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business
primary research
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Created by
Katie Barrett
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Cards (4)
Primary research
involves businesses using methods to
generate
their own data, it doesn't already exist.
Methods of
primary research
include,
observations
,
questionnaires
,
surveys
,
interviews
,
focus groups
, consumer trials and
test marketing
.
Benefits of
primary research
:
the
data
generated will suit the
businesses
needs
data cannot be seen by others; including competitors
Negatives of
primary research
:
data will take longer to
generate
; it doesn't exist
yet
these research methods are usually more
expensive