What does a product analyst do?
A product analyst job utilizes data analysis software and notates trends in market research. Primarily, analysts project the costs of product development and marketing. They think of the possibilities for profit and sales and monitor the performance of products on the market to come up with a better product. Their responsibilities include company product evaluation, product understanding, and product rating reviews. Familiarity with Microsoft Office Suite, strong communication skills, and proficiency in database software is necessary for this job.
Product analyst responsibilities
Here are examples of responsibilities from real product analyst resumes:
- Manage CRM development teams in India.
- Use the SoapUI tool to automate the API calls relate to the corresponding UI functions.
- Document test procedures to ensure reliability and compliance with standards using JIRA to report and manage bugs.
- Work as a team to manage a student-run portfolio by researching and debating various securities for the benefit of the fund.
- Manage inventory and supervise site payroll and invoice processing.
- Lead architecture, design and development of a customize financial analytics solution.
- Perform extensive data analysis using SQL to generate weekly reports for senior management.
- Perform functional, non-functional, regression and performance tests.
- Produce consumable visuals utilizing one or more visualization tools, eg.
- Perform ad hoc engineering and financial analyses for corporate executives, Sr.
- Ensure all protocols on securities are maintained in wizard and client services.
- Create and control sales & marketing dashboard and KPIs which include budgeting.
- Act as product owner and scrum master on an agile software development team.
- Maintain sales hierarchy for visibility into Salesforce (SFDC) for sales field.
- Work on analyzing requirements for UX designs and validate solutions meet the business need.
Product analyst skills and personality traits
We calculated that 7% of Product Analysts are proficient in Tableau, Data Analysis, and Product Management. They’re also known for soft skills such as Interpersonal skills, Problem-solving skills, and Time-management skills.
We break down the percentage of Product Analysts that have these skills listed on their resume here:
- Tableau, 7%
Supported Tableau report development and formulated Tableau installation processes.
- Data Analysis, 6%
Provided extensive data analysis to assist in developing the process for investigating adverse reliability concerns.
- Product Management, 6%
Instituted monthly Volume/Revenue quality control report for Product Management to use in analyzing variance impact at the customer account level.
- Product Development, 5%
Analyze system and different department requirements to submit product enhancement and product development tickets to external vendor for Policy Tracking System.
- PowerPoint, 5%
Assisted Conference Leader with planning annual user conference, including preparation of speaker packets, PowerPoint presentations and staff communication.
- Project Management, 5%
Designed and implemented a project management tool to generate item set up creation coordinating and communicating requirements to multiple internal departments.
Common skills that a product analyst uses to do their job include "tableau," "data analysis," and "product management." You can find details on the most important product analyst responsibilities below.
Interpersonal skills. To carry out their duties, the most important skill for a product analyst to have is interpersonal skills. Their role and responsibilities require that "management analysts work with managers and other employees of the organizations for which they provide consulting services." Product analysts often use interpersonal skills in their day-to-day job, as shown by this real resume: "utilized excellent interpersonal, organizational, and time management skills. "
Problem-solving skills. Another essential skill to perform product analyst duties is problem-solving skills. Product analysts responsibilities require that "management analysts must be able to think creatively to solve clients’ problems." Product analysts also use problem-solving skills in their role according to a real resume snippet: "provided on-site client demonstrations of all bank of america treasury solutions. "
Time-management skills. Another skill that relates to the job responsibilities of product analysts is time-management skills. This skill is critical to many everyday product analyst duties, as "management analysts often work under tight deadlines and must use their time efficiently to complete projects on schedule." This example from a resume shows how this skill is used: "project management: drove deadlines and deliverables to ensure timely completion while collaborating with stakeholders in europe. "
Analytical skills. For certain product analyst responsibilities to be completed, the job requires competence in "analytical skills." The day-to-day duties of a product analyst rely on this skill, as "management analysts must be able to interpret information and use their findings to make proposals." For example, this snippet was taken directly from a resume about how this skill applies to what product analysts do: "designed periodic product usage reports by selecting and analyzing relevant statistical data for product managers to enable monitoring of product performance. "
Communication skills. Another crucial skill for a product analyst to carry out their responsibilities is "communication skills." A big part of what product analysts relies on this skill, since "management analysts must be able to convey information clearly in both writing and speaking." How this skill relates to product analyst duties can be seen in an example from a product analyst resume snippet: "streamlined the product development process by creating templates and communication tools resulting in efficient implementation and decreased time to market. "
The three companies that hire the most product analysts are:
- Bank of America160 product analysts jobs
- Meta129 product analysts jobs
- Oracle96 product analysts jobs
Choose from 10+ customizable product analyst resume templates
Build a professional product analyst resume in minutes. Our AI resume writing assistant will guide you through every step of the process, and you can choose from 10+ resume templates to create your product analyst resume.
