Quantitative or qualitative research, that is, how to research the market?

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udoy
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Joined: Sun Dec 22, 2024 3:41 am

Quantitative or qualitative research, that is, how to research the market?

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A quantitative survey allows you to collect data on the number of phenomena that occur and present the results clearly in the form of figures or graphs.
Qualitative research focuses on the process and allows for in-depth and unique information, but the results are unrepresentative and incomparable, making analysis difficult. Qualitative research must be preceded by quantitative research to identify the phenomena on which to focus.
Conducting only quantitative studies carries the risk of philippines phone directory search reaching erroneous conclusions and interpretations of the results, since they do not take into account the context and causes of the phenomena that occur.
Qualitative research, such as interviews or observations, allows you to select the right research tools and ask the right questions, which helps to avoid the problems associated with quantitative research.
Once quantitative data has been obtained, qualitative research allows for a better understanding of the causes of the phenomena that occurred and helps to avoid misinterpretations of the results.
More details below.



In order not to give anyone false hope, let us point out from the outset that there is no clear and universal answer to the question of which market research method is better - qualitative or quantitative . The two approaches are completely incompatible with each other and serve different purposes. Therefore, the choice of method depends on what we want to investigate and find out. This statement will lose its triviality when we consider in more detail what each method is used for.

Quantitative research, or the power of numbers

Quantitative survey addresses the size and scale of certain phenomena. The most typical question it answers is "how much?", for example:

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How many people find your product interesting?
How many people prefer your product to your competitors' offering?
How much has your brand awareness increased this year compared to last year?
The above questions will allow us to investigate how frequently a phenomenon occurs among the people surveyed, and the results can be clearly presented in numerical or graphical form. Another advantage of this method is the strict standardization of measurement tools, which allows comparing results obtained from different sources and at different times. Simplicity of the questions, on the other hand, allows a large group of subjects to be surveyed in a relatively short period of time. Quantitative research is usually carried out in the form of questionnaires or surveys.
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