What is a Competitive Intelligence Analyst Job?
A competitive intelligence analyst job is a specialized position that involves collecting and analyzing data about competitors and the market. The goal of this type of job is to help businesses make informed decisions by providing valuable insights into the competition and the market.
What usually do in this position?
A competitive intelligence analyst is responsible for gathering, analyzing, and interpreting data about the competition. They use this information to provide insights and recommendations to help businesses make strategic decisions. This can include analyzing market trends, identifying potential threats and opportunities, and monitoring competitor activities.
Top 5 Skills for Position
- Strong analytical skills
- Excellent communication skills
- Attention to detail
- Strategic thinking
- Ability to work under pressure
How to Become a Competitive Intelligence Analyst?
To become a competitive intelligence analyst, you typically need a bachelor's degree in a related field such as business, marketing, or economics. Some employers may require a master's degree or relevant work experience. In addition, you should have strong analytical and research skills, as well as excellent communication skills.
Average Salary
The average salary for a competitive intelligence analyst in the United States is around $70,000 to $90,000 per year. However, salaries can vary depending on factors such as location, experience, and industry.
Roles and Types
There are several different types of competitive intelligence analyst jobs, including market research analysts, business intelligence analysts, and competitive intelligence managers. Each of these roles focuses on different aspects of competitive intelligence, such as market research or analyzing business data.
Locations with the Most Popular Jobs in the USA
The most popular locations for competitive intelligence analyst jobs in the United States include major cities such as New York, San Francisco, Chicago, and Washington D.C. However, there are also opportunities in smaller cities and towns across the country.
What Are the Typical Tools?
Competitive intelligence analysts use a variety of tools and technologies to gather and analyze data. This can include market research software, data analytics tools, and communication and collaboration software. Some analysts may also use specialized tools such as web scraping tools or social media monitoring platforms.
In Conclusion
A competitive intelligence analyst job can be a rewarding and challenging career path for those with strong analytical skills and a passion for market research. With the right education and experience, you can help businesses make informed decisions and stay ahead of the competition.