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DATA COLLECTION

What is Data?
• Data refers to a collection of natural
phenomena,descriptors including the results of
experience,observation or experiment, or a set
of premises.
• This may consist of numbers, words, or images
particularly as measurements or observations
of a set of variables.
SOURCES OF DATA

• Primary data
• Secondary data
Primary Data
Primary source is used to collect initial
material during the research process. Primary
data is the data that the researcher collects
himself using methods such as surveys, direct
observations, interviews etc.
Secondary data

• Secondary sources are edited primary


sources,second-hand versions. Secondary
data are data that were collected by persons
or agencies for purposes other than solving
the problem at hand.It is commonly known
as second-hand analysis.
Secondary Data
Data gathered and recorded by someone else
prior to and for a purpose other than the
current project
Is often:
• Historical
• Already assembled
• Needs no access to subjects
Advantages of Secondary Data
• Inexpensive
• Obtained Rapidly
• Information is not Otherwise Accessible
Government Data Is Often Free

Copyright © 2000 by Harcourt, Inc. All rights reserved.


Disadvantages of Secondary Data
• Uncertain Accuracy
• Data Not Consistent with Needs
• Inappropriate Units of Measurement
• Time Period Inappropriate (Dated)
Secondary Data may be Dated
The Economic Census profiles the
U.S. economy every 5 years, from the
national to the local level.
Evaluating Secondary Data

Does the data help to


answer questions
set out in the
problem definition?
Applicability
to project
objectives Does the data apply to
the time period of
interest?

Does the data apply to


the population of
interest?
Evaluating Secondary Data (continued)

Do the other terms


and variable
classifications
Applicability presented apply?
to project
objectives
Are the units of
measurement
comparable?

If possible, go to the
original source of the
Accuracy data?
of the data
Is the cost of data
acquisition worth it?

Accuracy Is there a possibility


of the data of bias?

Can the accuracy of


data collection be
verified?
Objectives for Secondary Data
Studies
• Fact Finding
• Model Building
• Data Based Marketing
Common Research Objectives
for Secondary Data Studies
Fact Finding - Identifying consumption
patterns
- Tracking trends

Model building - Estimating market potential


- Forecasting sales
- Selecting trade areas and
sites
Data Base Marketing - Development of Prospect Lists
- Enhancement of Customer
Lists
Fact Finding
• Identify consumer
behavior
• Trend analysis
• Environmental
scanning
Model Building
• Market potential
• Forecasting sales
• Analysis of trade areas
Data Based Marketing
• Practice of maintaining a customer data
base
• Names
• Addresses
• Past purchases
• Responses to past efforts
• Data from numerous sources
Internal Data
 Internal and proprietary data is more descriptive

• Accounting information
• Sales information
• Backorders
• Customer complaints
Data Mining
Traditional Distribution
Indirect Channel Using Intermediary

Information Producer
(Federal Government)

Library
(Storage of
government
documents
and books)

Company User
Traditional
Distribution
Direct Channel

Information Producer
(Federal Government)

Company User
Direct, Computerized Distribution Using Intermediary

Information producer’s
(Just-in-time inventory partner)
computerized database

Company user
External Data
• Created, recorded, or generated by an entity
other than the researcher’s organization
• Government
• Trade associations
• Newspapers and journals
External Data
• Libraries
• The Internet
• Vendors
• Producers
• Books and periodicals
External Data
• Government sources
• Media sources
• Commercial sources
Government Sources
Commercial Sources
• Market share data companies like A.C.
Nielsen provide information about sales
volume and brand share over time
• Demographic and census updates—many
organizations supply census updates, in
easy-to-use or custom formats
Commercial Sources
• Attitude and public opinion research—
syndicated services report the findings of
opinion polls
• Consumption and purchase behavior data
• Advertising research—readership and
audience data
Single Source Data
• Diverse types of data offered from a single
source
- e.g., television viewing and scanner
purchase data
- e.g., Prizim and ClusterPlus
Global Secondary Data
• Typical limitations
• Additional pitfalls
• Unavailable
• Questionable accuracy
• Lack of standardized terminology
THANK YOU !!!

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