Product Analyst

5 - 7 years

12 - 17 Lacs

Posted:1 day ago| Platform: Naukri logo

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Work Mode

Hybrid

Job Type

Full Time

Job Description

In this role, Product Analyst plays a crucial role in product development by gathering and analyzing data to inform product strategy and improve customer satisfaction.

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Key Responsibilities

  1. Data Analysis

    : Product Analysts gather and analyze data from various sources to extract actionable insights. They use statistical techniques and data visualization tools to interpret trends and patterns, identifying opportunities for product improvements.
  2. Market Research

    : Conducting market research is essential for understanding industry trends, customer needs, and the competitive landscape. Product Analysts analyze market data and customer feedback to identify market opportunities and inform product strategy.
  3. Product Performance Evaluation

    : They monitor key product metrics and performance indicators, conducting regular evaluations to assess product performance against goals and benchmarks. This includes tracking user engagement and identifying areas for optimization.
  4. Collaboration with Cross-Functional Teams

    : Product Analysts work closely with product managers, engineers, designers, and marketing teams to ensure that product development aligns with customer needs and business objectives. Effective communication is crucial for presenting data-driven insights and recommendations.
  5. Creating Reports and Presentations

    : They are responsible for creating detailed reports and presentations that communicate findings and recommendations to stakeholders. This often involves using charts, graphs, and other visuals to represent data clearly.
  6. Participating in Product Development Lifecycle

    : Product Analysts are involved in the product development lifecycle from concept to launch, ensuring that user feedback and data insights are integrated into product decisions.

Skills Required

  • Analytical Skills

    : Ability to interpret complex data and identify trends is essential for making informed product decisions.
  • Technical Proficiency

    : Familiarity with data analysis tools such as SQL, R, Python, or Tableau is often required.
  • Communication Skills

    : Strong presentation and communication skills are necessary to convey insights effectively to various stakeholders.
  • Problemsolving Skills

    : Product Analysts must be able to identify issues and recommend solutions based on data analysis.

Qualifications we seek in you!

Minimum qualifications

  • Bachelors degree in business information systems (IS), computer science or related field, or equivalent-related IT experience

Preferred Skills:

  • Experience in SaaS platforms or the home/field service industries.
  • Knowledge of payments processing systems and security best practices
  • Exposure to legacy modernization projects and domain-driven design.
  • Excellent verbal and written communication skills.

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