Define 'secondary market research'.
- (a)Define 'secondary market research'.[2]
- (b)Briefly explain two advantages of using 'focus groups' as a method of market research.[3]
Mark scheme
Marking points from the official mark scheme (Oct/Nov 2016). The mark or mark type is shown in brackets.
- The collection of data from second hand sources.
- [2 marks] Sound definition given
- [1 mark] Partial definition (limited understanding)
- Definition: a form of qualitative research in which a group of people are asked about their perceptions/opinions/beliefs/attitudes/views towards a product or service.
- [3 marks] Sound explanation of two advantages of the use of 'focus groups' as a method of market research
- [2 marks] Sound explanation of one advantage or partial explanation of two
- [1 mark] Partial explanation of one advantage or a list of two, or an accurate definition.
- Considered to be an important source of marketing data.
- Used to secure feedback about new products/services.
- Considered to be more accurate and reliable information than surveys.
- More opportunity for views, ideas, comments than in individual interviews or questionnaires - rich discussion.
- Produces important qualitative information.
- Can save time / cost.
- NB: focus groups can consist of general consumers or targeted consumers.
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