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From Beginner to Modern Product Manager with Just One Course!
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Build any digital product from end to end
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Product analysts employ product analytics and research to assess the performance of a new product or feature. Here’s what to know about a product analyst’s needed skills, salary and how to become one.
Product analysts are responsible for conducting product and user research as well as analyzing related data to support the product development process. They largely ensure a product is reaching the right audiences and meeting both user and business needs. Product analysts tend to be involved in the pre-launch and post-launch stages of product development.
Product analysts interpret quantitative product and user data to support product decisions, changes and optimizations.
Product analysts are usually part of a product or IT team within a company. They may collaborate with marketing analysts, software developers and UX designers to accomplish their work. They also tend to report to senior product analysts or product managers.
Product analysts help to translate user needs into product needs, ensuring products are being created for the highest success rate possible among its audience. Without product analysts, new products may not perform, function or sell as intended upon release.
Product analyst candidates are often expected to hold a bachelor’s degree in business, economics, mathematics or a similar field.
Product analysts will need to obtain experience in business analysis, systems analysis or similar roles. Knowledge in the areas of product and user analysis, feature flagging and testing, product development, project management and effective communication are also recommended.
If not starting as a product analyst, professionals may begin their career beforehand as a business analyst, data analyst, systems analyst or a similar role. After gaining experience as a product analyst, professionals can move on to be a senior product analyst or lead product analyst. From here, professionals may approach management and leadership roles like product manager, senior product manager and director of product management.
Product analysts, grouped under market research analysts by the U.S. Bureau of Labor Statistics, are expected to see a job increase of 19 percent by 2031.
The full compensation package for a product analyst depends on a variety of factors, including but not limited to the candidate’s experience and geographic location. See below for detailed information on the average product analyst salary.
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