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Customers at a furniture store are asked to give their postcodes at the checkout - HSC - SSCE Business Studies - Question 3 - 2015 - Paper 1

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Customers at a furniture store are asked to give their postcodes at the checkout. What is this an example of? (A) Primary research to determine target market (B) S... show full transcript

Worked Solution & Example Answer:Customers at a furniture store are asked to give their postcodes at the checkout - HSC - SSCE Business Studies - Question 3 - 2015 - Paper 1

Step 1

What is this an example of?

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Answer

This scenario exemplifies primary research to determine a target market. Primary research involves collecting first-hand data directly from consumers. In this case, the store is actively gathering information by asking customers for their postcodes at the checkout. This information can help the store identify its customer demographics and tailor its marketing strategies accordingly.

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