Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


what is difference between a primary market and secondary
market in us economy as per e-commerce point of view ?



what is difference between a primary market and secondary market in us economy as per e-commerce p..

Answer / dhara patel

Market research is generally either primary or secondary. Primary market research is when a company carries out research first hand. Primary market research is more reliable than secondary research because you know that the information you have gathered is accurate, as you have collected it yourself. It is also specific to your type of product/service. On the other hand, it is very time consuming and costs more, for example in consumer panels, products have to be given away for free so that they can be tested. This type of research can also be called field research.
Some forms of primary market research are as follows:
Ø Questionnaires/Surveys
Ø Interviews (can be done one-to-one, in a group or over the internet)
Ø Observation
Ø Focus Group/Consumer Panel - asking customers how they feel about their products
In secondary research, the company uses information from other sources that has already been researched by somebody else. Instead of carrying out research yourself like in primary research, you simply use somebody else's results that have already been collected which have been carried out in similar ways to how you would have carried it out. The advantages of secondary research are that it is relatively cheap, easily accessible and can be done very quickly. Disadvantages of secondary research are that it is often not specific to your area of research and the data used can be biased and is difficult to validate. As you have not collected it yourself, you cannot be sure how accurate it is as it could be biased. This type of research can also be called desk research.
Some forms of secondary market research are as follows:
Ø Websites
Ø Magazines
Ø News/Newspapers
Ø Textbooks
Ø Journals - specialist magazines
Ø Other companies financial reports

Is This Answer Correct ?    2 Yes 1 No

Post New Answer

More IT Management Interview Questions

What are the Roles and Responsibilities of BDM in IT Industry ? And Tell me some thing about about IT industries

0 Answers   CMS,


purpose of assigning Field Status Variant to Company code??

0 Answers  


In SAP Business Objects XI R3.1,4.0 Central Configuration Manager is down means what we have to do?

0 Answers   Wipro,


Describe some of your most important career accomplishments

0 Answers   Visa,


Problem about Huawei S5700 in eNSP

1 Answers   Network,


7. (a) How do you implement internal controls in IT systems? (b) How to design internal controls over financial reporting, when financial reporting is performed totally from the software application? Explain briefly the major points. (c) What are the additional controls needed, when the software interfaces are webbased? Explain the materiality of the payroll processing functions to be performed by webinterfaces from the control perspective.

0 Answers  


6. Assume that a data stream is 01011100. Encode this stream using the following encoding schemes: a) RZ encoding b) Manchester c) Differential Manchester d) NRZ-L e) NRZ-I

1 Answers   Government,


how to face telephonic round interview as a candidate. Kindly give me the tips. I am going to facing the telephonic interview for the post of IT networking sales Executive I am currently working with the same company Distributor . This is my Ist Interview in my life. My English is not very good

2 Answers   Amazon, Camex Infomatix, FSL, GE, HCL, MAQ Software, Ocwen, TCS, Tech Mahindra,


what is your self n what is your hobise n why?

1 Answers  


Hi, I worked TCS (BA) third party for only 18 days. After that i didnt go to office due to some problem. i send resign letter through mail.Just i want to know whether its affect my career.? also my consultant is drop the mail TCS is ben for me so its true ...i need to pull back agin try. so its posssible Pls guide me

0 Answers  


What is the difference between product based and service based IT companies?

2 Answers   ABC, Wipro,


How do you monitor risks to the project and mitigate them?

1 Answers   Safeway,


Categories
  • Business Administration Interview Questions Business Administration (517)
  • Marketing Sales Interview Questions Marketing Sales (1279)
  • Banking Finance Interview Questions Banking Finance (3208)
  • Human Resources Interview Questions Human Resources (747)
  • Personnel Management Interview Questions Personnel Management (68)
  • Hotel Management Interview Questions Hotel Management (29)
  • Industrial Management Interview Questions Industrial Management (113)
  • Infrastructure Management Interview Questions Infrastructure Management (14)
  • IT Management Interview Questions IT Management (97)
  • Supply Chain Management Interview Questions Supply Chain Management (16)
  • Operations Management Interview Questions Operations Management (39)
  • Funding Interview Questions Funding (79)
  • Insurance Interview Questions Insurance (494)
  • Waste Management Interview Questions Waste Management (1)
  • Labor Management Interview Questions Labor Management (48)
  • Non Technical Interview Questions Non Technical (73)
  • Business Management AllOther Interview Questions Business Management AllOther (546)