Performance indicators:
- Student describes different kinds of market research tools.
- Student describes how to implement market research tools effectively.
A. Open the online article ‘What is Market research?’
CLICK HERE
B. Read it. Then answer the questions below. Save your answers on a Microsoft Word document. Save it as ‘CA 10-6 Name’ (For example: CA 10-6 Luis Molina) Send it to ctpss.english@gmail.com
1. What is market research?
2. Look at additional resources and briefly define these concepts: Target market, consumers, competitors. Include the source of your information (link)
3. Why do businesses carry out market research? Mention the seven reasons.
4. Define the two types of market research data.
5. Define qualitative and quantitative information
6. Mention one advantage and one disadvantage of primary research.
7. What is a customer survey? How can it be conducted?
8. What advantages do in-deep interviews have over customer surveys for getting market research data? What might be a disadvantage that in-deep interviews have in comparison to customer surveys for getting market research data?
9. What is a focus group? How can it be conducted? Mention one advantage and one disadvantage of this market research tool.
10. Define observation. Mention one advantage and one disadvantage of this market research tool.
D. Get familiar with the app. Watch this tutorial: