Market Research Analyst Job Description

A Market Research Analyst job description template to hire for your Marketing department.

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About the Market Research Analyst position

We are looking for a Market Research Analyst with an eye for detail and methodical style٫ to survey customer preferences and other data as customers make product design decisions٫ pricing decisions٫ and promotion decisions. A successful market researcher will be able to analyze autonomously qualitative trends٫ data٫ strategies٫ and competition. Their aim from this analysis will be to increase competition.

Market Research Analyst responsibilities are:

  • Collection of  data on consumers٫ competitors and marketplace
  • Consolidation of  information into actionable items٫ including reports and presentations
  • Clear understanding of business objectives
  • Design surveys to discover prospective customers’ preferences
  • Compile and analyze statistical data using a variety of modern and traditional methods to collect said data.
  • Perform valid and reliable market research SWOT analysis
  • Interpret data
  • Formulate reports
  • Make recommendations
  • Catalogue market research findings in databases
  • Provide competitive analysis on the market offerings of various companies٫ identify market trends٫ pricing/business models٫ sales and methods of operation of companies.
  • Evaluate releases to ensure correctness of program methodology٫ ket data٫ and angle of release.
  • Be well informed on trends of market٫ other party research٫ and ensure implementation of best practices.

Market Research Analyst requirements are:

  • Proven experience in the field of market research
  • Ability to multitask
  • Ability to interpret large amounts of data
  • Excellent communication and presentation skills
  • Exceptional knowledge of statistical packages (SPSS٫ SAS or similar)٫ databases and MS Office
  • Acumen of web analytics٫ search engines٫ and business research tools.
  • Familiarity with CRM programs
  • Working knowledge of methods of data collection (polls٫ focus groups٫ surveys etc)
  • Data warehousing٫ modeling٫ and mining knowledge at a working level or above
  • Great analytical and critical thinking skills
  • BS degree in Statistics٫ Marketing or related field

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