Professional Documents
Culture Documents
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Advantages
■ easily accessible,
■ quickly obtained.
Disadvantages
■ As secondary data have been collected for purposes other than the
■ The objectives, nature and methods used to collect the secondary data
dependable.
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Currency Time lag between collection & Census data are updated
publication, frequency of updates. by syndicated firms.
Objective Why were the data collected? The objective determines
the relevance of data.
Nature Definition of key variables, units of Reconfigure the data to
measurement, categories used, increase their usefulness.
relationships examined.
Dependability Expertise, credibility, reputation, & Data should be obtained
trustworthiness of the source. from an original source.
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Secondary Data
Internal External
(CONT.)
■ Internal Data - Those generated within the organization for which the
research is being conducted. An example of this source of data for any
marketing decision maker and researcher is the corporate revenue
ledger at individual transaction level.
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INTERNAL SOURCES OF SECONDARY
DATA
If available, internal secondary data may be obtained with less time, effort and money
than the external secondary data. In addition, they may also be more pertinent to the
situation at hand since they are from within the organization. The internal sources
include
Accounting resources- This gives so much information which can be used by the
marketing researcher. They give information about internal factors.
Sales Force Report- It gives information about the sale of a product. The information
provided is of outside the organization.
Internal Experts- These are people who are heading the various departments. They
can give an idea of how a particular thing is working
Miscellaneous Reports- These are what information you are getting from operational
reports.
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DATA
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Directories
■ Helpful for identifying individuals or organizations that collect
specific data
GOVERNMENT SOURCES
Government sources provide an extremely rich pool of data for the researchers. In
addition, many of these data are available free of cost on the internet.
Government sources
The Central Statistical Organization (CSO) and various state govt. collect compile
and publish data on regular basis. Some of the important such publications are:
(i) Indian Trade Journals
(ii) Reports on Currency and Finance
(iii) Indian Customs and Central Excise Tariff
(iv) Statistical Abstract of India
(v) Reserve Bank of India Bulletin
(vi) Labour Gazette
(vii) Agricultural Statistics of India
(viii) Bulletin of Agricultural Prices
(ix) Indian Foreign Statistics
(x) Economic Survey
(this is not an exhaustive list)
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NON-GOVERNMENTAL PUBLICATIONS
The only disadvantage of the above sources is that the data may be biased. They are
likely to colour their negative points.
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INTERNATIONAL ORGANIZATIONS
Databases
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SEMI GOVT.
PUBLICATIONS
.
COMMITTEE REPORTS
PRIVATE PUBLICATIONS
RESEARCH SCHOLARS
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Source