The average pay for a Market Research Analyst in Toronto, Ontario is C$50,223 per year. Most people with this job move on to other positions after 10 years in this field.

C$38,783 - C$61,635
C$39K
C$50K
C$62K
MEDIAN: C$49,870
10%
50%
90%
C$0C$68K
Salary C$38,783 - C$61,635
Bonus C$253 - C$10,000
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
C$40,104 - C$68,480
  • Country: Canada
  • Currency: CAD
  • Updated: 12 Jan 2018
  • Individuals Reporting: 56

Job Description for Market Research Analyst

A marketing research analyst reviews a large amount of data, analyzing it to answer three major questions: What product does the market want? Who are the consumers that would purchase such a product? How much would consumers pay for the product? Their main goal is to help the company's profits grow over time by using available data. They analyze interviews, collect prospective consumer data via surveys, and include relevant statistics in a final report for their clients or management team. Most analysts work during regular business hours in an office setting, although overtime may be required on time-sensitive projects.

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Market Research Analyst Tasks

  • Conduct research market conditions in specific areas, and analyze customer preferences to determine potential sales of a product or service.
  • Gather data on competitors and past sales to analyze prices and methods of marketing and distribution.
  • Assist in the development of marketing plans.
  • Track and analyze marketing and sales trends, forecasts and prepare reports in order to measure the effectiveness of programs.

Market Research Analyst Job Listings

Key Stats for Market Research Analyst

Gender

Female
51 %
Male
49 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 6 votes.
Less than 1 year
20%
1-4 years
54%
5-9 years
21%
10-19 years
2%
20 years or more
4%

Experience Affects Market Research Analyst Salaries

Mid-Career
▲3%

National Average
C$51,000

▼8%

Skills That Affect Market Research Analyst Salaries

Market Research
▲3%

Microsoft Excel
▲1%

National Average
C$51,000

Data Analysis
▼5%

Research Analysis
▼7%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 6 votes.

Gender

Female
51 %
Male
49 %

Years of Experience

Less than 1 year
20%
1-4 years
54%
5-9 years
21%
10-19 years
2%
20 years or more
4%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 63%
vision benefits
Vision: 60%
no benefits
None: 8%