1. What is the average salary of a Market Research Manager?
The average annual salary of Market Research Manager is $130,732.
In case you are finding an easy salary calculator,
the average hourly pay of Market Research Manager is $63;
the average weekly pay of Market Research Manager is $2,514;
the average monthly pay of Market Research Manager is $10,894.
2. Where can a Market Research Manager earn the most?
A Market Research Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Market Research Manager earns the most in San Jose, CA, where the annual salary of a Market Research Manager is $164,069.
3. What is the highest pay for Market Research Manager?
The highest pay for Market Research Manager is $157,268.
4. What is the lowest pay for Market Research Manager?
The lowest pay for Market Research Manager is $104,182.
5. What are the responsibilities of Market Research Manager?
Market Research Manager manages market research efforts for the organization. Sets policies and practices for gathering research on market conditions, competitors and consumer trends. Being a Market Research Manager analyzes and presents gathered research to sales, research and development, and management. Requires a bachelor's degree in area of specialty. Additionally, Market Research Manager typically reports to a head of a unit/department. The Market Research Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. To be a Market Research Manager typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required.
6. What are the skills of Market Research Manager
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
1.)
Insight: Insight is the understanding cause and effect based on the identification of relationships and behaviors within a model, context, or scenario.
2.)
Research Design: A research design is the set of methods and procedures used in collecting and analyzing measures of the variables specified in the problem research. The design of a study defines the study type (descriptive, correlation, semi-experimental, experimental, review, meta-analytic) and sub-type (e.g., descriptive-longitudinal case study), research problem, hypotheses, independent and dependent variables, experimental design, and, if applicable, data collection methods and a statistical analysis plan. A research design is a framework that has been created to find answers to research questions.
3.)
Promotion: Developing and implementing promotional activities to attract and increase the awareness of customers in buying products.