2/8/2021
Understanding the difference between primary and secondary data is critical to helping you conduct research and launch a new product or service.
Doing so is time-saving, cost-efficient and it ensures a better output.
Let us understand the basic difference between primary and secondary research.
It is the research in which you conduct by yourself. You can also pay another party, such as a research firm, to conduct primary research for you.
You need to target, modify, and narrow down your research parameters, to get the credible information you need from the study.
Although this process is essential, it is often costly, time-consuming, and energy-intensive.
Secondary research or desk research method involves using data that already exists. Existing data from research is gathered and summarized to augment the overall effectiveness of the research.
A key advantage of secondary data analysis is that the wheel is not being reinvented by anyone.
You can depend on knowledge and research outputs already gathered and published by others. Research materials published in research reports and similar documents are used in secondary research.
Public libraries, blogs, information gathered from previously filled surveys, etc., can make these documents accessible.
Some government and non-government organizations often store information that can be used and extracted from them for research purposes.
Secondary research is much more cost-effective than primary research.
Unlike primary research, it uses existing data, where data is collected first-hand by organizations, corporations, or a third-party firm can be delegated to collect data.
Here is a summary of the key differences between primary and secondary research methods:
Primary research |
Secondary research |
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Researching can be a tedious job. Transcription can help you to conduct your research efficiently and effortlessly.
You can transcribe the interviews after you have done primary research, irrespective of whether you perform an interview directly, over the phone, or virtually.
Collaborating with firms providing transcription services can enable you to create flawless and versatile transcripts.
Advantages of transcription include:
Want to learn more information regarding qualitative research transcription services?
Contact us at GMR Transcription Services, Inc., or check out our website. We transcribe accurate, high-quality research transcripts within a short turnaround time.
Our service range also includes document transcription, academic transcription, and education transcription services.
Read Also: Why You Should Hire a Transcription Company for Research Purposes