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Topic 3 marketing
pri/sec research
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Created by
Myka Diaz
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Cards (6)
examples of primary research
focus
groups
Interviews
Surveys
Product
testing
and
trialling
primary research
- first hand data
secondary research
- second hand data
Examples of secondary research
market reports
trade&industry associations
sales transaction
big data
analytics
Pros and cons of primary research
Pros - up to date and reliable
Cons - time consuming and expensive
Pros and cons of secondary research
Pros - free and easy to gather
Cons - out of date, not always specific, expensive