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MARKETING
RESEARCH
PRESENTED TO
MS.PREETI BAJAJ
SMART SCHOLARS
•   RIMPI SINHA
•   SARVANI
•   RAMYA
•   PRERANA
•   IVY
•   FABINA
SECONDARY DATA
Secondary data are pieces
  of information that have
already been collected for a
 different purpose, but may
be relevant to the research
      problems at hand
USES
• Secondary data are useful for addressing a
  number of research questions, for example:
 •   Estimating market potential
 •   Analyzing competitors
 •   Sales forecasting
 •   Assessing industry trends
 •   Alerting the manager to potential problems
 •   Providing preliminary information to guide
     subsequent primary data collection
Advantages
• It is economical. It saves efforts and
  expenses.
• It is time saving.
• Basic of Primary Research
• It helps to improve the understanding of
  the problem.
• It provides a basis for comparison for
  the data that is collected by the
  researcher.
• Extensiveness of data
DISADVANTAGES
• Bias:
Many documents used in research were not
originally intended for research purposes.
• Selective survival:
Since documents are usually written on paper,
they do not stand with the elements well
unless care is taken to preserve them.
• Incompleteness:
     Many documents provide incomplete account to
the researcher who has had no prior experience with
or knowledge of the events or behavior discussed.
• Lack of availability of documents:
   In addition to thee bias, incompleteness, and
selective survival of documents, there are many areas
of study for which no documents are available.
Sources of Secondary
Data:
• While primary data can be collected through
  questionnaires, depth interview, focus group interviews,
  case studies, experimentation and observation; The
  secondary data can be obtained through

• Internal Sources - These are within the organization
• External Sources - These are outside the organization
INTERNAL SOURCES:

 Accounting resources
 Sales Force Report
 Internal Experts
 Miscellaneous Reports
External Sources
• Computerized database
• Associations
• External experts
• Syndicate services
• Directories
• Secondary data is often readily available. After
  the expense of electronic media and internet the
  availability of secondary data has become much
  easier.
Published Printed Sources
• There are varieties of published printed sources.
• For example, on the writer, publishing company
  and time and date when published.
Books
• The uses of books start before even you have
  selected the topic.
• Books are secondary source but most authentic
  one in secondary sources.
Journals/periodicals
• Journals provide up-to-date information which at times books
  cannot and
• secondly journals can give information on the very specific
  topic on which you are researching rather talking about more
  general topics.
Magazines/Newspapers
• Newspaper on the other hand is more reliable and in some
  cases the information can only be obtained from newspapers.
Published Electronic Sources
             As internet is becoming more advance, fast and
reachable to the masses; it has been seen that much
information that is not available in printed form is available on
internet.
E-journals:
• E-journals are more commonly available than printed journals.
General Websites:
• Generally websites do not contain very reliable information so their
  content should be checked for the reliability before quoting from
  them.
Weblogs:
• They are actually diaries written by different people.
• These diaries are as reliable to use as personal written diaries.

Unpublished Personal Records
Diaries:
• Diaries are personal records and are rarely available but if you are
  conducting a descriptive research then they might be very useful.
• The Anne Franks diary is the most famous example of this. That
  diary contained the most accurate records of Nazi wars.
• Government Records
• Government records are very important for
  marketing, management, humanities and
  social science research.
• Census Data/population statistics
• Health records
• Educational institutes records
• Public Sector Records
• NGO's survey data
• Other private companies records

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Marketing Research Secondary Data Sources

  • 2. SMART SCHOLARS • RIMPI SINHA • SARVANI • RAMYA • PRERANA • IVY • FABINA
  • 3. SECONDARY DATA Secondary data are pieces of information that have already been collected for a different purpose, but may be relevant to the research problems at hand
  • 4. USES • Secondary data are useful for addressing a number of research questions, for example: • Estimating market potential • Analyzing competitors • Sales forecasting • Assessing industry trends • Alerting the manager to potential problems • Providing preliminary information to guide subsequent primary data collection
  • 5. Advantages • It is economical. It saves efforts and expenses. • It is time saving. • Basic of Primary Research • It helps to improve the understanding of the problem. • It provides a basis for comparison for the data that is collected by the researcher. • Extensiveness of data
  • 6. DISADVANTAGES • Bias: Many documents used in research were not originally intended for research purposes. • Selective survival: Since documents are usually written on paper, they do not stand with the elements well unless care is taken to preserve them.
  • 7. • Incompleteness: Many documents provide incomplete account to the researcher who has had no prior experience with or knowledge of the events or behavior discussed. • Lack of availability of documents: In addition to thee bias, incompleteness, and selective survival of documents, there are many areas of study for which no documents are available.
  • 8. Sources of Secondary Data: • While primary data can be collected through questionnaires, depth interview, focus group interviews, case studies, experimentation and observation; The secondary data can be obtained through • Internal Sources - These are within the organization • External Sources - These are outside the organization
  • 9. INTERNAL SOURCES:  Accounting resources  Sales Force Report  Internal Experts  Miscellaneous Reports
  • 10. External Sources • Computerized database • Associations • External experts • Syndicate services • Directories
  • 11. • Secondary data is often readily available. After the expense of electronic media and internet the availability of secondary data has become much easier. Published Printed Sources • There are varieties of published printed sources. • For example, on the writer, publishing company and time and date when published. Books • The uses of books start before even you have selected the topic. • Books are secondary source but most authentic one in secondary sources.
  • 12. Journals/periodicals • Journals provide up-to-date information which at times books cannot and • secondly journals can give information on the very specific topic on which you are researching rather talking about more general topics. Magazines/Newspapers • Newspaper on the other hand is more reliable and in some cases the information can only be obtained from newspapers. Published Electronic Sources As internet is becoming more advance, fast and reachable to the masses; it has been seen that much information that is not available in printed form is available on internet.
  • 13. E-journals: • E-journals are more commonly available than printed journals. General Websites: • Generally websites do not contain very reliable information so their content should be checked for the reliability before quoting from them. Weblogs: • They are actually diaries written by different people. • These diaries are as reliable to use as personal written diaries. Unpublished Personal Records Diaries: • Diaries are personal records and are rarely available but if you are conducting a descriptive research then they might be very useful. • The Anne Franks diary is the most famous example of this. That diary contained the most accurate records of Nazi wars.
  • 14. • Government Records • Government records are very important for marketing, management, humanities and social science research. • Census Data/population statistics • Health records • Educational institutes records • Public Sector Records • NGO's survey data • Other private companies records