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What does a market researcher do?

Updated January 8, 2025
7 min read
What does a market researcher do

In businesses, a market researcher is primarily responsible for performing market research and analysis. Although the extent of their duties usually depends on their place of employment, it typically includes coordinating with other experts, gathering and analyzing data, identifying new business opportunities, studying market activities, creating questionnaires, and developing test structures. Through their research findings, they must produce detailed reports and presentations for managers and even executives. Furthermore, as a market researcher, it is essential to understand the company's needs, including its vision and mission.

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Market researcher responsibilities

Here are examples of responsibilities from real market researcher resumes:

  • Manage existing client relationships and provide support during origination process which improve overall customer relations.
  • Analyze research data from customer satisfaction surveys using SAS software ..
  • Develop a survey of risk control metrics then used SAS for sensitivity testing.
  • Research and write how-to guides for social media sites: Squiddo, Facebook, and MySpace.
  • Lead the integration of porting critical data to SQL database while preserving sensitive data and preventing corruption.
  • Conduct public and online surveys, then utilize SPSS to analyze the confidence intervals of the data collect.
  • Increase sales by data mining using SQL queries - are able to identify purchasing trends of core customers.
  • Used statistical software to perform simulation data using SPSS to analyze service business results to develop and enhance service plan
  • Design PowerPoint presentations for monthly divisional meetings.
  • Prepare and deliver comprehensive PowerPoint presentations comprise of final research results and recommendations for strategic planning.
  • Represent major investment banks as issuers and underwriters of domestic and cross-border securitization transactions, focusing primarily on mortgage-backed securities.
  • Analyze Baidu and Google's SEO techniques.
  • Use various software including Photoshop software and to develop creative artwork for advertising.
  • Provide analytical insights for client strategic priorities leading to positive ROI.
  • Trade equities solely through technical analysis.

Market researcher skills and personality traits

We calculated that 8% of Market Researchers are proficient in Data Analysis, Primary Research, and Data Collection. They’re also known for soft skills such as Analytical skills, Communication skills, and Detail oriented.

We break down the percentage of Market Researchers that have these skills listed on their resume here:

  • Data Analysis, 8%

    Implemented and managed panel member annual data updating efforts, member relationship programs, and data analysis/quality control efforts.

  • Primary Research, 5%

    Conducted primary research on the medical device industry to provide content and strategy development of commercial technical conferences for industry leaders.

  • Data Collection, 5%

    Support the marketing intelligence manager with internet data collection, to be analyzed and reported to executive level management.

  • Research Findings, 4%

    Gathered and interpreted data, formulated reports and made recommendations based upon research findings.

  • SPSS, 4%

    Excel, MS Project, and SPSS for Competitor Analysis & developed emerging Business Models of Intellectual property industry in EU.

  • SQL, 4%

    Increased sales by data mining using SQL queries - was able to identify purchasing trends of core customers.

Common skills that a market researcher uses to do their job include "data analysis," "primary research," and "data collection." You can find details on the most important market researcher responsibilities below.

Analytical skills. The most essential soft skill for a market researcher to carry out their responsibilities is analytical skills. This skill is important for the role because "market research analysts must evaluate large amounts of data and information related to market conditions." Additionally, a market researcher resume shows how their duties depend on analytical skills: "developed and delivered a qualtrics survey to 1000 recipients to generate quantitative data to support vegfund's marketing decisions. "

Communication skills. Many market researcher duties rely on communication skills. "market research analysts must be able to clearly convey information when gathering material, interpreting data, and presenting results to clients.," so a market researcher will need this skill often in their role. This resume example is just one of many ways market researcher responsibilities rely on communication skills: "gained exceptional communication, organization and strategy skills while playing a key role in fulfilling quantitative and qualitative market research studies. "

Detail oriented. Another skill that relates to the job responsibilities of market researchers is detail oriented. This skill is critical to many everyday market researcher duties, as "market research analysts must pay attention to minutiae to evaluate data." This example from a resume shows how this skill is used: "created detailed documentation of internal computer systems, applications and technical procedures. "

Most common market researcher skills

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Compare different market researchers

Market researcher vs. Research consultant

A research consultant is an individual who is responsible for collecting and analyzing multiple types of data across a variety of formats and present research reports for research and analytics companies, public institutions, and private businesses. Research consultants are required to design research strategies to complete the needs of research projects as well as create a basic plan of action for finding data. They may use online resources, phone surveys, and other data-collection methods to find and collect data. Research consultants must also assign investigative teams to verify and double-check the collected data.

We looked at the average market researcher salary and compared it with the wages of a research consultant. Generally speaking, research consultants are paid $31,183 higher than market researchers per year.While their salaries may differ, the common ground between market researchers and research consultants are a few of the skills required in each roleacirc;euro;trade;s responsibilities. In both careers, employee duties involve skills like data analysis, data collection, and research findings.

