100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Essay

Unit 3 M2 - Explain the limitations of marketing research used to contribute to the development of a selected organisations marketing plans

Rating
4.0
(7)
Sold
17
Pages
2
Uploaded on
13-12-2016
Written in
2015/2016

Unit 3 M2 - Explain the limitations of marketing research used to contribute to the development of a selected organisations marketing plans









Whoops! We can’t load your doc right now. Try again or contact support.

Document information

Uploaded on
December 13, 2016
Number of pages
2
Written in
2015/2016
Type
Essay
Professor(s)
Unknown
Grade
Unknown

Subjects

Content preview

Unit 3 Introduction to marketing
Merit Criteria 2

M2 – Explain the limitations of marketing research used to contribute to the
development of a selected organisations marketing plans
There are limitations of market research, each type of marketing research has its own
limitations. These limitations may mean that Kellogg’s shouldn’t use the method or it means
that they should make sure they keep in mind the limitations when they are looking at the
data they find.
Primary researchi

Advantages Disadvantages
 The issues that Kellogg’s wants to be  Primary research is expensive
addressed, will be because they because Kellogg’s has to carry it out
have more control over how the themselves
research is carried out  In a similar way to the cost, it is very
 The interpretation of the data is time consuming for Kellogg’s to
better because they rely on their have to carry out the data collection
own interpretations instead of the  The data can be biased because
collective interpretation from either the interpretation is done by
secondary data the organisation which means they
 The data is up-to-date because could see something in the wrong
Kellogg’s has specifically carried it light or if they are taking feedback
out from a target audience it is likely to
 Kellogg’s is the owner of the data so be biased
there will be no legal issues over  Need lots of resources, such as
how the data can be used people to carry out the research
that the organisation may not have




Secondary researchii

Advantages Disadvantages
 Cheaper and quicker to find than it  The complete accuracy of the data is
is to collect primary data unknown because someone else
 The data is a lot more likely to be carried out the data collection
more extensive than primary data is  The data may not be fully up-to-
 Can be used to back-up primary date
research, and also can be an easy  May not be specific enough for
starting point for primary research what Kellogg’s needs to know
 Can be legal complications if the
data is copyrighted
£3.49
Get access to the full document:
Purchased by 17 students

100% satisfaction guarantee
Immediately available after payment
Both online and in PDF
No strings attached

Reviews from verified buyers

Showing all 7 reviews
5 year ago

6 year ago

7 year ago

7 year ago

7 year ago

8 year ago

8 year ago

4.0

7 reviews

5
3
4
1
3
3
2
0
1
0
Trustworthy reviews on Stuvia

All reviews are made by real Stuvia users after verified purchases.

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
shellsbells04 Canterbury College
View profile
Follow You need to be logged in order to follow users or courses
Sold
1508
Member since
9 year
Number of followers
1040
Documents
89
Last sold
1 year ago

I achieved a distinction* in my level 3 business BTEC, all my uploads are the ones that I submitted to the exam board to achieve this grade. Please feel free to message me with any questions you have, I aim to reply within a few hours. I hope my work will be helpful. I am also ranked 163 out of 86,058 active sellers on stuvia.

3.9

484 reviews

5
196
4
134
3
88
2
23
1
43

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their exams and reviewed by others who've used these revision notes.

Didn't get what you expected? Choose another document

No problem! You can straightaway pick a different document that better suits what you're after.

Pay as you like, start learning straight away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and smashed it. It really can be that simple.”

Alisha Student

Frequently asked questions