Quick Answer: Does Market Research Pay Well?

What skills do you need for market research?

Key skills for market research analystsAbility to cope with fast-paced and pressured work.Accuracy.Strong attention to detail and a strong analytical mind.Ability to notice patterns within statistics.An interest in psychology and behaviour.Good organisational skills.Excellent (spoken and written) communication skills.More items….

Is market research a good career?

A career in market research operations can give you a fast paced and rewarding career, whilst still being involved with data and client communication. … There are also plenty of opportunities to grow your career further; it’s the door to senior positions in this industry.

How much do market researchers earn?

How Much Does a Market Research Analyst Make? Market Research Analysts made a median salary of $63,120 in 2018. The best-paid 25 percent made $88,680 that year, while the lowest-paid 25 percent made $46,360.

What does market researcher do?

What Market Research Analysts Do. Market research analysts gather and analyze data on consumers and competitors. Market research analysts study market conditions to examine potential sales of a product or service. They help companies understand what products people want, who will buy them, and at what price.

How much does a market research analyst make per hour?

Hourly Wage for Market Research Analyst I SalaryPercentileHourly Pay RateLocation25th Percentile Market Research Analyst I Salary$26US50th Percentile Market Research Analyst I Salary$29US75th Percentile Market Research Analyst I Salary$32US90th Percentile Market Research Analyst I Salary$36US1 more row

How do I start a career in market research?

The minimum eligibility for a career in market research is a Bachelor in Business Administration (BBA) with marketing specialization. To pursue this degree from a reputed college, you need to have a minimum of 50% in 10+2.