What are the strengths and limitations of secondary data?

What are the strengths of secondary data?

The biggest advantage of using secondary data is economics. Someone else has already collected the data, so the researcher does not have to devote money, time, energy, and other resources to this phase of research.

What are some strengths & limitations of secondary sources?

Advantages And Disadvantages Of Secondary DataEase of access. The secondary data sources are very easy to access. ... Low cost or free. ... Time-saving. ... Allow you to generate new insights from previous analysis. ... Longitudinal analysis. ... Anyone can collect the data. ... A huge amount of secondary data with a wide variety of sources.Secondary Data: Advantages, Disadvantages, Sources, Types

What are the limitations of secondary data?

Limitations of Secondary ResearchLack of relevance. Secondary research rarely provides all the answers you need. ... Lack of Accuracy. Secondary data may be incomplete and lack accuracy depending on; ... Published Materials. Published materials can be classified as: ... External Databases. ... Syndicated Services.Secondary Research Advantages, Limitations, and Sources

What are the advantage and disadvantage of secondary data?

Advantages of Secondary data It is economical. It saves efforts and expenses. It is time saving. It helps to make primary data collection more specific since with the help of secondary data, we are able to make out what are the gaps and deficiencies and what additional information needs to be collected.