Final ppt


Published on

Published in: Technology, Business
  • Be the first to comment

  • Be the first to like this

No Downloads
Total Views
On Slideshare
From Embeds
Number of Embeds
Embeds 0
No embeds

No notes for slide

Final ppt

  1. 1. SECONDARY DATA COLLECTION<br />Presented By:<br /><ul><li>Amit Kadam 10
  2. 2. Amit Kamble 11
  3. 3. SameetaKhambe 12
  4. 4. PoojaKulkarni 13</li></li></ul><li>Defining Research <br />Systematic : well organised and planned<br />Objectivity : unbiased and unemotional<br />The information is used to identify and define opportunities and problems, and make recommendations on solutions<br />Market Research links consumer, customer and the public to the marketers through information.<br />Generate, refine and evaluate marketing actions, performance and the marketing process.<br />
  5. 5. Defining Market Research<br />Research is the systematic and objective approach to investigate a specific problem that needs a solution.<br />Research is a process by which a series of well thought out and carefully executed activities enable one to enquire, investigate or examine a problem to discover new facts to deal with the problem.<br />
  6. 6. Marketing Research<br />The process of planning, collecting, and analyzing data relevant to a marketing decision.<br />
  7. 7. Issues to consider with Problem definition<br /><ul><li>Past information(secondary data/MIS)
  8. 8. Resources and constraints
  9. 9. Objectives
  10. 10. Buyerbehaviour(human or organisational)
  11. 11. Legal environment
  12. 12. Economic environment
  13. 13. Marketing and technological skills
  14. 14. P
  15. 15. R
  16. 16. O
  17. 17. B
  18. 18. L
  19. 19. E
  20. 20. M</li></li></ul><li>6<br />Objectives<br />Information requirements<br />Primary Research<br />Secondary Research<br />Quantitative Research<br />Qualitative Research<br />Sampling<br />Data Collection Methods<br />Data Processing<br />Reporting<br />THE RESEARCH PROCESS<br /><ul><li> Defining the issue/objectives
  21. 21. Reviewing primary versus secondary research options
  22. 22. Deciding on the mix of qualitative and quantitative research
  23. 23. Making a sampling plan (separate review)
  24. 24. Selecting the data collection method
  25. 25. Presenting the final report </li></ul>Decision points<br />The Research Process<br />
  26. 26. Primary vs. Secondary Data<br />Primary data are originated by a researcher for the specific purpose of addressing the problem at hand. The collection of primary data involves all six steps of the marketing research process. <br />Secondary data are data which have already been collected for purposes other than the problem at hand. These data can be located quickly and inexpensively. <br />
  27. 27. A Comparison of Primary & Secondary Data<br />Primary DataSecondary Data<br />Collection purpose For the problem at hand For other problems<br />Collection process Very involved Rapid & easy<br />Collection cost High Relatively low<br />Collection time Long Short<br />
  28. 28. Uses of Secondary Data<br />Identify the problem<br />Better define the problem<br />Develop an approach to the problem<br />Formulate an appropriate research design (for example, by identifying the key variables)<br />Answer certain research questions and test some hypotheses<br />Interpret primary data more insightfully<br />
  29. 29. Criteria for Evaluating Secondary Data<br />Specifications: Methodology Used to Collect the Data<br />Error: Accuracy of the Data<br />Currency: When the Data Were Collected<br />Objective(s): The Purpose for Which the Data Were Collected<br />Nature: The Content of the Data<br />Dependability: Overall, How Dependable Are the Data<br />
  30. 30. Criteria for Evaluating Secondary Data<br />Table 4.2<br />Criteria Issues Remarks<br />Data should be reliable, valid, & generalizable to the problem.<br />Assess accuracy by comparing data from different sources.<br />Census data are updated by syndicated firms.<br />The objective determines the relevance of data.<br />Reconfigure the data to increase their usefulness. <br />Data should be obtained from an original source.<br />Data collection method, response rate, quality & analysis of data, sampling technique & size, questionnaire design, fieldwork.<br />Examine errors in approach,<br />research design, sampling, data<br />collection & analysis, & reporting.<br />Time lag between collection &<br />publication, frequency of updates.<br />Why were the data collected?<br />Definition of key variables, units of <br />measurement, categories used, relationships examined.<br />Expertise, credibility, reputation, & trustworthiness of the source.<br />Specifications & Methodology<br />Error & Accuracy<br />Currency<br />Objective<br />Nature<br />Dependability<br />
  31. 31. Advantages of Secondary Data<br />Primary advantages:<br />Acquisition cost<br />Acquisition time<br />Convenience<br />Some Info is available only from secondary data sources eg: market shares, industry data from trade associations etc..<br />Additional advantages:<br />May help clarify or redefine the problem definition<br />May provide a solution to the problem<br />May aid in primary research design<br />May provide background info. and foster creativity<br />
  32. 32. Limitations of Secondary Data<br />Lack of availability<br />Lack of relevance<br />Inaccuracy<br />Who gathered the data?<br />What was the purpose of the study?<br />What information was collected?<br />When was the information collected?<br />How was the information obtained?<br />Is the information consistent with other information?<br />Insufficient Data<br />
  33. 33. Secondary Data<br />Internal<br />External<br />Requires <br />Further Processing<br />Syndicated Services<br />Ready to Use<br />Published<br />Materials<br />Computerized Databases<br />A Classification of Secondary Data<br />
  34. 34.
