think they should respond instead of how they really feel
group too small to generalise

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

advantages of focus groups

A

taken from the target market the data from them is usually trustworthy
ability to ask further questions

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

disadvantages of focus groups

A

small sized, limits the quantity of responses
selection of people is time consuming
expensive

17
Q

describe a trial

A

product or service is sold for a short amount of time as a test to see whether or not consumers like the product.

18
Q

advantages of trials

A

will idea have a positive impact on overall sales = reduces risk of failure

may save money in the long term identifying that customers are not demanding what the business of offering

19
Q

disadvantages of trails

A

costly to set up in the short term
area chosen might not fully reflect the target market = unreliable conclusions