Study

Market Research

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  • Types of Market Research
    Field and desk
  • Desk Research
    Any 1
  • Advantages and disadvantages of field research
    Any 1
  • Desk Research
    Desk research involves analysing information that has already been gathered. This is a form of secondary research
  • 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.
  • 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
  • Interview
    An interview is a conversation where questions are asked and answers are given straight away.
  • Importance of Market Research
    Any 3
  • Focus groups
    A Focus Group is a group of consumers brought together to discuss a particular product or service.
  • 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
  • Questionnaire
    A questionaire is a list of questions developed to extract certain information from the respondent. It can be conducted by post, telephone, or online.
  • 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.
  • Uses of Market Research
    Any 3