What does a Product Analyst do?
Product analysts utilize market data to help companies develop marketing strategies for a product by comparing a company's product and industry trends and ensuring that a product is most suitable and profitable.
Product analysts evaluate company products to understand the product and see if it will meet the company’s current and future needs. They also assist with product ratings and reviews. They analyze metrics to continually improve products while developing and overseeing small-to-medium-scale projects. They work with other departments to enhance the analysis and presentation of a product. They contribute to operations including costing, inventory control, planning, and budgeting. They work with data analysis software to determine a product's potential sales and profitability and monitor its performance to define strategies that improve the products’ performance. A product analyst needs a minimum bachelor's degree in business, economics, mathematics, or related fields.
Product Analyst Salaries
Average Base Pay
Product Analyst Insights
“Underwriting department is generally pretty chill and I enjoy most of the people I work with.”
“The best advice would be to consider other options to work and avoid this place until the CEO is replaced.”
“Sodexo benefit range should be increased to good amount currently I feel it is the lowest in industry”
“Salary was not on par with current job taken with a lower position in the same field.”
“Good good good good good”
“Great culture and the best people to work with in my life!”
“great career development and coaching style”
“great work and life balance”
Product Analyst Interviews
Product Analyst jobs
Frequently asked questions about the role and responsibilities of a product analyst
When working as a product analyst, the most common skills you will need to perform your job and for career success are LEAN Agile, Agile Scrum, Agile Software Development, Interpersonal and Communication and Writing.
- Process Analyst
- Operations Analyst
- Business Analyst
- Digital Marketing
The most common qualifications to become a product analyst is a minimum of a Bachelor's Degree and an average of 0 - 1 of experience not including years spent in education and/or training.