Market Research Analyst
Market Research Analyst,
Research market conditions to determine potential sales of products. Gather information on competitors, prices, sales, and methods of marketing and distribution. Analyze buying trends, prices of products and budgets. BBA required. Relevant experience in marketing for at least 2 years is a must.
Market Research Analyst Job Duties:
1) Collect and analyze data on customer demographics, preferences, needs, and buying habits to identify potential markets and factors affecting product demand.
2) Prepare reports of findings, illustrating data graphically and translating complex findings into written text.
3) Measure and assess customer and employee satisfaction.
4) Forecast and track marketing and sales trends, analyzing collected data.
5) Seek and provide information to help companies determine their position in the marketplace.
6) Measure the effectiveness of marketing, advertising, and communications programs and strategies.
7) Conduct research on consumer opinions and marketing strategies, collaborating with marketing professionals, statisticians, pollsters, and other professionals.
8) Attend staff conferences to provide management with information and proposals concerning the promotion, distribution, design, and pricing of company products or services.
9) Gather data on competitors and analyze their prices, sales, and method of marketing and distribution.
10) Monitor industry statistics and follow trends in trade literature.
11) Devise and evaluate methods and procedures for collecting data (such as surveys, opinion polls, or questionnaires), or arrange to obtain existing data.