Why online desk research is recommended before primary research?

May 11, 2009 on 8:46 am | In Web Research | Comments Off

Online desk research is a systematic examination of the available online sources and data in the context of a research objective. In many research assignments, initial desk research is strongly recommended before primary research to gain background knowledge of a subject as well as get useful leads that will help to get the maximum from a research budget.

Directs primary research
Online desk research directs primary research with a quick analysis of research focus and gives initial feedback with less effort. With this initial information, the researcher can clearly know which information is more important or less important, readily available or not available and can make changes to the direction of the primary research if necessary. Based on this, the research process can also be modified according to the requirements of the research.

Gauges the scope of the primary research
The researcher can have a panoramic and clear view of the primary research based on the information he got from the desk research. Researcher understands the required information, and which information to through more light upon, and what is not needed i.e. enough information is readily available from a reliable source. Based on this researcher can suggest changes to the scope of the research.

Reduces cost and time span of primary research
Online desk research identifies the topics of primary research, where enough information is readily available and avoids duplication of work. If enough information is readily available online from a reliable primary research resource, then it helps to fasten on that specific topic in the research. This saves a considerable amount of resources like research cost and time that can be refocused on the necessary areas of research and get high quality results.

If a primary research needs to find the population census, seldom people will start with a population survey; instead they get demographic information from www.census.org, which is reliable secondary resource. Therefore, even pure primary research needs some help from secondary data, otherwise the research topic is completely new and innovative. A good researcher knows how to use both primary and online desk research to integrate various information sources into a comprehensible and reliable market picture. This combination is effective in giving out reliable output that can be used to make good decisions.

Exploring Business Opportunities with Internet Marketing Research

May 2, 2009 on 4:52 pm | In Web Research | Comments Off

The information collected and leveraged from Internet is invaluable from the marketing research point of view. Imagine gathering impartial information from literally millions of sources each day and deciding the marketing campaigns on this data. Internet marketing research provides a better vision to the business, which helps in delivering better products and better results. There are many advantages of applying Internet to the marketing research.

  • Market Know How
    Online market research can give the comprehensive information about the various factors and aspects of the market such as market profile, trends, size, segmentation, competition, SWOT and demand prospects. This exclusive and extensive online marketing research report certainly gives a big picture of the market scenario.
  • New Domains of Use
    Not only online research can be used for the market intelligence, but it can also be put into great use for many areas such as advertising, public relations, and interactive communication activities. Internet marketing research is also useful in numerous other business functions such as Branding, Competitive analysis, Consumer Behavior and Customer Relationship Management and Investor Relationship Management.
  • New Opportunities
    Internet marketing research can provide insight into new market opportunities that may be never discovered. And also, research can identify new business ventures, and offer the possibility to streamline the existing business processes, which results in more efficient execution of the process. New business opportunities and ventures result in the competitive advantage in the market by delivering better products at less value.
  • Competitive Advantage
    Competitive advantage enables the firm to create superior value for its customers and superior profits for itself. There are many areas of competitive advantages including the firm’s cost structure, product offerings, marketing research, distribution network and customer support. Internet marketing research allows to gain advantage from the competitors by delivering accurate results at affordable costs.

The main task after getting the market research report is to implement the findings. The ultimate goal of the report is to make the research work for the enhancement of the business. While Internet market research is an integral step in improving the visibility online, its quality and flexibility of use allow it to be effortlessly applied to all aspects of marketing activities.

From Information Scarcity to Information Abundance

May 2, 2009 on 9:29 am | In Information Paradigm Shift | Comments Off

Information abundance is not about digitalization and copying but is about the perception, analysis, comparison, exchange, reuse and evaluation of facts. Prior to Internet, information is collected through different sources like books, newspapers etc. The curiosity to know the things happening around world is satisfied with Internet.

Information availability prior to Internet:
Information available for us before Internet is scattered in different sources like books, newspapers, encyclopedias, magazines, museums and libraries. Collection of required data or searching for data used to take lot of time. For example, prior to Internet, information about any medical treatment for any disease was a time consuming process. People used to refer different books in libraries and other sources for days together to get the necessary information. But with Internet, any information is available within minutes.

Changes brought by Internet:
The advent of the Internet has been one of the most exciting major events in the second half of the 20th century. Information is shared among all humans with the help of Internet. A big advantage of Internet is the availability of information with quick accessibility than ever before. One can access information in a book that is available in a library, in the other part of the world with just a click of mouse. Unlike the books in the libraries, information online is constantly reviewed and updated frequently.

Information Era:
Internet became a public domain in the 1980’s. From then availability of information was permanently revolutionized and grown tremendously. Information era has changed the lives of all humans either directly or indirectly. Information on almost every topic is obtained at high speed and more easily available than ever before. This new level of information availability and accessibility is influencing the dynamics of the global markets as well as personal lives. Remarkably, information is not only accessible to all but can be created by and distributed to almost everybody.

Everyone can enjoy the unmatched prosperity of global information resources by connecting to the Internet. The advent of the Internet has increased the efficiency of the information availability. With this, significant increase in level of information endowment in a variety of fields is observed.

Information Revolution Led by Internet

May 2, 2009 on 9:27 am | In Information Paradigm Shift | Comments Off

Internet is referred to as the first technology that achieved a global scope. Now, there are zillions of web pages on Internet with lots of information, almost on anything. There are no restrictions to access general information on internet. The evolution of search engines has made the ease of accessing the information online at finger tips.

Internet and the Information age
The age before Information was called the Industrial age where people had to face scarcity of information and time lag to access the available information. Today, Internet has evolved to be a crucial medium in distributing and accessing the relevant information within no time. Internet is also the fastest growing media that has the capability to impact the social, technological, economical and political activities of people, all over the world. This can be compared with the Information revolution brought by the invention of printing press.

Accessibility of information at any time
In this information age, the competition among businesses has grown incredibly all around the world in all kind of industries. It is unaffordable for any competent business to succumb to information limitations, in order to sustain in the competitive environment. Control of the availability of the information is no longer confined to the few people. People are free to communicate, work and access information round the clock from anywhere in the world. It is through Internet that the communications have grown incredibly and leveraged outsourcing of services to such a big extent.

Information for decision making
For any Information-age organization, it is the information that is going to help to sustain the competition. The success of any organization in the information age relies with the speed and accuracy of gaining relevant information and making effective decisions based on it. No other medium is as effective or reliable as Internet for such purposes. There is a vast amount of information available on internet on any field, which can be collected, analyzed, and then used for effective decision making.

Indeed, the internet has become an indispensable tool in the part and parcel of people’s lives, as it gained influence in information distribution. The role of the internet as a useful, practical, and even essential, information tool by other forms of media is increasing and is a clear example of the information era powered by Internet.

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