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Market Research Analyst

DescriptionProlific is the growth firm. By combining the best traits of a consulting firm, marketing agency, and capital investor, we craft and execute bold growth strategies for emerging brands. Come join our optimistic, people-first culture. We believe the best is yet to come because we're building it together.Headquartered in downtown Indianapolis, Prolific has been recognized as a Best Place to Work by the Indiana Chamber of Commerce for four consecutive years. And we aren’t done growing. Having been named to the Inc. 5000 list for eight years straight, we are looking to add more talent to our ambitious team.Prolific’s state-of-the-art offices are filled with curious and kind people working alongside purpose-driven clients. Friendly people, fun offices and incredible clients make it enjoyable to come to work at Prolific . We hope you'll consider joining our team!Location : Indianapolis, IN - Hybrid office scheduleWe are seeking an experienced Market Research Analyst to lead qualitative and quantitative research for our strategy team. The Research Analyst will collaborate with strategists to develop a research plan. The Research Analyst leads the process of understanding both the client and their target customer segment. The Research Analyst manages all aspects of complex surveys including research, client consultations, project management, survey programming/creation, survey administration, data analysis, and reporting. Furthermore, this analyst will conduct robust secondary research on markets, customers, products, competitors, regulations, and industry trends. The Market Research Analyst helps formulate the strategy team’s direction during the initial phases of the strategic growth plan process. The Research Analyst will clearly document qualitative and quantitative research and analysis in a written report.Curiosity and a strong desire to solve complex problems is essential for success in this role. We are seeking a candidate with a strong alignment to our culture and mindset.ResponsibilitiesLead research efforts for all Prolific’s strategy clients; develop customized research plans to meet the needs of each client Lead the process of understanding the client and its target customer segment Participate in multi-day client immersions; some travel required Manage all aspects of complex surveys including research, client consultations, project management, survey programming/creation, survey administration, data analysis, and reporting Conduct robust secondary research on markets, customers, products, competitors, regulations, and industry trends Help formulate the strategy team’s direction during the initial phases of the strategic growth plan process Clearly document qualitative and quantitative research and analysis in a written reportThe responsibilities are many, various, and not limited to those written in this document.RequirementsB.S./B.A degree required 5+ years of relevant work experience in primary and secondary research Research experience in management consulting, media, marketing, or branding Strong knowledge of statistics and market research methods. Experience in qualitative and quantitative analysis. Knowledge of statistical and data analysis tools and techniques required (Tableau, Power BI, Domo) Experience developing surveys and analyzing consumer feedback Excellent analytical, critical thinking and problem-solving capabilities Proficient with MS365 and comfortable organizing data in Excel Excellent writing skills Great interpersonal skills and friendly spirit Self-motivated and capable of working under hard deadlines Experience with data visualization or other data analysis tools is a plus Experienced or comfortable engaging with the non-profit and faith-based market segments is a plusBenefitsGroup Health Insurance (Medical, Dental & Vision) 401k Matching Plan Flexible PTO + Holidays Paid Parental Leave Employee Assistance Program Training + development opportunities Cell phone reimbursement Life insurance (100% company paid) Short-Term + Long-Term Disability (100% company paid) Hybrid work setting and casual dress On-site fitness center Free snacks + drinks available in the office Free downtown parking

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What You Should Know About Market Research Analyst, Prolific

Join the Prolific team as a Market Research Analyst in sunny Indianapolis, IN, where you can flex your analytical muscles and help leading brands define their future. At Prolific, we blend the best of consulting, marketing, and investment strategies to create growth plans that spark success for our clients. This is an exciting opportunity for driven individuals—if you're someone who loves diving deep into qualitative and quantitative research, you’ll be a perfect fit. As our new Market Research Analyst, you’ll collaborate closely with our strategy team to develop customized research plans that truly address our clients’ needs. You’ll lead in understanding their target audiences and managing complex surveys from creation to reporting. Your role also involves diving into market trends, competitor analysis, and regulatory landscapes, contributing to the strategy team’s crucial growth planning. Your work will culminate in insightful reports that guide our clients toward informed decisions. If you have a knack for problem-solving, a keen curiosity, and an enthusiastic spirit that aligns with our people-first culture, we’d love to have you on board. Enjoy the perks of our hybrid work schedule, vibrant workspace, and the joy of being part of a top-rated workplace, recognized for our commitment to our team and culture. Come make impactful contributions at Prolific—where your research shapes the future of brands!

Frequently Asked Questions (FAQs) for Market Research Analyst Role at Prolific
What are the main responsibilities of the Market Research Analyst at Prolific?

The Market Research Analyst at Prolific is responsible for leading research efforts for strategy clients and developing customized research plans for each project. The analyst conducts extensive qualitative and quantitative research, manages complex surveys, and engages in client consultations. Importantly, they document findings clearly in written reports and contribute to the team's strategic growth planning process.

