What Is a MARKET RESEARCH Manager?
Market Research Managers are responsible for creating and improving processes for gathering information on various market conditions, competitors, and consumer trends in their companiesâ€™ industries. They are typically responsible for managing a team of researchers and reporting their findings to the head of the department. Teams across the company then use these findings to help improve products, guide marketing efforts, and more.
As a Market Research Manager, part of your role is to consistently analyze Targetâ€™s position relative to its competitors and report on these findings. As part of this process, you complete a SWOT analysis for each of Targetâ€™s main competitors each quarter. The quarter is coming to a close, and your boss has asked for the latest SWOT analysis for Walmart.