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Unit 3
3.2
Secondary Market Research
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Secondary market research
is research that has already been undertaken by another
organisation
and therefore already exists
Government
publications
,
National
and
Local
Government e.g.
Office
for
National
Statistics
(ONS)
Market research
organisations
e.g.
MORI
,
MINTEL
News
papers provide secondary market research
Magazines
provide secondary market research
Company
records provide secondary market research
Competitors
information
provide secondary market research
The
internet
also provides a lot of secondary market research information
Advantages of Secondary MR
it is
cheaper
than field/primary research
quick
to get hold of
research
collected
by bigger companies / agencies is likely to be
unbiased
Disadvantages of Secondary MR
it may not be in the right format for you
it can be
out
of
date