why businesses use market research primary research methods, e.g. questionnaires or surveys, interviews, focus groups, observation the concept of sampling and why it is useful to businesses advantages and disadvantages of primary market research methods secondary research methods, e.g. competitor websites, government sources, market reports, trade magazines advantages and disadvantages of secondary market research methods factors influencing the accuracy of market research data analyse simple market research data
Objective notes1 learning objective3.2.1Methods of market research• why businesses use market research• primary research methods, e.g. questionnaires or surveys, interviews, focus groups, observation• the concept of sampling and why it is useful to businesses• advantages and disadvantages of primary market research methods• secondary research methods, e.g. competitor websites, government sources, market reports, trade magazines• advantages and disadvantages of secondary market research methods• factors influencing the accuracy of market research data• analyse simple market research dataView