Exploratory research involves collecting secondary data, i.e., already published data. If the research problem is solved by the secondary data, no conclusive research is needed. Conclusive research involves collecting primary data, directly from consumers, retailers, etc. The conclusive research project has to be designed before data collection can be done. | |
The researcher has to select the methods of data collection, which can be quantitative and qualitative. Quantitative data collection methods include: observation (researcher observes the activities of the consumer), experimentation (the consumer reactions to change in product feature, price etc. are studied in the laboratory, under controlled conditions, or in the field), and survey (consumer is directly approached for information). There are many quantitative techniques or tools which are used for primary data collection – questionnaire (consumer is directly asked questions through mail, over telephone, online, or through personal interview) and attitude scales (attitude measurements techniques like graphic rating, semantic differential, ranking, and Likert scale).
The qualitative methods of data collection are – depth interviews like in-depth interviews (personal interview with unstructured questionnaire) and focus groups (group interaction to study the consumer); projective techniques like completion technique