DATA COLLECTION PRIMARY & SECONDARY Presentation By Akbar Salim Shaikh.

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Presentation transcript:

DATA COLLECTION PRIMARY & SECONDARY Presentation By Akbar Salim Shaikh

Introduction:- Data collection is a term used to describe a process of preparation and collecting data. Systematic gathering of data for a particular purpose from various sources, that has been systematically observed, recorded, organized. Data are the basic inputs to any decision making process in business.  

Purpose of Data Collection:- The purpose of data collection is- To obtain information To keep on record To make decisions about important issues To pass information on to others

Primary and Secondary Data;- Information collected in the process of conducting research is often referred to as data. This data includes statistics as well as written information. We saw in Chapter One that 'quantitative' (numerical) and 'qualitative' (words and images) data is one of the main ways we divide up types of data in research. Many texts categorise research as either 'quantitative' or 'qualitative' when these categories might more accurately be seen as types of data. Interviews, for example, are often associated with 'qualitative' research; yet some interviews may be highly structured and yield quantifiable data, whilst semi-structured interviews will yield more qualitative data.

Therefore, the notion of 'qualitative' or 'quantitative' research can be a false distinction. Perhaps it is better to think in terms of types of data and the techniques or methods used to collect this data. Primary Data is new information, collected during the course of conducting a social survey or structured interview, for example. Secondary Data is information that already exists, such as statistics, reports, case files, images, media sources and a variety of documents. Research often involves the collection of more than one type of data.

Classification of Data: Tyes Secondary Data Primary Data

Primary Data:- The data which are collected from the field under the control and supervision of an investigator. Primary data means original data that has been collected specially for the purpose in mind. This type of data is generally afresh and collected for the first time. It is useful for current studies as well as for future studies. For example: - your own questionnaire.

Primary Research Methods & Techniques Quantitative and qualitative information:-   Quantitative:- based on numbers-56% of 18 years old drink alcohol at least four times a week – doesn’t tell you why, when, how. Qualitative:-more detail-tells you why, when, and how!

Primary Research Category:- Quantitative Research Numerical   Quantitative Research Numerical Statistically Projectable to a broader population

Quantitative Research Category:- Sampling Methods: Random Sample-equal chance of anyone being picked. May select those not in the target group-indiscriminate. Sample size may need to be large to be representative. Can be very expensive.

Quantitative Research Category:- Stratified or segment Random Sampling Samples on the basis of a representative strata or segment Still random but more focussed May give more relevant information May be more cost effective

Quantitative Research Category:- Quota Sampling Again – by segment Not randomly selected Specific number on each segment is interview, etc. May not be fully representative. Cheaper Method

Qualitative Research Category:-   Qualitative Research In-depth, insight generating Non-numerical Direction Common Techniques Personal interviews(depth, one-on-one) Focus group(8-12)and mini-groups(3-6)

Methods:- OBSERVATION METHOD Through personal observation PERSONAL METHOD Through Questionnaire TELEPHONE INTERVIEW Through Call outcomes. Call timing MALL SURVEY Through Mailed

Secondary Data:- Data gathered and recorded by someone else prior to and for a purpose other than the current project. Secondary data is data that has been collected for 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.

Sources: -   INTERNAL SOURCES Internal sources of secondary data are usually for marketing application Sales Record Marketing Activity Cost Information Distributor reports and feedback Customer feedback

Sources: - EXTERNAL SOURCES External sources of secondary data are usually for Financial application- Journals Books Magazines Newspaper Libraries The Internet

Advantages and Disadvantages of Primary Data:- Targeted issues are addressed Data interpretation is better Efficient Spending for information Decency of Data Proprietary Issues Addresses Specific Research Issues Greater Control

Advantages and Disadvantages of Primary Data:- High Cost Time Consuming Inaccurate Feed-backs More numbers of resources is required

Advantages and Disadvantages of Secondary Data:- Ease of Access Low Cost to Acquire Clarification of Research Question May answer Research Question

Advantages and Disadvantages of Secondary Data:- Quality of Research Not Specific to Researcher’s Needs Incomplete Information Not Timely.

Thank You