Secondary data collection.mjm
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Secondary data collection
Introduction:- The 2nd ry data collection involves less cost, time and effort, data are collected other purpose. It may not suit for present purpose. Sometimes, it may be outdated and may not meet the requirements of present study.
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Meaning
Secondary data are collected from sources which have been already created data for the purpose of first-time use and future uses.
(or)
2nd ary data sources are edited primary sources, SECOND-HAND versions. They represent thinking of someone. (2nd ary data analysis is commonly known as SECOND-HAND analysis)
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Classification sources of data
Secondary data or sources
Internal sources
a)Sales records
b)Marketing activities c)Cost information
d) Distribution report
e)Feedback
External sources
a)Internet
b)Published data
c)Standardized sources
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Classification sources of data
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a)SALES RECORDS:-
A sales system consists of
a integrated elements
which also includes
customer profile and
interceders details.
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b)MARKETING ACTIVITY
Labour force, sales
promotions and
advertisement will from
marketing activity.
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c)Cost information
The records of these
activates will provide
information in term of
cost.
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d)Distribution reports & feedback
Directly distributors, in
addition to, distributors
feedback on timeliness of
stock replenishment, quality
of product, match of
product range with the
actual customer inquires.
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External sources of secondary data
external sources of secondary data
are government publications,
foreign government publication,
journals, books, magazines, news
papers, annual reports, sources of
2nd ary data, case studies and
findings of research articles in
journals of different disciplines.
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Uses of 2nd ary data
It’s provide enough information
New ideas can be explored later
through
It’s help to define the population
It as a references to compare the
validity of primary data
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Benefits of 2nd ary data
It is saves cost and time.
It’s little effort, time & money.
Historical data is always 2nd ray data.
2nd ary data can be more accurate than
primary data.
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Limitation of 2nd ary data
Researchers no knowledge of the data.
It’s very difficult to evaluate the
accuracy of the data.
It’s may not be sufficient to data
requirement.
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THERE IS NO SHORTCUTTO SUCCESS
THANK YOUUR’S Manju….