Economy, asked by nonglung, 5 months ago

Q6. what are various methods of collecting primary data? Explain any one method along with it marits and demerits​

Answers

Answered by iymanmalik1994
4

Answer:

Primary data can be collected in a number of ways. However, the most common techniques are self-administered surveys, interviews, field observation, and experiments. Primary data collection is quite expensive and time consuming compared to secondary data collection.

Explanation:

The following are the different methods of collecting primary data:

1. Direct Personal Interview

The researcher contacts the respondents personally and obtains all the relevant information for his study.

2. Indirect Oral Interview

This approach is used when it is not possible to get the information directly from the parties concerned.

For example, if the study is on addiction to alcohol, the required information can be better secured by approaching those who are closely related to the addict.

3. Information from correspondents

In this case, the investigator will appoint agents or correspondents to collect the necessary information from the parties. Newspaper agencies follow this approach.

4. Mailed Questionnaire Method

Here, the investigator will prepare a questionnaire, containing the questions pertaining to the study, and send it to each respondent by post. The respondent will fill it and send it back to the investigator.

5. Schedules sent through enumerators

In this method, the researcher would send schedules through enumerators or interviewers. The interviewers would interview the respondents and record the details.

The main difference between a questionnaire and a schedule is that the former is filled up by the respondents in their own handwriting and sent back to the investigator by post while the latter is filled up by the interviewers in the presence of the respondents.

Advantages of Primary Data in Marketing Research

1. It is original and fresh.

2. It is possible to collect the information that is just relevant for the study.

3. The researcher can achieve maximum accuracy in the collection and analysis of data.

4. The researcher can be sure of the reliability of the data.

5. Primary data alone are necessary for certain studies, e.g., studying the effectiveness of advertising.

Disadvantages of Primary Data in Marketing Research

1. Collection of primary data is a time consuming affair.

2. It may be expensive too.

3. It is difficult to find sincere and honest interviewers or enumerators.

4. In the case of questionnaire method, the researcher might face the problem of non-response.

5. The respondents may not be prepared for an interview when the enumerator approaches them with the schedule.

What is a Secondary Data in Marketing Research?

Data which are not originally collected by the researcher but obtained from books, records, journals, dissertations, Government Orders, etc., are known as secondary data.

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Answered by harshchhajer04
3

Answer:

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