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A market research analyst is someone who gathers and analyzes data to help companies make informed business decisions. They use various research methods such as surveys, focus groups, and data analysis tools to collect and interpret data on topics such as consumer behavior, market trends, and product performance to develop marketing strategies and forecast future trends. Market research analysts then use this information to create reports and presentations that communicate their findings to clients and stakeholders.
Director Central European Institute & Istvan Szechenyi Chair Associate Professor of Economics, Quinnipiac University
Avg. Salary $51,688
Avg. Salary $59,228
Growth Rate 19%
Growth Rate 0.3%
American Indian and Alaska Native 0.13%
Asian 14.28%
Black or African American 4.74%
Hispanic or Latino 11.28%
Unknown 4.89%
White 64.68%
Genderfemale 48.76%
male 51.24%
Age - 34American Indian and Alaska Native 3.00%
Asian 7.00%
Black or African American 14.00%
Hispanic or Latino 19.00%
White 57.00%
Genderfemale 47.00%
male 53.00%
Age - 34Stress level is manageable
7.1 - high
Complexity Level is challenging
7 - challenging
Work Life balance is fair
6.4 - fair
Pros
Opportunity to work with a variety of industries and companies
Ability to use data to make informed decisions
Potential for high salary and advancement opportunities
Exposure to new technologies and methodologies
Chance to work on interesting and unique projects
Cons
High-pressure environment with tight deadlines
Often repetitive and tedious work
Requires attention to detail and accuracy in data analysis
Potential for long hours and working weekends/holidays
Can be stressful dealing with client demands and expectations
Skills | Percentages |
---|---|
PowerPoint | 8.00% |
Data Analysis | 8.00% |
SPSS | 4.79% |
Market Research | 4.70% |
Data Collection | 4.43% |
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The average Market Research Analyst salary in the United States is $51,688 per year or $25 per hour. Market research analyst salaries range between $36,000 and $73,000 per year.
What Am I Worth?
To be rejected
Compiling data of organization and implementing strategies to measure growth in business
Fundamental Economics
Sitting for long periods of time.