A questionaire is a list of questions developed to extract certain information from the respondent. It can be conducted by post, telephone, or online.
Focus groups
A Focus Group is a group of consumers brought together to discuss a particular product or service.
Types of Market Research
Field and desk
Observation
Observation involves watching or viewing consumers in action. For example, a mystery shopper would observe people in a shop, then report on the observations
Importance of Market Research
Any 3
Desk Research
Any 1
Desk Research
Desk research involves analysing information that has already been gathered. This is a form of secondary research
Survey
A survey is a process for gathering and examining data from a sample of people. A sample is a smaller, manageable version of a larger group.
Interview
An interview is a conversation where questions are asked and answers are given straight away.
What is Market Research
Market research is the process of collecting and analysing information about the target market to establish trends.
Target market
the group of people to whom a business aims to sell its products or services.
Advantages and disadvantages of field research
Any 1
Field Research
Field research involves going out into the market place to gather information by observing and talking to people This is a form of primary research
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