Describe Hard vs. Soft Market Research
Problem- What are some of the benefits of "soft" market research data gathered using techniques such as focus groups and observation.
Part 1- What are the benefits of using "hard" data such as statistics on consumers' buying habits and figures on market size?
Part 2- When might each kind of data be preferred and why?
I need help to explain the differences between hard and soft market research. It also give the explanations of when each form of market research is most useful.