Quantitative and Qualitative
Quantitative Research:
Concerned with data
E.g. How many?, How often?, Who?, When?, and Where?
Often on larger samples and is, therefore, more statistically valid
The main methods of obtaining quantitative data are the various forms of surveys- e.g Telephone, Postal, Face-to-face and online
Quantitiative Research:
Based on opinions, attitudes, beliefs and intentions
E.g. Why?, Would?, or How?
Aims to understand why customers behave in a certain way or how they may respond to a new product or service
Focus groups and interviews are common methods used to collect qualitative data
Focus groups are common in primary research:
A focus group is a form of qualitative research in which a group of people are asked about their perceptions, opinions, beliefs, and attitudes towards a product, service, concept, advertisement, idea, or packaging
Benefits of Quantitative Research:
Data relatively easy to analyse
Numerical data provides insights into relevant trends
Can be compared with data from other sources (e.g. competitors, history)
Drawbacks of Quantitative Research:
Focuses on data rather than explaining why things happen
Doesn’t explain the reasons behind numerical trends
May lack reliability if the sample size and method are not valid
Benefits of Qualitative Research:
Essential for important new product development and launches
Focused on understanding customer needs, wants, and expectations very useful insights for a business
Can highlight issues that need addressing- e.g. why customers don’t buy
Effective way of testing elements of the marketing mix- e.g. new branding, promotional campaigns
Drawbacks of Qualitative Research:
Expensive to collect and analyse- requires specialist research skills
Based on opinions- always a risk that the sample is not representative