Monday, October 2, 2017

Market research

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List three things you learned about Market Research.  Denote them with 1., 2., 3.

18 comments:

  1. 1.) Market research surveys ask questions of select groups of people. These people are called the sample. 2.) The number of people questioned for a survey is called the sample size,3.) the bigger the sample the more money costs.

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  2. 1. there are two types
    2.it involves math
    3.every company has to do it

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  3. i learned Secodary data was previously recorded and primary data is new like surveys and sample size is number of people questioned in a survey.

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  4. 1. Market research have big impact on businesses 2. The research are about the quality and quantity 3. There are 2 kind of sources primary and secondary data.

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  5. 1. Qualitative research focuses on quality, in smaller sized groups.
    2. Quantitative research focuses on quantity, in larger groups.
    3. People tend to use secondary data over primary data because it is cheaper and easier.

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  6. 1 I learned how companies do market research and how they use it to there advantage
    2 Found out that there is a process to using market research
    3 also found out that there is qualitative research and quantitative research.

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  7. 1. Retailers use market to find out what their customers want.
    2. Market research can help customers tell the businesses what they want.
    3.Some info gathered through verbal communication while other is gathered through surveys etc

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  8. 1) There are five steps, identify the problem, obtain data, analyze data, choose the best solution, and follow up on the results
    2) Secondary data is recorded before primary data
    3) Quantitative research is used to answer questions about quantities using a large group of consumers.

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  9. 1.) Focus groups contain 8-15 people and are used by companies to test products or find issues within a company.
    2.) Qualitative research is used to find out information from customers that can be answered by quantitative questions.
    3.) Quantitative questions are used to answer types of questions that are about qualities and amounts.

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  10. 1. I learned the difference between qualitative and quantitative research. Qualitative is used to discover consumer information and quantitative research is used to answer questions about quantities and amounts.
    2. I also learned that there are two sets of data to use for market research (primary and secondary).

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  11. 1.) Market research is done by gathering people and doing surveys
    2.) Helps identify what customers want/need.
    3.) 2 types of data, primary and secondary

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  12. Three things learned about market research
    1.Market research is to gather info of the product and what the customers want.
    2.Also the to take data and make a product.
    3.The number of people who took the survey is called sample size.

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  13. 1. companies use market research as a survey to help them find out what there doing right and wrong.
    2.Qualitative research focuses on smaller groups of people to get better quality research.
    Quantative research focuses on bigger groups to get a wider range of opinions.

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  14. 1.there are different types of marketing research
    2.primary data is facts that are collected for the first time for the problem under study
    3.marketing research can help customers explain what they want from the business

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  15. I learned primary and secondary are the two main sources. I learned there is a lot of math involved. And I learned the group of people survey is called a sample size.

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  16. 1. I found out what qualitative and quantitative is.
    2. Secondary is more important than primary
    3. Samples are more expensive

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  17. 1)Marketers survey people to learn about the people
    2)They use qualitative and quantitative research
    3)There is secondary and primary data

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  18. 1. Secondary data is recorded before primary
    2. Quantitative research focuses on quantity
    3. Qualitative research focuses on quality

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