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Market Research

The best way to learn about market research is to
do some! Your task is to find out the best website to buy CDs from.
You are required to find the following information:
- Choose one
CD and find out which company sells it at the cheapest price
(including postage).
- Find out
the range of prices for the same CD, i.e. take the lowest price
from the highest price
and this will give you
the range.
- Find the
mean (average) price. Add up the all the prices you found and
divide by the number of prices you found.
- Which website
offered the widest choice?
- Did any
offer a limited choice and appear to be specialised?
- Which website
was the easiest to use and why?
- Which was
the most difficult to use and why?
Use the following links and any others you may know and/or use
a search engine:
Once you have completed the above exercise click
here for an explanation of your research.
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