How to become A Market Research Analyst, Market Research Analyst Salary, Market Research Analyst Career, Market Research Analyst Eligibility, Market Research Analyst Job Description
Today in this article we will read how to become a market research analyst? Through this post, we will be able to know what is a Market Research Analyst and what qualifications are required in any student for that. Along with this, what is the whole process to become a Market Research Analyst and when a candidate starts working in this post, then he/she gets a salary package of up to Rs. Also, when a candidate becomes a Market Research Analyst, what are the tasks he has to do. By the way, if it is seen here that if a person likes to do survey, field work and analytical work, then he can make a career in this field.
Whenever a new business or product is started, it is very important to do market research, which can only be done by the candidate who has all the information about this field. By the way, let us tell here that any person gets success in this field only when he has essential knowledge of all the things related to Market Research Analyst. But to work in this industry, the candidate should know all the things related to the market and if you are also a student who is interested in becoming a market research analyst after 12th, then read our today’s article to know more How can you become a Market Research Analyst?
What is a Market Research Analyst?
Let us tell you here that a market research analyst is a professional whose job is to get all the information about any new product before bringing it to the market, such as how much is its consumption in the area where that product is being brought. and how much that product can be sold in that market. That is why whenever a company brings its new product to the market, first of all it does its market research so that all the information about all kinds of changes in the market can also be received in the right way.
How to become a Market Research Analyst?
Candidates who want to become Market Research Analyst have to first pass class XII with a subject like Mathematics and after that the student should do his/her graduation in subjects like Mathematics, Computer Science, Market Research. Let us tell here that to become a market research analyst in our country, courses are conducted in many institutes from where students can do their course in the field of market research analyst.
Market Research Analyst Qualification
- Interested candidate must have completed BBA degree in Marketing & Finance from any recognized university.
- Or the candidate should have done B.Com.
- Or the candidate should have completed B.Sc.
- Candidate must have knowledge of English language.
- The candidate should be good at conversation as well as have creative tendencies.
Age Range
Students who want to become a Market Research Analyst, let them know here for information that the age of the candidate should be at least 20 years and there is no upper age limit for this, due to which no person can apply for this field. One can also make his career till age.
Market Research Analyst Job Description
A person working as a Market Research Analyst faces many challenges which he/she has to complete successfully which are as follows:
- Research about any new product.
- Understanding the need of the customer and giving information about his product.
- Gather feedback about a product or service.
- They also collect information about the sale, price, distribution, etc. of the new product to be brought in the market.
- Conducting field surveys.
- The area in which a new product is launched collects all the information related to that product.
Market Research Analyst Career
People working as Market Research Analysts get private and government job opportunities. Let us tell here that apart from the private sector, the government also has to do market research to know the public opinion about government policies, schemes and issues, for which they need a market researcher. Apart from this, market research analysts are also needed in educational institutions, marketing organizations, and multinational companies.
Market Research Analyst Salary
Let us inform you here that people who work as market research analysts get a salary package ranging from 25,000 to 35,000 in the beginning of every month. In this way, after gaining a few years of experience, the candidate can get a pay scale of more than 1 lakh, which completely depends on his hard work, dedication and ability.