Monday, May 4, 2015

EOC Week 4 Primary and Secondary Research


Projects often will begin with secondary data because the information was already gathered for another purpose by someone else on another project. Secondary data is historically sound and already assembled which saves time and money. This data does not require additional access to subjects or research respondents and it is often considered quantitative research. There are many sources of qualitative data that exist as well.

“The primary advantage of secondary data is their availability. Obtaining secondary data is almost always faster and less expensive than acquiring primary data. This is particularly true when researchers use electronic retrieval to access data stored digitally. In many situations, collecting secondary data is instantaneous” (Babin & Zikmund, 2010).

One of the biggest disadvantages of using secondary data it is not specifically for the purpose in which you are using it. So, the important thing would be that the researchers must ask the relativeness of the information in the research study that is being used.  Here are some of the questions a researcher would ask himself in evaluating the secondary data being used:

Does the data apply to the following, population of interest; time period of interest; correct units of measurement; is it relevant to the research being done; does it cover adequate details and does it have validity and evidence of reliability?

Surveys are a very important part of information gathering. A survey is a method by which primary data is collected for primary research.   This is done through the communication of questions and answers with a sampling of representatives or respondents, meaning the people that ask the questions. “Surveys gather information to assess consumer knowledge and awareness of products, brands, or issues and to measure consumer attitudes and feelings” (Badin & Zikmund, 2010). Marketing surveys usually have many objectives only a few gather a single type of factual information.  Most questions included are; demographic information; product development questions; product use and desirability; media exposure and advertising messages.

In conclusion you can understand why there is a difference in primary research and secondary research along with its practical uses.

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