Market Analyst Salary in South Africa
Market Analyst positions in South Africa offer attractive compensation packages averaging R60 001 monthly. Salary expectations range from R27 917 to R550 000 monthly, depending on experience and qualifications. This marketing profession benefits from 5% industry growth and maintains high market demand for skilled professionals.
Market Analyst Salary Breakdown
Researches and analyses market trends, consumer behaviour, and competitor activities to provide insights that inform business and marketing strategies. This role involves data collection, statistical analysis, and report generation to identify opportunities and challenges in the South African market.
Salary Component | Amount (Monthly) |
---|---|
Minimum Salary | R27 917 |
Average Salary | R60 001 |
Maximum Salary | R550 000 |
Category | Marketing |
Growth Rate | 5% |
Market Demand | High |
Requirements & Qualifications
Bachelor's Degree in Marketing, Economics, Statistics, Business Science, or a related quantitative field.
Strong analytical and statistical skills for interpreting market data.
Proficiency in market research tools, statistical software (e.g., SPSS, R), and data visualisation tools (e.g., Tableau, Power BI).
Excellent written and verbal communication skills for presenting research findings.
Ability to identify key market trends and consumer insights.
Attention to detail and accuracy in data analysis.
Understanding of South African consumer behaviour and market dynamics.
Problem-solving skills for addressing market challenges.
Related Careers in Marketing
Career Title
Avg Salary
Category
Growth
Demand
Related Careers (10 results)
R35 000
Growth: 5%
Marketing
High
R29 000
Growth: 6%
Marketing
High
R47 778
Growth: 5%
Marketing
High
R42 500
Growth: 5%
Marketing
Medium
R22 500
Growth: 6%
Marketing
High
R21 500
Growth: 7%
Marketing
High
R25 125
Growth: 6%
Marketing
High
R15 250
Growth: 5%
Marketing
High
R25 000
Growth: 7%
Marketing
High
R27 500
Growth: 8%
Marketing
Very High