  35. 35. Internal Secondary Data<br />Department Store Project<br />Sales were analyzed to obtain:<br />Sales by product line<br />Sales by major department (e.g., men's wear, house wares)<br />Sales by specific stores<br />Sales by geographical region<br />Sales by cash versus credit purchases<br />Sales in specific time periods<br />Sales by size of purchase<br />Sales trends in many of these classifications were also examined.<br />
  36. 36.
  37. 37. A Classification of Published Secondary Sources<br />Census Data<br />Other Government Publications<br />Statistical<br />Data<br />Indexes<br />Guides<br />Directories<br />Published Secondary Data<br />General Business Sources<br />Government Sources<br />
  38. 38. Published External Secondary Sources<br />Guides<br />An excellent source of standard or recurring information<br />Helpful in identifying other important sources of directories, trade associations, and trade publications<br />One of the first sources a researcher should consult<br />Directories<br />Helpful for identifying individuals or organizations that collect specific data<br />Examples: Consultants and Consulting Organizations Directory, Encyclopedia of Associations, FINDEX: The Directory of Market Research Reports, Studies and Surveys, and Research Services Directory<br />Indices<br />Helpful in locating information on a particular topic in several different publications <br />
  39. 39. A Classification of Computerized Databases<br />Computerized Databases<br />Online<br />Off-Line<br />Internet<br />Full-Text <br />Databases<br />Numeric Databases<br />Special-Purpose Databases<br />Bibliographic Databases<br />Directory Databases<br />
  40. 40. Classification of Computerized Databases<br />Bibliographic databases are composed of citations to articles.<br />Numeric databases contain numerical and statistical information. <br />Full-text databases contain the complete text of the source documents comprising the database. <br />Directory databases provide information on individuals, organizations, and services. <br />Special-purpose databases provide specialized information.<br />
  41. 41. InfoUSA: : Here, There, Everywhere<br />InfoUSA ( markets subsets of its data in a number of forms, including the professional online services (LEXIS-NEXIS and DIALOG), the general online services (CompuServe and Microsoft Network), the Internet (look-ups), and on CD-ROM. The underlying database on which all these products are based contains information on 113 million residential listings and 14 million business listings, as of 2003. These are verified with over 16 million phone calls annually. The products derived from these databases include sales leads, mailing lists, business directories, mapping products, and also delivery of data on the Internet.<br />
  42. 42. Syndicated Services<br />Companies that collect and sell common pools of data of known commercial value designed to serve a number of clients.<br />Syndicated sources can be classified based on the unit of measurement (households/consumers or institutions). <br />Household/consumer data may be obtained from surveys, diary panels, or electronic scanner services. <br />Institutional data may be obtained from retailers, wholesalers, or industrial firms.<br />
  43. 43. A Classification of Syndicated Services<br />Unit of<br />Measurement<br />Households/<br />Consumers<br />Institutions<br />
  44. 44. Syndicated Services: Consumers<br />Households / Consumers<br />Panels<br />Electronic scanner services<br />Purchase<br />Media<br />Scanner Diary Panels with Cable TV<br />Volume Tracking Data<br />Scanner Diary Panels<br />Surveys<br />Psychographic<br />& Lifestyles<br />Advertising<br />Evaluation<br />General<br />
  45. 45. Syndicated Services: Institutions<br />Institutions<br />Wholesalers<br />Industrial firms<br />Retailers<br />Audits<br />Direct Inquiries<br />Clipping Services<br />Corporate<br />Reports<br />
  46. 46. Type of Individual/Household Level DataAvailable from Syndicated Firms<br />I. Demographic Data<br /> - Identification (name, address, telephone)<br /> - Sex<br /> - Marital status<br /> - Names of family members<br /> - Age (including ages of family members)<br /> - Income<br /> - Occupation<br /> - Number of children present<br /> - Home ownership<br /> - Length of residence<br /> - Number and make of cars owned<br />
  47. 47. Type of Individual/Household Level Data Available from Syndicated Firms<br />II. Psychographic Lifestyle Data<br /> - Interest in golf<br /> - Interest in snow skiing<br /> - Interest in book reading<br /> - Interest in running<br /> - Interest in bicycling<br /> - Interest in pets<br /> - Interest in fishing<br /> - Interest in electronics<br /> - Interest in cable television<br />There are also firms such as Dun & Bradstreet and American Business Information which collect demographic data on businesses.<br />
  48. 48. A Classification of International Sources<br />International Secondary Data<br />Fig. 4.5<br />Domestic Organizations in<br /> India<br />International Organizations in India<br />Organizations in Foreign Countries<br />International Organizations<br />Trade Associations<br />Government Sources<br />Nongovernment <br />Sources<br />Governments<br />
  49. 49. Other Sources of Secondary Data<br />Geographic Information Systems<br />Computer-based systems that use secondary and/or primary data to generate maps that visually display answers to research questions.<br />
  50. 50. Summary of Key Points<br />Secondary data are information previously gathered for a different purpose that may be relevant to the problem at hand.<br />Secondary data can come from sources internal to the organization or external.<br />The internet and syndicated firms have, in many ways, enabled the gathering of secondary data.<br />Secondary data are generally useful, low-cost, rapidly available sources of information.<br /> Always look for secondary data first<br />
  51. 51. THANK YOU<br />
  1. A particular slide catching your eye?

    Clipping is a handy way to collect important slides you want to go back to later.