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Salary and Benefits

Product Analyst
$50K-$61K / yr. (est.)
$50K
$55,557 / year
$61K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About Product Analyst

What does a Product Analyst do?

We, product analysts, analyze market data and develop marketing strategies for the product under our supervision. We compare the organization’s product with the industry trends to ensure that the product is profitable. Also, we provide assistance with product ratings and reviews and oversee the projects of the organization. As product analysts, we participate in the company’s operations like costing, inventory control, planning, and budgeting. Sometimes, we assist the company in meeting short-term and long-term project development goals.

Core tasks:

  • working with the product development departments to improve the quality of the product
  • analyzing the profitability and performance of the product frequently
  • using new procedures to improve the product

Insights

How Many Years of Experience Do Professionals Need Before Becoming Product Analyst?
On average, people work 5-7 years in other positions prior to becoming a Product Analyst.
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Product AnalystBoston, MA - A year ago
😡 Are you serious? Who has time to wait 5-7 years to become a Product Analyst? It should be faster!
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Product AnalystSeattle, WA - A year ago
well, as a Seattleite, I can tell you that everything moves slow here, including career advancement 🤷
How Long Do Product Analyst Employees Typically Stay in Their Roles?
On average, Product Analysts works in this position for 3-5 years across multiple employers.
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Software EngineerSeattle, WA - A year ago
These stats are unreliable. I know many Product Analysts who have been with one company for over a decade.
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HR SpecialistNew York City, NY - A year ago
honestly i think we should look at more up to date data. lots of flow due to the covid impact, ya know 😒
What Is the Job Hopper Score for Product Analyst Employees?
Moderate job changes in Product Analyst, showing some career movement without excessive turnover.
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Software EngineerSan Francisco, CA - A year ago
Product Analysts should explore opportunities in the tech industry, where they can leverage their analytical skills to drive innovation.
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HR SpecialistNew York City, NY - A year ago
💔 It's disheartening to see Product Analysts not valuing their talent and staying in positions without significant career growth. Dare to reach for more!

Career path

Path to job

Discover a Product Analyst's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Product Analyst typically studied at.
Penn State University
University of California-Berkeley

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Product Analyst Employees?
Gender ratio in Product Analyst position: 0.598051358269342 Male and 0.401948641730658 Female. Age ratio in Product Analyst position: 16-20: 4%, 21-30: 74%, 31-40: 17%, 41-50: 4%, 51-60: 1%, 60+: 0%. Product Analyst position is predominantly male (59.8%) with the largest age group being 21-30 years old, followed by 31-40 years old.
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Product AnalystBoston, MA - A year ago
I'm amazed by the low percentage of people over 50 in this job. Age should not limit our opportunities! 🙌
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Product AnalystSeattle, WA - A year ago
Can't believe the majority of product analysts are young males! We need more representation for all genders and ages in this field! 💥

Workplaces

Who Are the Top Employers for Product Analyst?
Top employers of Product Analyst position: Boston Scientific, Farmers Insurance, Google. People who work in Product Analyst position most typically go on to work for the Boston Scientific.
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Product AnalystSeattle, WA - A year ago
Google might be a big player, but Boston Scientific has a more focused and specialized role in the medical industry. Can't beat that!
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Product AnalystAustin, TX - A year ago
Farmers Insurance is overhyped. Google offers better opportunities and growth potential. I'd rather work for them any day!
Boston Scientific
Farmers Insurance
Google
What Industries Does Product Analyst Typically Have Experience In?
Industry Background: The most typical industries of Product Analyst: Finance & Insurance, Information Technology, Manufacturing, Retail, Administrative & Support. Product Analyst employees most likely come from a Finance & Insurance industry background.
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Product AnalystHouston, TX - A year ago
Sometimes, Product Analysts focus too much on numbers and forget about the human aspect of products.
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Product AnalystSan Francisco, CA - A year ago
😠 Houston, you clearly don't understand the importance of data-driven decision-making in this industry!

Find your job as Product Analyst

Discussion about Product Analyst

Want to know more about Product Analyst position?
Share your thoughts and ideas about Product Analyst position with others in our community.
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Do a lot of women work as a Product Analyst?
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Sophie Hayes3 years ago
The women/men ratio is well balanced.
What is the typical age of people who work as a Product Analyst?
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Sophie Hayes3 years ago
People working as a Product Analyst are 28 old on average.
Is a Product Analyst considered to be a junior profession?
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Liam Brown3 years ago
You need 6 years of experience to work as a Product Analyst.
Which industries should a Product Analyst consider working in?
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Isabella Holmes3 years ago
Finance & Insurance is the most probable for a Product Analyst to work in.
What kind of higher education a Product Analyst need?
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Isabella Holmes3 years ago
Bachelor of Science degree is the typical for a Product Analyst
Which company is likely to have openings for Product Analyst positions?
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Liam Brown3 years ago
If you are a Product Analyst you should definitely apply for Boston Scientific, Farmers Insurance, Google, HCA Healthcare and Progressive Insurance
How many years do people work as a Product Analyst before changing their role?
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Liam Brown3 years ago
A Product Analyst typically changes positions after 4 years.
Is it common for people to switch companies and still work as a Product Analyst?
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Sophie Hayes3 years ago
On average a Product Analyst works for only a few companies.
What work history do people usually have before becoming a Product Analyst?
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Benjamin Gardner3 years ago
Most people come from Business Analyst, Product Manager or Analyst roles
What typical professions people working as a Product Analyst switch to?
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Benjamin Gardner3 years ago
Changing from a Product Analyst to Product Manager, Business Analyst or Project Manager is a typical career path.
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Disclaimer

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