Home/ Resources/ Glossary/ Market Research Analyst
Glossary · Marketing & Brand Roles

What Is A Market Research Analyst?

A market research analyst collects and interprets data about consumers, competitors, and market conditions to guide strategic decisions. The work combines primary research such as surveys and interviews with published data, and turns the findings into recommendations for marketing and product teams.

Also called
Marketing Research Analyst
Reports to
Head of Marketing / Product
Works on
Surveys, competitor and customer research
Measured on
Research accuracy, decision impact

What A Market Research Analyst Actually Does

  1. 01 · Research DesignDesigns studies and data collection methods, including surveys, interviews, and focus groups
  2. 02 · Data CollectionGathers primary data from customers and secondary data from published sources and trend tools
  3. 03 · Competitor AnalysisTracks competitors, pricing, and market trends to show where the company stands
  4. 04 · AnalysisCleans and analyzes datasets, using statistics to separate real patterns from noise
  5. 05 · ReportingTurns findings into clear recommendations for marketing, product, and leadership teams

Market Research Analyst Vs. Similar Roles

RoleMain focusPrimary metric
Market Research AnalystStudying customers, competitors, and market trendsInsight accuracy, decision impact
Marketing AnalystMeasuring how the company’s own marketing is performingCampaign ROI, conversion
Business AnalystImproving internal processes and systemsRequirement accuracy, delivery success
Data AnalystInterpreting data to answer business questionsReport accuracy, insight impact

At smaller companies, a marketer or product manager often runs research on the side. Hire a dedicated market research analyst once pricing, positioning, or new-market decisions need regular outside-in evidence.

Skills To Screen For

Survey design and tools such as Qualtrics or SurveyMonkey Statistical analysis with Excel, SQL, R, or SPSS Data visualization in Tableau or a similar tool, with clear written reporting Business-level English, especially for presenting findings to US stakeholders

Interview Questions Worth Asking

1"Walk me through a research project from question to recommendation. What did the company change as a result?"
2"How do you decide between primary research, like surveys, and secondary data?"
3"A survey result contradicts what sales is hearing from customers. How do you reconcile the two?"

Hiring A Market Research Analyst In Latin America

Ready to add one to your team? Hire a market research analyst from Latin America through LatamCent, with 3 to 5 vetted profiles in the first 10 days.

How Much Of The Workday You’d Share

Your team’s time zone
Clock
Your team, 9am to 5pm Their workday, 9am to 6pm local Shared hours
Colombia
Mexico
Brazil
Argentina

Bogota, Mexico City, Sao Paulo, and Buenos Aires don’t change their clocks, so the overlap shifts when yours does. Times shown are in your team’s time zone. National English-proficiency averages vary by market too: Argentina ranks in EF’s "High" band globally, while Colombia, Mexico, and Brazil sit in the "Low" band. Screen every candidate’s spoken English directly rather than assuming by country.

Common mistake: hiring a reporting-focused analyst and expecting market research. The role looks outward at customers, competitors, and markets, not just at internal data. Ask about primary research they ran, such as surveys or interviews, and what decision it changed.

What It Costs

US average $78.8K/yr $55K-$88.5K typical range
LatAm average $40K/yr Senior average, four countries
Typical savings ~49% About $38.8K/yr per hire
CountryEntry level (1-3 yrs)Senior (6+ yrs)
Colombia$16K/yr$40K/yr
Mexico$18K/yr$36K/yr
Brazil$22K/yr$42K/yr
Argentina$18K/yr$42K/yr

Per-country figures are estimates for remote research analyst roles with US companies, the closest available title match. The LatAm average above is the mean of the four senior figures.

21 days

Typical time from kickoff to signed offer. LatamCent delivers 3 to 5 candidate profiles in the first 10 days.

Frequently Asked Questions

A market research analyst collects and interprets data about consumers, competitors, and market conditions to guide strategic decisions. The work combines primary research such as surveys and interviews with published data, and turns the findings into recommendations for marketing and product teams.

A market research analyst looks outward, studying customers, competitors, and market trends. A marketing analyst looks inward at how the company’s own marketing is performing. Smaller teams often combine the two roles.

US market research analysts average around $78,800 a year. Senior research analysts in Latin America average around $40,000 a year, about 49% less, saving roughly $38,800 a year per hire.

Most searches run 21 days from kickoff to a signed offer, with 3 to 5 candidate profiles delivered in the first 10 days.

A market research analyst looks outward at customers, competitors, and market trends to guide marketing and product decisions. A business analyst looks inward at how the company’s systems and workflows run, and recommends improvements and cost savings.

Need A Market Research Analyst On Your Team?

Pre-vetted, fluent-English market research analysts from Latin America, interviewing in 21 days.

Start Interviewing Today