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Advantages of Primary Research: Get a First-Hand Experience!

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The Advantages of Primary Market Research
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You are going to be the person who directly obtains the raw data collected for your current needs in research. Often, it is undertaken after some insights have been gained by the researcher about the issue such as by analyzing previously collected primary data or by reviewing secondary research. It is the research generated by conducting trials, asking questions and collecting results, among others.

Summaries or selections are made from the research which allows evidence to be gathered in order to your own conclusions.

Various methods are used to accomplish primary research including telephone interviews and questionnaires in market research, direct observations in physical science or by doing experiments. The term primary research is used widely in competitive intelligence, market research and academic research. Generally, knowing how to do primary research is something that students learn how to do in school, and this critical thinking course helps you make that grade.

The different types of primary research include analysis, observation, surveys and interviews. Analysis involves data collection and organizing this in a way that supports the criteria you developed. This comes into use when you want to find a pattern or trend.

Observation involves taking organized notes about what is happening in the world. Surveys are a kind of questioning that is more rigid than an interview. It involves a large group of people and provides information which comes in useful when you want to learn the way a large population thinks. There are even more sub-types of primary research and you can find out more with this article. The measure of how accurately studies really represent a group, community, people or a person it claims to represent is called representativeness.

They also check the studies of other researchers to back their claims. When researchers use primary data, they observe data in real time and are at the scene where collection of data is going on. Therefore, researchers can be certain that the recorded data is a reflection of reality.

On other words, primary research is the closes form of information to the idea or the topic being studied. Information is a genuine, first-hand account that has not been altered by other scholars. Unaltered, genuine information is more reliable particular for subjects such as history. In a sociological study, it is impossible to get the appropriate and necessary depth of a study when reporting on the level of a small group or individual when you use only secondary data. Directly recording observations, feelings, thoughts and words from primary data is a kind of depth that really solidifies studies to which general readers able to relate.

As a comparison to secondary data, primary data comes in quite useful. When a researcher finds primary data, sociologists can see how data measures up to studies that other researchers have done on the same subject. If the information does not match, there needs to be a justification of new findings which might result in new information that discredits a previous belief. When researchers do their own study, they can be aware of what bias is brought to the writing of that study and to research.

Here is a market research course that puts you on a fast track to finding out exactly what customers want. Similarly, it consumes a lot of time since a researcher has to prepare for the study, gather details, and process the information into coherent and logical results.

Primary research is the process of gathering new information about a certain phenomenon in society. Expenses of primary research include the cost of stationery, printing materials, transport, accommodation and compensating research assistants. Conducting a census is one example of primary research that involves great costs and takes a lot of time.

As compared to secondary research, where a person simply obtains pre-researched information, primary research consumes a lot of time. Since the respondents in primary research are many and varied, a researcher runs the risk of obtaining biased or inaccurate findings.

However, this drawback can be eliminated by targeting a sampled audience. Another disadvantage is the timing factor. As primary research takes a lot of time, its findings could be irrelevant by the time they are processed. One method of primary research is questionnaires. Here, respondents may wrongly interpret the questions, leading to wrong or undesirable feedback.

What Are the Disadvantages of Primary Research?

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The major disadvantage of primary research is the huge cost involved in gathering information. Similarly, it consumes a lot of time since a researcher has to prepare for the study, gather details, and process the information into coherent and logical results.

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Disadvantages of Primary Market Research 1) High Cost. Collecting data using primary research is a costly proposition as marketer has to be involved throughout and has to design everything.

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Disadvantages of Primary Market Research 1) High Cost. Collecting data using primary research is a costly proposition as marketer has to be involved throughout and has to design everything. 2) Time Consuming. Primary research is basically research that a person or organization carries out on its own. It may include things like surveys, observations and interviews. Below are a few advantages of primary research.

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Primary Market Research. Primary market research (as opposed to secondary research) offers the benefit of direct contact, through a survey or interview, with certain marke ts and/or customer groups. This type of research can be tailored to meet the needs of an organization and provide specific and detailed information. Primary research data collection describes when a business conducts its own research and controls its own data. There are several advantages and disadvantages of primary research data collection.