Lecture 3
Lecture 3
IB9HU0
Market Research
Week 3: Research Design
Term 2, Week 3
Overview of Research Methods
Conclusive
Secondary Primary
Qualitative Quantitative
In-depth Ethnography/
Focus Groups Surveys Experiments
Interviews Observations
Overview of Research Methods
Conclusive
Secondary Primary
Secondary Primary
• Secondary data: existing data that has been collected prior to the project at
Qualitative Quantitative
hand (e.g., for other research projects, by other researchers)
• Primary data: new data that has been collected by the researcher(s) specific to
the projectIn-depth
at hand Ethnography/
Focus Groups Surveys Experiments
Interviews Observations
Overview of Research Methods
Secondary Primary
Purpose • Data collected for purposes • Data collected for the
other than the specific specific problem at hand
problem at hand
Process • Rapid and easy, accessible • High involvement
Cost • Relatively inexpensive • Relatively expensive
Time • Short • Long
Function • May not provide answers • Provides answers specific to
specific to the problem at the problem at hand
hand
Malhotra (2020)
Evaluation of Secondary Data
• Key Considerations
• Specifications/Methodology: Is the data reliable, valid, and generalisable to
the problem at hand?
• Error/Accuracy: Is the data accurate? (compare data from different sources)
• Currency: Is the data current?
• Objective: Why were the data collected? Is it relevant to the problem at hand?
• Nature: Are the definitions of key variables, units of measurements, categories
used, consistent with the problem at hand? Are there ambiguous terms?
• Dependability: Who published the data? What is the expertise, credibility,
reputation, and trustworthiness of the source?
1 2 3 4 5 6
The 6W’s Approach Problem
Definition
Develop an
Approach
Research
Design
Data
Collection
Data
Preparation
and Analysis
Report
Preparation