MSG Team's other articles

12236 4Ps of Marketing Explained for the Age of Market Fragmentation

The Transformation of Marketing from Scaling to Un-Scaling The Twentieth century was all about mass marketing and marketing to scale wherein marketers were sure that consumers could be broadly categorized into specific patterns according to demographic, income, class, race, gender, and other categories. This in turn, led to marketing theories that sought to explain how […]

9210 Establishing Business Goals and Measurement is Necessary Before Embarking on E Marketing Implementation

Setting up a web page and promoting online business has become a necessity for all business organisations, irrespective of the size of the organisation and the business. Every minute, several thousands of people from all over the world are accessing the internet and searching for products and information. A few hundred of them could be […]

10984 Retail Mechanism – How does retail work ?

Retailing is defined as the process of selling merchandise to the consumers for their end use in small quantities. The retailer sells products to the end-users either in single units or in small quantities as per their need and capability. Retailer ……………………………. Consumer (End – User)   Retailing   How does retail work ? Let […]

10768 A Comparative Analysis: Product versus Service Retailing; Wholesaling versus Retailing

Difference between Product and Service Retailing Products are tangible in nature, whereas services are intangible in nature. Hence, various aspects such as quality, timeliness, behaviour, and knowledge of the service delivery professional, service customizations as per the requirement of the customer and use of technological support for improving key processes and enhancing the consumer experience, […]

12501 What is Brand Equity and How to Measure it

Brand Equity is the value and strength of the Brand that decides its worth. It can also be defined as the differential impact of brand knowledge on consumers response to the Brand Marketing. Brand Equity exists as a function of consumer choice in the market place. The concept of Brand Equity comes into existence when […]

Search with tags

  • No tags available.

The Survey method is the technique of gathering data by asking questions to people who are thought to have desired information. A formal list of questionnaire is prepared. Generally a non disguised approach is used. The respondents are asked questions on their demographic interest opinion.

Advantages of Survey Method

  1. As compared to other methods (direct observation, experimentation) survey yield a broader range of information.

    Surveys are effective to produce information on socio-economic characteristics, attitudes, opinions, motives etc and to gather information for planning product features, advertising media, sales promotion, channels of distribution and other marketing variables.

  2. Questioning is usually faster and cheaper that Observation.

  3. Questions are simple to administer.

  4. Data is reliable

  5. The variability of results is reduced.

  6. It is relatively simple to analyze, quote and interrelate the data obtained by survey method

Disadvantages of Survey Method

  1. Unwillingness of respondents to provide information- This requires salesmanship on the part of the interviewer. The interviewer may assure that the information will be kept secret or apply the technique of offering some presents.

  2. Inability of the respondents to provide information- This may be due to:

    1. Lack of knowledge

    2. Lapse of memory

    3. Inability to identify their motives and provide “reasons why?” for their actions

  3. Human Biases of the respondents are there, for eg: “Ego”

  4. Symantec difficulties are there - it is difficult, if not impossible, to state a given question in such a way that it will mean exactly same thing to each respondent. Similarly two different wordings of the same question will frequently produce quite different results.

How to overcome the limitations of Survey Method

  1. Careful framing and phrasing of questions.

  2. Careful control of data gathering by employing specially trained investigators who will observe carefully report on subtle reactions of persons interviewed

  3. Cautious interpretations by a clear recognition of the limitations of the data and understating of what exactly the data represents. This is especially true of responses to questions like - “What price would you be willing to pay for this product?”

  4. Looking at facts in relative rather than absolute terms. For eg - A survey by a dentist team showed that the number of families in the middle income group used toothpaste taken by itself in the absolute sense, the results of the survey are in some doubt. Even though the individual group readings shall differ say for eg: for upper income group families it could be 90 %. Hence we should look at the facts in relative rather than in absolute terms.

Article Written by

MSG Team

An insightful writer passionate about sharing expertise, trends, and tips, dedicated to inspiring and informing readers through engaging and thoughtful content.

Leave a reply

Your email address will not be published. Required fields are marked *

Related Articles

Conjoint Analysis – Meaning, Usage and its Limitations

MSG Team

Case Study

MSG Team

Brand Health Survey

MSG Team