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Where Does it Come From.
The Market Research Analyst is principally responsible for interpreting data, formulating reports and making recommendations based upon the research findings. To accomplish this task, the Market Research Analyst works with the client (either internal or external) to understand, define and document the overarching business object.
Market research analysts earn a median annual salary of $62, (). , people are employed in this occupation (). They work in a variety of industries.
Typically, market research analysts have a bachelor's degree in one of the following: marketing, market research, statistics, computer science, math, social sciences, business administration, or communications. Marketing analysis is the study and evaluation of market trends. The goal is to determine what products a company should produce and how to sell them. Business strategies and tactics are reliant upon marketing analysis, which is applicable to all industries that distribute a product or service.
Market research analysts typically need a bachelor’s degree in market research or a related field. Many have degrees in fields such as statistics, math, and computer science. Others have backgrounds in business administration, the social sciences, or . Market intelligence is a combination of research and consultancy, helping businesses to make decisions and set priorities. As a research analyst your job is to become an expert in a very specific.