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What qualifications are required for a Market Research Analyst at Prolific?

To qualify for the Market Research Analyst position at Prolific, candidates must possess a B.S. or B.A. degree alongside at least 5 years of relevant experience in both primary and secondary research. Experience in sectors like management consulting or marketing is preferred, and strong knowledge of market research methods, statistics, and tools such as Tableau or Power BI is essential.

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Does Prolific offer any benefits to Market Research Analysts?

Yes, Prolific offers a comprehensive benefits package for their Market Research Analysts, including group health insurance (medical, dental, vision), a 401(k) matching plan, flexible PTO, paid parental leave, and training opportunities. Additional perks include an on-site fitness center, cell phone reimbursement, free snacks and drinks in the office, and a supportive work environment.

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What is the working environment like for a Market Research Analyst at Prolific?

At Prolific, Market Research Analysts benefit from a hybrid work schedule in a vibrant office located in downtown Indianapolis. The environment is filled with optimistic, curious individuals who prioritize collaboration and have fun while working. The company culture emphasizes a people-first approach, making it an enjoyable place for talented professionals eager to contribute to meaningful consumer insights.

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What skills should a Market Research Analyst possess at Prolific?

A successful Market Research Analyst at Prolific should have excellent analytical and critical thinking skills, strong problem-solving abilities, and exceptional writing capabilities. Familiarity with data analysis tools, survey development, and consumer feedback analysis is crucial. Additionally, proficiency in MS365 and strong interpersonal skills are important for effective collaboration with team members and clients.

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Common Interview Questions for Market Research Analyst
Can you describe your experience with qualitative and quantitative research as a Market Research Analyst?

Certainly! When discussing experience with qualitative and quantitative research, be specific about methodologies you've used and outcomes achieved. Highlight your familiarity with survey design and analysis, along with any statistical software like Tableau. Mention a project that illustrates your analytical capabilities and how your findings drove strategic decisions.

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How do you approach developing a customized research plan for a client?

In addressing this question, emphasize a structured approach—start with understanding the client's needs and objectives. Discuss how you conduct preliminary research, engage clients in consultations, and incorporate their insights into creating a tailored research plan. Illustrating a specific example will strengthen your answer.

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What statistical tools and analysis methods have you utilized in your previous roles?

Detail the statistical tools you are proficient in, such as SPSS, R, or Excel, and provide examples of specific analyses you conducted, like regression analysis or factor analysis. Mention how these methodologies helped uncover valuable insights for past clients or projects, and emphasize your ability to communicate results effectively.

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Can you discuss a challenging research project you managed and how you overcame obstacles?

Choose a specific project where you faced notable challenges, whether in data collection or analysis. Discuss the strategies you employed to navigate these challenges, such as team collaboration or employing alternative methodologies. Share the successful outcome and lessons learned that you can apply in future research projects.

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How do you ensure the quality and accuracy of your research findings?

Quality assurance is paramount in research. Discuss your process for verifying data accuracy, including peer reviews and validation methods. Mention how you use multiple sources for data triangulation and the importance of adhering to ethical research standards, ensuring that your findings are reliable and actionable.

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Describe your experience with presenting research findings to clients.

Illustrate how you tailor presentations based on the audience's background and expectations. Discuss any tools you use for visualization and how you break down complex data into digestible insights. It’s also helpful to mention how you've addressed questions or feedback from clients during these sessions.

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How do you keep up with market trends and changes in customer behavior?

Staying up-to-date is crucial for any Market Research Analyst. Discuss specific strategies you use to follow industry news, join relevant webinars, participate in professional groups, or engage in continuous learning. Explain how you apply this knowledge to your research and insights for your clients.

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What role do you think collaboration plays in the research process?

Emphasize that collaboration is essential in creating comprehensive research outputs. Discuss experiences where teamwork improved a project's outcome, whether through brainstorming innovative approaches or gathering diverse perspectives. Lastly, highlight how you value input from strategists and clients in shaping research direction.

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How have you handled tight deadlines in past research projects?

When discussing deadlines, provide examples of specific projects where time constraints were a factor. Explain your strategies for prioritization and time management, such as setting clear milestones and regular check-ins with your team. Emphasizing your ability to deliver quality results under pressure will demonstrate your reliability.

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Why do you want to work as a Market Research Analyst at Prolific?

Respond by aligning your career goals with Prolific's mission and values. Discuss your admiration for their innovative approach to growth strategy and how your skills and experiences uniquely position you to contribute to their vision. Express your enthusiasm for working in a vibrant office culture that prioritizes people and collaboration.

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On-demand, self-service data collection. Prolific helps you recruit high quality research participants to take part in your study, survey or experiment.

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Full-time, hybrid
DATE POSTED
December 8, 2024

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