Thursday, May 22, 2008

Secondary data (MR, unit 6)

data neither collected by, nor specifically for, the user
always start with secondary research - check what's already known and what to investigate further
collecting secondary data = 'desk research'

THE USE OF SECONDARY DATA
  • Backdrop to primary research - journals, existing market reports, press
  • Substitute for primary research - primary is very costly, so use cost-benefit analysis
  • Technique in itself - some information can only be got through secondary data e.g. trends over time
BENEFITS, RISKS & DANGERS OF USE
Consider...
  • who produced it - e.g. bias, trade association may exclude counter interest
  • reasons for data being collected
  • collection method
  • how old data is
  • how parameters defined
Advantages:
  • cheaper and quicker than primary
  • can help: define parameters (hypothesis and sampling), give guidance, assimilate primary with past research
Disadvantages:
  • relevance
  • cost-benefit analysis
  • bias
  • accuracy:
    • is the raw data available?
    • were questionnaires properly constructed?
    • large enough sample?
    • were field workers supervised?
    • correct analysis?

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