Career Details :: Market Research Analysts
Description
Research market conditions in local, regional, or national areas to determine potential sales of a product or service. May gather information on competitors, prices, sales, and methods of marketing and distribution. May use survey results to create a marketing campaign based on regional preferences and buying habits.
Experience
A minimum of two to four years of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.
Education
Most of these occupations require a four-year bachelor's degree, but some do not.
Training
Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.
Tasks
- Examines and analyzes statistical data to forecast future marketing trends and to identify potential markets.
- Establishes research methodology and designs format for data gathering, such as surveys, opinion polls, or questionnaires.
- Gathers data on competitors and analyzes prices, sales, and method of marketing and distribution.
- Collects data on customer preferences and buying habits.
- Prepares reports and graphic illustrations of findings.
- Translates complex numerical data into nontechnical, written text.
- Attends staff conferences to submit findings and proposals to management for consideration.
- Checks consumer reaction to new or improved products or services.
Related Careers
- Insurance Sales Agents
- Public Relations Specialists
- Purchasing Agents and Buyers, Farm Products
- Real Estate Sales Agents
- Sales Representatives, Electrical/Electronic
- Sales Representatives, Mechanical Equipment and Supplies
- Sales Representatives, Medical
- Wholesale and Retail Buyers, Except Farm Products
Important Abilities
General Work Activities
- Getting Information Needed to Do the Job
- Analyzing Data or Information
- Processing Information
- Communicating With Other Workers
- Identifying Objects, Actions, and Events
Important Skills
Frequent Work Context
- Job-Required Social Interaction
- Objective or Subjective Information
- Consequence of Error
- Importance of Being Exact or Accurate
- Indoors
Related Majors
| Major | Add to XapPack |
|---|---|
| Applied Economics |  [ add ] |
| Applied Mathematical Economics | [ add ] |
| Business Administration/Economics | [ add ] |
| Business/Economics | [ add ] |
| Comprehensive Social Studies/Economics | [ add ] |
| Computer/Information Science/Economics | [ add ] |
| Economic Development | [ add ] |
| Economic History | [ add ] |
| Economics | [ add ] |
| Economics for Business Management | [ add ] |
| Economics/Accounting | [ add ] |
| Economics/Business | [ add ] |
| Economics/Business Administration | [ add ] |
| Economics/Computer Science | [ add ] |
| Economics/Finance | [ add ] |
| Economics/French | [ add ] |
| Economics/German | [ add ] |
| Economics/History | [ add ] |
| Economics/Industry/Government | [ add ] |
| Economics/International Business | [ add ] |
| Economics/Management | [ add ] |
| Economics/Management Science | [ add ] |
| Economics/Mathematics | [ add ] |
| Economics/Philosophy | [ add ] |
| Economics/Politics | [ add ] |
| Economics/Public Policy | [ add ] |
| Economics/Social Science | [ add ] |
| Economics/Sociology | [ add ] |
| Economics/Spanish | [ add ] |
| Economics/Systems Analysis | [ add ] |
| Education/Child Study | [ add ] |
| Entrepreneurial Studies/Economics | [ add ] |
| Finance/Economics | [ add ] |
| International Business/Economics | [ add ] |
| International Culture/Economy | [ add ] |
| Marketing Management/Research | [ add ] |
| Marketing Research | [ add ] |
| Marketing/Consumer Research | [ add ] |
| Mathematics/Economics | [ add ] |
| Pre-medical Records Administration | [ add ] |
| Quantitative Economics | [ add ] |
| Quantitative Methods/Economics | [ add ] |
| Research Analyst Administration | [ add ] |
Institutions Offering Related Majors
No institutions found.