- Book a Speaker
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Vivamus convallis sem tellus, vitae egestas felis vestibule ut.
Error message details.
Reuse Permissions
Request permission to republish or redistribute SHRM content and materials.
Market Research Analyst
Job summary:.
The Market Research Analyst will research, compile, and analyze information on products and market conditions to identify potential new markets, sales opportunities, and the most effective methods of marketing specified products.
Supervisory Responsibilities:
Duties/responsibilities:.
- Identifies and defines the objective of an assigned marketing research project; determines the best methods to use to meet those objectives.
- Drafts questionnaires, polls, surveys, and other data collection resources.
- Researches and compiles data related to current product market, customer demographics and interest, and factors influencing product demand; analyzes results to identify ways of maximizing sales and market penetration of current products.
- Compiles data related to competitors products such as pricing, sales, and marketing or distribution methodology.
- Summarizes and analyzes data; makes recommendations related to research findings.
- Reports findings, complete with graphs illustrating data and written text explaining complex findings.
- Identifies potential new products or markets through research.
- Forecasts and tracks industry marketing and sales trends based on collected data.
- Delivers reports and presentations of findings to management and/or executive leadership.
- Performs other related duties as assigned.
Required Skills/Abilities:
- Excellent verbal and written communication skills.
- Excellent organizational skills and attention to detail.
- Superior research and analytical skills.
- Ability to translate complex concepts and methodologies into easily understood language.
- Proficient with Microsoft Office Suite or related software.
Education and Experience:
- Bachelors degree in Marketing Research, Statistics, Math, or related field required; MBA preferred.
- Some related experience preferred.
Physical Requirements:
- Prolonged periods sitting at a desk and working on a computer.
- Must be able to lift up to 15 pounds at times.
Artificial Intelligence in the Workplace
An organization run by AI is not a futuristic concept. Such technology is already a part of many workplaces and will continue to shape the labor market and HR. Here's how employers and employees can successfully manage generative AI and other AI-powered systems.
Related Content
Why AI+HI Is Essential to Compliance
HR must always include human intelligence and oversight of AI in decision-making in hiring and firing, a legal expert said at SHRM24. She added that HR can ensure compliance by meeting the strictest AI standards, which will be in Colorado’s upcoming AI law.
A 4-Day Workweek? AI-Fueled Efficiencies Could Make It Happen
The proliferation of artificial intelligence in the workplace, and the ensuing expected increase in productivity and efficiency, could help usher in the four-day workweek, some experts predict.
How One Company Uses Digital Tools to Boost Employee Well-Being
Learn how Marsh McLennan successfully boosts staff well-being with digital tools, improving productivity and work satisfaction for more than 20,000 employees.
HR Daily Newsletter
Stay up to date with the latest HR news, trends, and expert advice each business day.
Success title
Success caption
IMAGES
VIDEO