What is a Category Analyst Job?
Category Analyst Jobs are an essential part of the retail industry. They are responsible for analyzing data and identifying trends to help companies make strategic decisions about product assortment, pricing, and promotions. The data they analyze includes sales, consumer behavior, and market trends. Essentially, they help companies understand what products to sell, how much to sell them for, and how to market them effectively to increase sales.
What Do Category Analysts Usually Do in This Position?
Category Analysts spend most of their time analyzing data to help inform business decisions. They work closely with other teams such as marketing, sales, and product development to provide insights and create strategies. They also use data visualization tools to present their findings in a clear and concise manner. Additionally, Category Analysts may be responsible for monitoring competitors and conducting market research to stay up to date on the latest trends.
Top 5 Skills for the Position
- Data Analysis
- Attention to Detail
- Communication
- Problem Solving
- Business Acumen
How to Become a Category Analyst Specialist
To become a Category Analyst Specialist, you will need a bachelor's degree in business, statistics, or a related field. Additionally, experience with data analytics, market research, and retail operations is highly valued. Many companies also prefer candidates with experience using data visualization tools such as Tableau or Excel.
Average Salary
According to Glassdoor, the average salary for a Category Analyst is $70,000 per year. This can vary depending on the company, location, and level of experience.
Roles and Types
Category Analyst Jobs can be found in a variety of industries, including retail, consumer packaged goods, and e-commerce. Within these industries, there are different types of Category Analyst roles such as Pricing Analyst, Assortment Analyst, and Promotion Analyst. Each role focuses on a specific aspect of the product life cycle and requires different skills and expertise.
Locations with the Most Popular Jobs in the USA
Category Analyst Jobs can be found in many locations throughout the United States. However, some of the most popular locations for these jobs include New York, Chicago, Atlanta, Los Angeles, and Dallas.
What Are the Typical Tools?
Category Analysts use a variety of tools to analyze data and create reports. Some of the most common tools include Microsoft Excel, Tableau, SQL, and Google Analytics. These tools allow analysts to manipulate and visualize data to provide insights and inform decision-making.
In Conclusion
Category Analyst Jobs are an important part of the retail industry. They help companies make informed decisions about product assortment, pricing, and promotions by analyzing data and identifying trends. To become a Category Analyst Specialist, you will need a bachelor's degree in a related field and experience with data analytics and market research. The average salary for a Category Analyst is $70,000 per year, and the job can be found in many locations throughout the United States. Category Analysts use a variety of tools to analyze data and create reports, including Microsoft Excel, Tableau, SQL, and Google Analytics.