Description

A market analyst helps businesses gain more insight into their products from a marketing perspective. Clients have certain unique marketing goals, and the market analyst creates a plan, analyzes the available data, and comes up with multiple potential solutions for the client. They accomplish this by looking at information such as the target audience’s demographic data, market data, and studies from organizations conducting research. The information they produce helps a company to better understand its potential and current customer bases, the current field of competition for their products or services, and its current price structures. These reports can also help the company develop an appropriate marketing strategy for products aimed at a certain demographic.

A strong background in business intelligence and reporting software is required for market analysts, along with an educational background in business, marketing, or a similar field. A market analyst must be able to develop strong relationships with clients and senior-level executives, and they must be able to effectively communicate findings' significance to clients.

Roles & Responsibilities

As a Marketing Analyst with 0-3 years of experience in Singapore, your main responsibilities include:

  • Conduct market research to gather data on customers, competitors, and industry trends, and analyze the findings to provide insights for marketing strategies.
  • Assist in the development and implementation of marketing campaigns across various channels, including digital, social media, and traditional advertising.
  • Generate reports and dashboards to track key performance indicators KPIs, such as website traffic, conversion rates, and campaign effectiveness, and provide recommendations for optimization.
  • Collaborate with cross-functional teams, such as sales, product, and creative, to support marketing initiatives and ensure alignment in messaging and brand consistency.

Qualifications & Work Experience

For a Marketing Analyst job role, the following qualifications are required:

  • Proficiency in data analysis and market research techniques to gather and interpret data, providing insights and recommendations for marketing strategies.
  • Strong knowledge of digital marketing channels and platforms, including social media, email marketing, SEO, and SEM, to develop and optimize marketing campaigns.
  • Excellent analytical and problem-solving skills to identify trends, patterns, and opportunities in consumer behavior and market dynamics.
  • Effective communication and presentation skills to convey complex data and insights to stakeholders, including marketing teams and senior management.

Essential Skills For Marketing Analyst

1

Data Analysis-Management

2

Marketing Operations-Management

3

Communication-Management

4

Marketing-Management

5

Social Media-Management

6

Strategic Development-Management

Skills That Affect Marketing Analyst Salaries

Different skills can affect your salary. Below are the most popular skills and their effect on salary.

Market Analysis

13%

Data Analysis

3%

Career Prospects

The role of a Marketing Analyst is crucial for gathering insights and making informed marketing decisions. For individuals with 0-3 years of experience in Singapore, here are following alternative roles to consider:

  • Market Research Analyst: This role involves conducting market research, analyzing consumer behavior, and providing valuable insights to support marketing strategies and campaigns.
  • Digital Marketing Coordinator: A position focused on managing digital marketing initiatives, including social media, content creation, and campaign optimization.
  • Marketing Coordinator: This role entails supporting marketing activities, coordinating campaigns, monitoring marketing metrics, and assisting in project management.
  • Data Analyst: A position that involves analyzing marketing data, identifying trends, and providing data-driven recommendations for improving marketing effectiveness.

How to Learn

The job role of Marketing Analyst in Singapore is projected to witness significant growth in the market. According to a 10-year analysis, the demand for Marketing Analysts is expected to rise steadily, reflecting the expanding need for individuals with analytical and data-driven skills in the field of marketing. The increasing emphasis on data-driven decision making and the growing digital landscape are contributing factors to this growth. The future holds ample employment opportunities for Marketing Analysts in Singapore, as businesses increasingly rely on their expertise to drive effective marketing strategies.