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Field research/Primary research

Carrying out market research
Image caption,
A face-to-face market research survey is an example of field research

Field research is information that is first-hand information. It has been collected by the business for a specific purpose.

Methods of collecting field research include:

  • focus group
AdvantagesDisadvantages
Only firm that collects data has access to itExpensive to collect
Collected for a specific purposeTime consuming
AdvantagesOnly firm that collects data has access to it
DisadvantagesExpensive to collect
AdvantagesCollected for a specific purpose
DisadvantagesTime consuming