Businesses can collect quantitative data through various methods, including:
- Surveys and Questionnaires: Structured surveys with closed-ended questions can provide numerical data about customer opinions and behaviors. - Transaction Records: Sales data, inventory levels, and other transaction records provide a wealth of quantitative information. - Sensors and IoT Devices: These can collect real-time data on machine performance, environmental conditions, and more. - Web Analytics: Tools like Google Analytics can track website traffic, user behavior, and conversion rates.