Secondary or extant data (already available data) can be very helpful for any marketing research project. Because it is already available, you do not need to spend the time or the money to repeat studies or surveys that have already been done. Research Design and Data Collection Methods Assignment. A quick scan of extant data at the beginning of a research project can save a lot of time and help you decide how to budget your time and resources best. Using extant data can also be problematic. If a study was conducted for a different purpose than yours, the results may not be exactly applicable to your situation. Also, sometimes, it can be just as difficult or expensive to get secondary data as it is to perform the actual research. Therefore, it is important to examine sources of extant data carefully and make good decisions about when to rely on existing information and when to conduct primary research yourself.
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This assignment will help you understand how these external databases can be valuable to marketing research. This “informational” assignment is not directly linked to your final project. In this assignment, you will identify and describe 3 data sources (i.e., databases that collect data available for external users) that could benefit marketing researchers. DO NOT describe a “Type” of secondary data source (i.e., Journal, Newspaper, etc.), and DO NOT describe a “Source” for secondary data source databases (i.e., Google Scholar, Scopus, etc.). Still, you should describe 3 specific secondary data sources (See the prospective list below). Research Design and Data Collection Methods Assignment.As you review the questions below, keep your sections together (following the template makes this easy), i.e., describe each data source in your section, Description of Sources. In your second section, Research Design, describe the research design of each data source, etc. And remember, you are describing 3 sources of secondary data for Marketing Research, not necessarily your specific project. Again, you are describing secondary sources of data (typically a database) available for general use, not specific articles/websites or categories of sources relating to specific research.
Below is a list of potential sources for you to research for this assignment (Choose from this list or choose other similar sources):
Alexa Tools, American Community Survey, American FactFinder, ArcGIS Business Analyst, BizMiner, City Town Info, Euromonitor International (US Site), Google Trends, IBIS World, International Monetary Fund, Mintel GNPD, Mintel Reports, Pew Research Center, Reference USA, Sports Business Research Network (SBRnet), Sports Market Analytics (SMA), Social Mention, Statista, U.S. Census Bureau, U.S. Small Business Administration, and World Development Indicators
The downloadable instructions attached to the first announcement and discussion of the Week list these sources as clickable links. Research Design and Data Collection Methods Assignment
Upon completing this assignment, you should be able to successfully identify sources of secondary data supporting marketing research and understand how that information influences the creation of the marketing research design.
First, identify a minimum of three sources of data. Using the data and your own research, write a 1,500-2,000 Word Research Design following APA Style. Include the following criteria:
1. A brief, 100-word Descriptive Summary for each of the three data sources that can be used to collect secondary data.
2. A description of the research design used by each of these three data sources.
3. A description of the type of data each of these three sources collects (qualitative/quantitative), with a rationale for why this type of data is best for the source.
4. A description of the data collection method used by each of these three sources, with procedures.
5. A description of the population each of these three sources uses as its data source.
6. A description of sampling size, frame, and technique used by each of these three data sources. Research Design and Data Collection Methods Assignment