Compare different product analysts
Product analyst vs. Business analyst internship
A Business Analyst Intern provides support to the business analysis team in preparing business plans and strategies. They make suggestions for improvements, write reports, perform research, and analyze data.
There are some key differences in the responsibilities of each position. For example, product analyst responsibilities require skills like "tableau," "product management," "product development," and "powerpoint." Meanwhile a typical business analyst internship has skills in areas such as "business analysts," "first hand," "strong problem-solving," and "business analysis." This difference in skills reveals the differences in what each career does.
Business analyst interns tend to make the most money working in the professional industry, where they earn an average salary of $55,443. In contrast, product analysts make the biggest average salary, $87,058, in the technology industry.The education levels that business analyst interns earn slightly differ from product analysts. In particular, business analyst interns are 7.4% more likely to graduate with a Master's Degree than a product analyst. Additionally, they're 0.3% less likely to earn a Doctoral Degree.Product analyst vs. Technical business analyst
As a technical business analyst, one oversees the technical business project and solution implementation. Technical business analysts work with the technical team members and stakeholders for the mapping, analysis, and documentation of business projects and processes. People in the business world consider them as market technicians, chartists, securities traders, or researchers. The job also involves the documentation of redesigned computer systems and applications. Skills in computer programming, leadership, communication, and management are necessary.
Each career also uses different skills, according to real product analyst resumes. While product analyst responsibilities can utilize skills like "tableau," "product management," "product development," and "powerpoint," technical business analysts use skills like "business analysis," "business stakeholders," "digital transformation," and "sdlc."
Technical business analysts may earn a higher salary than product analysts, but technical business analysts earn the most pay in the technology industry with an average salary of $88,674. On the other hand, product analysts receive higher pay in the technology industry, where they earn an average salary of $87,058.Average education levels between the two professions vary. Technical business analysts tend to reach similar levels of education than product analysts. In fact, they're 1.7% more likely to graduate with a Master's Degree and 0.3% less likely to earn a Doctoral Degree.What technology do you think will become more important and prevalent for product analysts in the next 3-5 years?
Erik Johnson Ph.D.
Assistant Professor of Economics, Carthage College
Product analyst vs. Business operations analyst
A business operations analyst is an individual who identifies and solves issues related to the performance of the business operations. Together with the management and engineering departments, business operations analysts must analyze and review a vast amount of data to identify business opportunities. They must provide recommendations and updated policies so that they can improve the company's business performance. Business operations analysts are also required to create monthly reports and present them to upper management on their key findings and assessments.
The required skills of the two careers differ considerably. For example, product analysts are more likely to have skills like "tableau," "product management," "product development," and "powerpoint." But a business operations analyst is more likely to have skills like "provide management," "shared services," "hr," and "business operations."
Business operations analysts make a very good living in the technology industry with an average annual salary of $69,138. On the other hand, product analysts are paid the highest salary in the technology industry, with average annual pay of $87,058.business operations analysts typically earn similar educational levels compared to product analysts. Specifically, they're 0.1% more likely to graduate with a Master's Degree, and 0.2% more likely to earn a Doctoral Degree.Product analyst vs. Implementation analyst
An implementation analyst is an individual who is responsible for conducting data analysis and software testing when a company is doing a software upgrade. Implementation analysts must ensure that the company has the appropriate equipment to meet its operational needs by determining which hardware and software they should use. They provide workshops and conduct education for trainers on the functionality of the product as well as to conduct tests to ensure the proper functionality of the product. Implementation analysts must also prepare budgets for proposed equipment or tailor their recommendations to fit an established budget.
Even though a few skill sets overlap between product analysts and implementation analysts, there are some differences that are important to note. For one, a product analyst might have more use for skills like "tableau," "product management," "product development," and "powerpoint." Meanwhile, some responsibilities of implementation analysts require skills like "shared services," "financial institutions," "pc," and "excellent organizational. "
In general, implementation analysts earn the most working in the technology industry, with an average salary of $83,317. The highest-paying industry for a product analyst is the technology industry.In general, implementation analysts hold similar degree levels compared to product analysts. Implementation analysts are 2.9% less likely to earn their Master's Degree and 0.2% less likely to graduate with a Doctoral Degree.Types of product analyst
Updated January 8, 2025
