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What is the median pay for a market research analyst?

$65,810
The median annual wage for market research analysts was $65,810 in May 2020. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less. The lowest 10 percent earned less than $35,380, and the highest 10 percent earned more than $127,410.

What is the scope of market research analyst?

A market research analyst is responsible for surveying customer preference and statistical data in order to support customers during their decision-making process regarding product designs, prices, and promotions.

What is the future of market research?

The future of the market research industry is full of challenges and opportunities. New technologies such as artificial intelligence and machine learning will enable faster analytics and report creation.

What is the job of market research analyst?

What is a Market Research Analyst? A market research analyst is responsible for surveying customer preference and statistical data in order to support customers during their decision-making process regarding product designs, prices, and promotions.

Is a market research analyst a good job?

The job outlook for this occupation is excellent. The U.S. Bureau of Labor Statistics predicts that employment will grow much faster than the average for all occupations between 2016 and 2026, and thus classifies it as a “Bright Outlook Occupation.”

Do market research analysts travel?

Structured work schedules are normal for market research analysts who typically work in offices, but sometimes must travel to conduct research or present findings. Because market research analysts are often working against deadlines and tight schedules, overtime hours are sometimes required.

Is market research dying?

The State Of Market Research Market research is one areas of our industry that’s suffered greatly from the rise of digital marketing. And if you look at Google Trends, worldwide interest in market research has declined by nearly 80\% since 2004. Sadly, Kantar may just be one of the best brands in a dying category.

What is the salary of a research analyst in India?

An entry-level Research Analyst with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of ₹303,807 based on 253 salaries. An early career Research Analyst with 1-4 years of experience earns an average total compensation of ₹381,284 based on 834 salaries.

How much does a Deloitte market research analyst make in India?

Average Deloitte Market Research Analyst salary in India is ₹ 7.1 Lakhs for employees with experience between 2 years to 8 years. Market Research Analyst salary at Deloitte ranges between ₹ 5.2 Lakhs to ₹ 10.5 Lakhs. Salary estimates are based on 14 salaries received from various employees of Deloitte.

What is the salary of an early career research analyst?

An early career Research Analyst with 1-4 years of experience earns an average total compensation of ₹381,284 based on 834 salaries. A …Read more What Do Research Analysts Do?

What is the job description of a research analyst?

When not examining or verifying information, a research analyst must work with their superiors to demonstrate what they have learned from their data and how it can be applied in the future for their business. Use a variety of sources to research and analyze topics, becoming an expert in a field.