Other contributors have said "What are the advantages of secondary information?" is the same question as "What are the Advantages of secondary market research?" If you believe that these are not asking the same thing and should be answered differently, click here

What are the Advantages of secondary market research?

Answer:
It is generally less expensive than primary reasearch. This is because a business does not have to pay to collect the data; because it has already been collected.

Another advantage of secondary research is that it saves time. This is because the business does not have to go and ask the public to fill out surveys or arrange focus groups to find out public views on products.

Note: There are comments associated with this question. See the discussion page to add to the conversation.
First answer by ID1056824215. Last edit by Samanthabod. Contributor trust: 0 [recommend contributor recommended]. Question popularity: 11 [recommend question].