Asked by Wendy Thurmond on Apr 26, 2024
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What is the difference between quantitative data and qualitative data? As a marketer,how should you utilize both types of research?
Quantitative Data
Data that can be quantified and is typically structured in nature, usually represented in numbers and statistics for analysis.
Qualitative Data
Non-numerical information that describes qualities or characteristics, often gathered through interviews, observations, or surveys.
Market Research
The process of gathering, analyzing, and interpreting information about a market, including about consumers and competitors.
- Differentiate between qualitative and quantitative research methods.
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Learning Objectives
- Differentiate between qualitative and quantitative research methods.
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