Wednesday, May 15, 2019

Advantages and Disadvantages of Primary Data Essay

Advantages and Disadvantages of first-string Data - Essay Example tinct methods can be mail, telephone or personal. Sampling plan decisions include ingest unit, sample size, and sampling procedure. Lastly, the research instruments to be used can be questionnaires and mechanical instruments (Philip Kotler).Observational research includes the gathering of prime data by observing relevant people, actions and situation (Philip Kotler). It is the appropriate approach for exploratory research.Surveys are a form of questioning that is more rigid than interviews and that involve larger groups of people. Surveys will provide a peculiar(a) amount of information from a large group of people and are useful when you want to accept what a larger population thinks (Driscoll). The survey approach is the best suited for gathering descriptive information such as finding out peoples knowledge, attitudes, preferences or buying behavior (Philip Kotler).Experimental research is through by selecting m atched groups of subjects, giving them different treatments, controlling unrelated factors, and checking for differences in group responses(Philip Kotler). This method is used in establishing causal relationships between variables, thus it is commonly used in sciences such as sociology and psychology, physics, chemistry, biology, and medicine (http//www.experiment-resources.com).Primary data collection has the following advantagesAddresses Specific Research Issues Carrying out their own research allows the marketing formation to address issues specific to their own situation.Greater Control Not only does primary research change the marketer to taper on specific issues, but it also enables the marketer to have a high level of control over how the information is collected.Efficient Spending for cultivation - primary data collections focus on issues specific to the researcher improves the chances that research funds will be spent efficiently.Proprietary Information Information collected by the marketer using primary research is their own and is generally not shared with others.

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