Skills & Competencies for Market Research Analyst III

Market Research Analyst III job profile

Book a Demo and Receive a Sample Job Profile

JOB SUMMARY for Market Research Analyst III

Collects and analyzes data to evaluate existing and potential product/service markets.

JOB RESPONSIBILITIES for Market Research Analyst III

Identifies and monitors competitors and researches market conditions or changes in the industry that may affect sales.

Market Research Analyst III SALARY RANGE

BASE 50%
$98,583
TOTAL 50%
$103,477
Job Level
P03
Job Code
SM15000019
Education/Degree
Bachelor's Degree
Reports To
Manager

Market Research Analyst III Skills and Competencies List

Proficiency Levels and Behavioural Indicators
Salary.com identifies five increasing levels of proficiency for each skill/competency. Some jobs require only a relatively low level of proficiency in each skill/competency, while other jobs will require a more advanced level of proficiency in the same skill/competency. These levels rate the degree of proficiency (skill level, expertise) we expect the incumbent to perform in the given skill/competency for the given job. Note that we intentionally do not associate timeframes or years of experience in performing the skill/competency because that can be misleading. Proficiency levels identify what the incumbent knows and can do rather than how long they have been doing it. Also, note that the proficiency levels are cumulative, e.g., a level 4 proficiency implies the ability to perform all the behaviors at the lower levels.
Check each Market Research Analyst III skill and competencie below to view definitions.
JOB FAMILY COMPETENCIES CORE COMPETENCIES
BOOK A DEMO

10 general skills or competencies (Job family competencies) for Market Research Analyst III

1 Job Family Competencies – Data Analytics
Proficiency Level -4
Skill definition-Applying techniques and processes in examining and evaluating raw data to derive conclusions to support business decision-making.
Level 1 Behaviors
(General Familiarity)
Explains how to apply data analytics to successful strategies.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Documents data requirements for projects by working with business users.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Prepares data analytics tool to create visualizations.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Monitors data sources used for analytics to update data and meet quality standards.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Establishes best-in-class analytic data to improve performance by discovering patterns in data.
See 4 More Skill Behaviors
2 Job Family Competencies – A/B Testing
Proficiency Level -3
Skill definition-Designing and implementing A/B testing to track visitors’ preferences to determine which one performs better by comparing two versions of a single variable.
Level 1 Behaviors
(General Familiarity)
Explains the basic concepts and terminologies in AB testing.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Conducts A/B testing to understand the need for new content that helps drive conversion.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Implements A/B testing tools and platforms used to facilitate the marketing activities.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Evaluates and interprets actionable insights from raw data through A/B testing and customer journey experiments.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Develops strategies, plans and policies for AB testing to overcome challenges.
See 4 More Skill Behaviors
3 Market Research Analyst III - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Market Research Analyst III
Proficiency Level - 4
5 Competency for - Market Research Analyst III
Proficiency Level - 5

8 soft skills or competencies (core competencies) for Market Research Analyst III

1 Core Competencies – Products And Services
Proficiency Level -3
Skill definition-Knowledge of the full array of our organization's products and services including those that are created for internal customers; insight into the differentiating factors that distinguish them from those of competitors.
Level 1 Behaviors
(General Familiarity)
Illustrates how customers use our business's products and services.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Uses precise and appropriate terminology to explain the characteristics of the P/S.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Obtains information regarding the commonalities of diverse products and services within our business.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Proposes solutions to colleagues regarding implementation and operation-related considerations.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Provides a full range of consulting for the product and service production team.
See 4 More Skill Behaviors
2 Core Competencies – Innovation
Proficiency Level -3
Skill definition-The ability and process of implementing new ideas and initiatives to improve organizational performance.
Level 1 Behaviors
(General Familiarity)
Names our key stakeholders from a business value chain perspective.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Supports the planning, implementation, and management of training programs that foster process improvements.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Participates in the redesign of organizational structures to reflect business priorities.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Trains others on various business and operation topics.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Forecasts the short-term and long-term impact of various business cases on P&L performance.
See 4 More Skill Behaviors
3 Market Research Analyst III - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Market Research Analyst III
Proficiency Level - 4
5 Competency for - Market Research Analyst III
Proficiency Level - 5

Summary of Market Research Analyst III skills and competencies

There are 0 hard skills for Market Research Analyst III.
10 general skills for Market Research Analyst III, Data Analytics, A/B Testing, Competitive Environment, etc.
8 soft skills for Market Research Analyst III, Products And Services, Innovation, Attention to Detail, etc.
While the list totals 18 distinct skills, it's important to note that not all are required to be mastered to the same degree. Some skills may only need a basic understanding, whereas others demand a higher level of expertise.
For instance, as a Market Research Analyst III, he or she needs to be skilled in Products And Services, be skilled in Innovation, and be skilled in Attention to Detail.

It's Easy to Get Started

Get the precision you need to assess, hire, and develop top talent with skills and competencies – see how with a personalized demo.