While similarities exist, there are also some differences between market researchers and research consultant. For instance, market researcher responsibilities require skills such as "primary research," "facebook," "outbound calls," and "qualtrics." Whereas a research consultant is skilled in "human centered design," "medicaid," "study design," and "prototype testing." This is part of what separates the two careers.

Research consultants really shine in the education industry with an average salary of $95,057. Comparatively, market researchers tend to make the most money in the automotive industry with an average salary of $74,795.The education levels that research consultants earn slightly differ from market researchers. In particular, research consultants are 11.9% more likely to graduate with a Master's Degree than a market researcher. Additionally, they're 7.6% more likely to earn a Doctoral Degree.

Market researcher vs. Marketing coordinator

A marketing coordinator supports the marketing department on deciding strategies and business efforts to develop the brand image and boost customer satisfaction. Marketing coordinators' duties include assisting in advertising campaigns, scheduling promotional events, monitoring sales status, researching current market trends, maintaining a record of existing and potential clients, and contributing ideas to improve the brand's profitability. A marketing coordinator must have excellent critical thinking and writing skills to help with the creation of social media advertisements and marketing content. It also requires impressive time-management and multi-tasking skills, especially on meeting deadlines and making adjustments on the initial plans as needed.

A career as a marketing coordinator brings a lower average salary when compared to the average annual salary of a market researcher. In fact, marketing coordinators salary is $3,983 lower than the salary of market researchers per year.Only some things about these jobs are the same. Take their skills, for example. Market researchers and marketing coordinators both require similar skills like "powerpoint," "market research," and "facebook" to carry out their responsibilities.

In addition to the difference in salary, there are some other key differences worth noting. For example, market researcher responsibilities are more likely to require skills like "data analysis," "primary research," "data collection," and "research findings." Meanwhile, a marketing coordinator has duties that require skills in areas such as "digital marketing," "customer service," "marketing campaigns," and "email campaigns." These differences highlight just how different the day-to-day in each role looks.

On average, marketing coordinators earn a lower salary than market researchers. Some industries support higher salaries in each profession. Interestingly enough, marketing coordinators earn the most pay in the technology industry with an average salary of $53,831. Whereas market researchers have higher pay in the automotive industry, with an average salary of $74,795.In general, marketing coordinators achieve lower levels of education than market researchers. They're 5.5% less likely to obtain a Master's Degree while being 7.6% less likely to earn a Doctoral Degree.

Market researcher vs. Market analyst internship

When it comes to a marketing analyst internship, an intern primarily follows a senior or a more experienced officer's directives. Most of their tasks will revolve around processing paperwork, maintaining records and databases, participating in research and analyses, and assisting senior analysts in various projects. There are also instances where they can attend meetings, participate in social media handling, and even share marketing insights. Furthermore, as an intern, it is essential to learn and adhere to the company's policies and regulations.

On average, market analyst interns earn higher salaries than market researchers, with a $11,167 difference per year.Using the responsibilities included on market researchers and market analyst interns resumes, we found that both professions have similar skill requirements, such as "data analysis," "data collection," and "research findings.rdquo;

Some important key differences between the two careers include a few of the skills necessary to fulfill the responsibilities of each. Some examples from market researcher resumes include skills like "primary research," "quantitative research," "facebook," and "outbound calls," whereas a market analyst internship is more likely to list skills in "data entry," "financial models," "capital markets," and "market analysis. "

When it comes to education, market analyst interns tend to earn similar degree levels compared to market researchers. In fact, they're 2.9% more likely to earn a Master's Degree, and 0.3% more likely to graduate with a Doctoral Degree.

Market researcher vs. Research analyst

A research analyst is responsible for providing a company with insights and advice concerning finance, investments, and expenditures. Utilizing their analytical skills and extensive expertise in marketing, they analyze the trends and significant factors to conclude which decision should be the best to make. They can also take part in conducting an in-depth analysis of a business and examine which areas require improvement or has potential. Furthermore, they may work with a company or independently as a freelance analyst.

Research analysts tend to earn a higher pay than market researchers by an average of $17,923 per year.According to resumes from market researchers and research analysts, some of the skills necessary to complete the responsibilities of each role are similar. These skills include "data analysis," "primary research," and "data collection. "Each job also requires different skills to carry out their responsibilities. A market researcher uses "facebook," "outbound calls," "qualtrics," and "in-depth interviews." Research analysts are more likely to have duties that require skills in "research projects," "python," "data entry," and "healthcare. "The finance industry tends to pay the highest salaries for research analysts, with average annual pay of $101,433. Comparatively, the highest market researcher annual salary comes from the automotive industry.In general, research analysts hold higher degree levels compared to market researchers. Research analysts are 5.4% more likely to earn their Master's Degree and 1.4% more likely to graduate with a Doctoral Degree.

Types of market researcher

Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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