What does a Product Analyst do?

Product analysts utilize market data to help companies develop marketing strategies for a product by comparing a company's product and industry trends and ensuring that a product is most suitable and profitable.

Product analysts evaluate company products to understand the product and see if it will meet the company’s current and future needs. They also assist with product ratings and reviews. They analyze metrics to continually improve products while developing and overseeing small-to-medium-scale projects. They work with other departments to enhance the analysis and presentation of a product. They contribute to operations including costing, inventory control, planning, and budgeting. They work with data analysis software to determine a product's potential sales and profitability and monitor its performance to define strategies that improve the products’ performance. A product analyst needs a minimum bachelor's degree in business, economics, mathematics, or related fields.

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EducationBachelor's Degree
Work/Life Balance
3.9 ★
Salary Range--
Career Opportunity
3.8 ★
Avg. Experience2-4 years

Product Analyst Salaries

Average Base Pay

$5,150 /month
Same as national average
Not including cash compensation
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Median: $5K
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Glassdoor Estimated Salary

Product Analyst Career Path

Learn how to become a Product Analyst, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

Product Analyst
Lead Product Analyst
No Salary Reports
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Product Analyst Insights

Read what Product Analyst professionals have to say about their job experiences and view top companies for this career.
Product Modeling Analyst
3 Oct 2019

“Underwriting department is generally pretty chill and I enjoy most of the people I work with.”

Smart Energy WaterSmart Energy Water
Senior Product Analyst
19 Oct 2020

“The best advice would be to consider other options to work and avoid this place until the CEO is replaced.”

RedSail TechnologiesRedSail Technologies
Product Analyst
9 Jul 2021

“Salary was not on par with current job taken with a lower position in the same field.”

Missouri Department of Insurance
Insurance Product Analyst
31 Oct 2019

“I began my career here and learned a lot about the property and casualty insurance industry.”

Product Analyst
2 Mar 2021

“Great culture and the best people to work with in my life!”

SuMi TrustSuMi Trust
Product Analyst
17 Feb 2021

“Great Position to work and cultivate”

Product Analyst
20 Jul 2021

“great career development and coaching style”

Branch InsuranceBranch Insurance
Product Analyst
22 Sep 2021

“Everyone here is really great to work with and I feel 100% supported.”

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Product Analyst Interviews

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