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DATA COLLECTION
SUBMITTED TO:- SUBMITTED BY:-DR. KHUJAN SINGH AMARJEET 15103046 M.COM ( P ) DATA COLLECTION PRIMARY & SECONDARY
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INTRODUCTIONData collectionis a term used to describe a process of preparing and collectingdata Systematicgatheringof datafor aparticular purpose from various sources, that has been systematically observed, recorded, organized.Data are the basic inputs to any decision making process in business
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PURPOSE OF DATA COLLECTIONThe purpose of data collection is- to obtain information to keep on record to make decisions about important issues, to pass information on to others
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CLASSIFICATION OF DATA
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PRIMARY DATAThe data which are collected from the field under the control and supervision of an investigatorPrimary data means original data that has been collected specially for the purpose in mindThis type of data are generally afresh and collected for the first timeIt is useful for current studies as well as for future studiesFor example:your own questionnaire.
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Primary Research Methods & TechniquesSurveys Personal interview (intercepts) Mail In-house, self-administered Telephone, fax, e-mail, Web
Quantitative DataPrimary Research
ExperimentsMechanical observationSimulation
Qualitative DataCase studiesHuman observationIndividual depthinterviewsFocus groups
Primary Research CategoriesQuantitative ResearchNumericalStatistically reliableProjectable to a broader population
7Read more about Observation Research in Chapter 6
Physiological research uses techniques that measure voluntary and involuntary responses.
Quantitative Research CategoriesSampling Methods:Random Samples equal chance of anyone being pickedMay select those not in the target group indiscriminateSample sizes may need to be Large to be representativeCan be very expensive
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Quantitative Research CategoriesStratified or Segment Random SamplingSamples on the basis of a representative strata or segmentStill random but more focussedMay give more relevant informationMay be more cost effective
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Quantitative Research CategoriesQuota SamplingAgain by segmentNot randomly selectedSpecific number on each segment are interviewed, etc.May not be fully representativeCheaper method
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Qualitative Research CategoriesQualitative ResearchIn-depth, insight generatingNon-numericalDirectional
Common TechniquesPersonal interviews (depth, one-on-one)Focus groups (8-12) and mini-groups (3-6)
11Insights that are common for gauging are 1) the why of behaviors, 2) motivations, 3) attitudes, 4) consumer needs, 3) decisionmaking patterns
METHODSOBSERVATION METHOD Through personal observationPERSONAL INTERVIEW Through QuestionnaireTELEPHONE INTERVIEW Through Call outcomes, Call timingsMAIL SURVEY Through Mailed Questionnaire
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SECONDARY DATAData gathered and recorded by someone else prior to and for a purpose other than the current project Secondary data is data that has beencollectedfor another purpose.It involves less cost, time and effort Secondary data is data that is being reused. Usually in a different context.For example:data from a book.
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SOURCESINTERNAL SOURCES Internal sources of secondary data are usually for marketing application- Sales RecordsMarketing ActivityCost InformationDistributor reports and feedbackCustomer feedback
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SOURCESEXTERNAL SOURCES External sources of secondary data are usually for Financial application-JournalsBooks MagazinesNewspaperLibrariesThe Internet
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Advantages & Disadvantages of Primary DataAdvantagesTargeted Issues are addressedData interpretation is betterEfficient Spending for InformationDecency of DataProprietary IssuesAddresses Specific Research IssuesGreater Control
Advantages & Disadvantages of Primary DataDisadvantagesHigh CostTime ConsumingInaccurateFeed-backsMore number of resources is required
Advantages & Disadvantages of Secondary DataAdvantagesEase of AccessLow Cost to AcquireClarification of Research QuestionMay Answer Research Question
Disadvantages & Disadvantages of Secondary DataDisadvantagesQuality of ResearchNot Specific to Researchers NeedsIncomplete InformationNot Timely
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