Product Analyst Salary
The product analyst role requires strong analytical skills and an understanding of software development and how to communicate with developers. A product analyst is a person who analyzes and understands the needs of customers to create actionable requirements for the development team. The average Product Analyst Salary in The United States is $77,400 per BI Developer/Analyst job year. Salaries range from $56,000 to $105,400.The average Product Analyst Hourly Wage is $35.50 per hour.
Where do Product Analysts earn more in The United States?
- You will be responsible for driving the development of data products by collabo…
- In this program, you’ll prepare for a career as a product manager, gaining the in-demand skills and hands-on experience to get job-ready in less than 3 months.
- Product analysts use various software programs and data analysis tools to help them understand complex data sets.
- Salaries range from $56,000 to $105,400.The average Product Analyst Hourly Wage is $35.50 per hour.
- Solid knowledge of P&C insurance products, pricing, underwriting, marketplace and product management, with understanding of product P&L, drivers of growth and profitability.
Product managers have become vitally important given the world’s continued adoption of all things digital. These professionals head up the entire https://wizardsdev.com/en/vacancy/junior-at-qa-engineer/ product development process, ensuring that the products created align with customer needs and match the company’s goals. Due to the rise of innovation and data-driven decision-making, the global product management market is expected to grow at a compound annual growth rate of 9.39 percent from 2025 to 1. This signifies the importance of product managers in the current digital landscape.
Senior Analyst, Product Analysis – PL Auto
- As a product manager, you must have a product management tool at your disposal always.
- The following table lists the base salary ranges provided by Payscale, Glassdoor, Zippia, Indeed, and Salary.com.
- The product analyst role requires strong analytical skills and an understanding of software development and how to communicate with developers.
- As the Pricing Analyst, you will work as part of a team focused on defining and implementing pricing strategies f…
- A business analyst helps a company improve its business operations by identifying problems and recommending solutions.
- Salary.com reports that pay typically ranges from $201,355 to $276,290, with most professionals earning between $169,419 and $312,579.
- Product analysts will need to obtain experience in business analysis, systems analysis or similar roles.
A marketing analyst analyzes data to understand a company’s marketing effectiveness. They use their findings to recommend changes to the marketing strategy. A systems analyst specializes in analyzing and designing information systems within an organization.
Skills required
In addition to defining the features and requirements of a product, a product manager analyzes market and competitor trends. In doing so, they can form a product strategy that not only generates profits for the company but also makes sure user needs are met. Product managers facilitate seamless coordination across sales, engineering, marketing, design, and other product teams. In this role, you would also liaise with stakeholders to identify the target audience for the product and how the product can benefit them. The Web development average product analyst salary has risen by $8,297 over the last ten years.
Most Common Skills for Product Analyst
Various factors, including your education and skill set, can affect your potential wages. The following list offers information about critical determinants impacting your salary and job prospects as a product analyst. According to data from multiple job listing sites, the average annual income for a product analyst ranges from just over $70,000 to more than $100,000. The following table lists the base salary ranges provided by Payscale, Glassdoor, Zippia, Indeed, and Salary.com. They provide insight that drives management decisions on product direction and investment. An entry-level VP of Credit Analysis with less than 1 year of experience earns about $215,441.