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Methods of market research

Emerson Dobbs Economics NCEA 3 Englisch 6 Karten

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  1. 1Research aims to find out:- What would people be willing to pay for the product.
    - Would they buy the product, how many
    - How best to promote the product
  2. 2Primary research- Collecting and using original data.
    - Requires direct contact with customers (Potential or existing)
    - Can be time consuming and expensive.
  3. 3Methods of primary research:- Interviews: face-to-face, telephone, postal, groups.
    - Consumer Panels or focus groups.
    - Competitor analysis: e.g what do they charge for a similar product.
  4. 4Secondary Research- Researching information that has already been gathered and collected by someone else and is available to be used.
    - Information can be gathered from internal and external sources.
  5. 5Internal sources of information:- Employee surveys
    - Customer service department
  6. 6External sources of information:- Internet
    - Newspapers
    - Media reports

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Beschreibung
NCEA 3 Economics Karteikarten am Methods of market research, erstellt von Emerson Dobbs am 16/11/2013.
Erstellt von
Emerson Dobbs
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