exploratory, in-depth research involving flexible, open-ended questions; includes interviews, observation and focus groups

organized effort to gather and interpret information about a market
specific group for which a business's products, services and marketing efforts are intended
research done firsthand for the first time
past research which has already been preformed and often already published

1 answer

It looks like you're describing various concepts related to marketing research. Here’s a breakdown of the terms you mentioned:

  1. Qualitative Research: This refers to exploratory, in-depth research that utilizes flexible, open-ended questions. It often involves methods such as interviews, observations, and focus groups to gain insights into consumer attitudes, behaviors, and experiences.

  2. Market Research: This is an organized effort to gather and interpret information about a market. It involves understanding the dynamics of a specific market to identify opportunities and challenges, which can inform business strategies.

  3. Target Market: This term refers to the specific group of consumers for which a business’s products, services, and marketing efforts are intended. Identifying a target market is crucial for effective marketing and product development.

  4. Primary Research: This is research conducted firsthand for the first time. This type of research gathers original data directly from sources, such as through surveys, interviews, or experiments, to address specific research questions.

  5. Secondary Research: This refers to past research that has already been performed and often published. It involves the analysis of existing data, studies, and reports to draw conclusions or guide new research without collecting new data.

These definitions help clarify the different approaches and types of research involved in understanding markets and consumers. If you have any specific questions or need further elaboration, feel free to ask!