Product Data Analyst Job Description

Our benefits are designed to support your physical, financial, emotional and mental wellbeing. Learners are advised to conduct additional research to ensure that courses and other credentials pursued meet their personal, professional, and financial goals. On top of that, you will have access to the benefits we offer to you and your family, including private medical care, benefits package for parents, life insurance, social fund, or employee discounts.

Product Data Analyst – Product Strategy & Operations

Product analysts usually work in a more dynamic environment, such as a manufacturing facility or retail store. This allows them to observe how customers interact with products and provide feedback to improve future versions of those products. 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. You’ll have to find, collect, and analyze data, making conclusions based on the findings. You’ll understand the statistical side of data analytics, be able to make projections and know how to infer causation and correlations from data. Splunk provides flexibility and choice in the working arrangement for most roles, including remote and/or in-office roles.

Technical Skills

Many organizations also encourage a culture of continuous learning, offering access to workshops, conferences, and online courses that can help analysts stay ahead in their field. This commitment to employee growth not only enhances individual skill sets but also fosters a sense of loyalty and engagement within the team. Product analysts are usually part of a product or IT team within a company.

Career paths product analysts move on to

Open more doors for your career by securing online product management certifications with Udacity. Add another dimension to your skillset by taking Udemy’s online product management courses. According to Glassdoor, Canada’s average product analyst salary is $67,954 1. Asking the right questions is arguably the most important skill for any analyst. A good business and product knowledge, a really good Data Product Analyst job dose of passion for the product, and curiosity about users are great ingredients to ask the right questions.

• Their work influences everything from product development to customer experience, making it vital for business success.
• They also both need to have excellent communication skills to present their findings to others in a clear and concise manner.
• Product analysts contribute to every stage of developing a new product, from conducting market research before designing a product, to analyzing sales trends after the product has become available.
• Product analysts are at the heart of product planning and development, helping teams create products by delivering data-driven insights about customers and markets, including areas of improvement in the product lifecycle.
• Product analysts generally want to provide timely data insights, often, while data scientists may work on longer, more in depth projects.

One of my errors on my first job was to show what I saw from my analysis, without a “so what” follow up. An insight can be “metric X improved”, but most of the time you want to explain why that happened and what can be done with that information. For example, the metric improvement could be due to a marketing campaign that you may consider continuing, or some extrinsic factor that you should consider on further development. Most of the time, product analysts are uniquely positioned to give recommendations based on data. It doesn’t mean they will take the final decision, but they are generally encouraged to give a suggestion on next steps. Product Analysts are responsible for conducting analysis on products and product features to determine how well they are performing and how they can be improved.

• It shows how to create powerful visualisation and presentations, how to use data to tell a story and drive actions.
• You will join Danone IT & Data Design to Deliver Platform as a Product Analyst LIMS and you will focus primarily on 1 or several IT products related to a group of processes in the Value Chain.
• It’s also really interesting to see how a product evolves and really exciting to help make products better and shape them to help people more and more.
• Technological advancements, particularly in data analytics tools and artificial intelligence, are reshaping how Product Analysts operate.
• Use this Product Analyst job description to advertise your vacancies and find qualified candidates.
• A product analyst’s day-to-day role involves using data to understand customer perception of products.

Learn about affordable and reputable certifications that won’t break your bank. This is a newer beginner-level class that has a great overview of types of analytics, and when to use each method to maximize effectiveness. It’s included with a Coursera subscription ($49/month) and has a rating of 4.5 stars with almost 6 thousand reviews.