3 Jobs in Somerset, NJ
Labvantage Solutions Inc is Hiring a Remote Competitor Analyst
Job Description Objective
Primary Job Objectives
- Conduct in-depth research on competitors, collecting information on their products, services, pricing, market share, financial performance, strategies, strengths, and weaknesses.
- Analyze market trends, customer behavior, and emerging opportunities to understand the competitive landscape within the industry.
- Create detailed profiles of competitors, identifying their unique selling propositions, target markets, and marketing strategies.
- Perform SWOT (Strengths, Weaknesses, Opportunities, and Threats) analyses to assess the strengths and weaknesses of competitors and identify potential opportunities and threats.
- Compare the performance and key metrics of the company with those of its competitors to identify areas where improvements are needed.
- Determine the market share of each competitor to assess their relative market presence and identify potential market share growth opportunities.
- Evaluate the features, quality, and pricing of competitors' products and services compared to the company's offerings.
- Stay informed about emerging technologies, regulations, and industry trends that could impact the competitive landscape.
- Present findings and insights to relevant stakeholders.
Job Qualifications Necessary
- Must have at least a Bachelor's degree in a relevant field such as marketing, business, economics, statistics, or a related field.
- 2-3 years of experience in performing competitor analysis or product management.
- Previous experience working with, or knowledge of LIMS software and laboratory workflows is highly recommended.
- A good understanding of the LIMS markets and industries it serves.
- Strong research methodologies.
- Familiarity with tools and software used for competitive intelligence, data collection, and analysis is a plus.
- Strong working knowledge of Microsoft Excel and Microsoft Office suite.
- Ability to write and clearly communicate research findings and developed strategic recommendations.
- Strong analytical skills to interpret and draw meaningful conclusions from data and information.
- Adherence to ethical standards when collecting and using competitive intelligence.
- Team player – focused on collaborative working.
- Interest in working with/across a global team.
Job Summary
Full Time
Wholesale
$65k-80k (estimate)
12/02/2023
05/13/2024
labvantage.com
RANSOM TOWNSHIP, PA
200 - 500
1989
Private
$50M - $200M
Wholesale
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About Labvantage Solutions Inc
LabVantage is a New Jersey-based SaaS platform that provides cloud hosting, digital transformation and laboratory management solutions for the pharmaceutical sector.
The job skills required for Competitor Analyst include Insight, Data Collection, Economics, Microsoft Office, Analytical Skills, etc. Having related job skills and expertise will give you an advantage when applying to be a Competitor Analyst. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Competitor Analyst. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Competitor Analyst positions, which can be used as a reference in future career path planning. As a Competitor Analyst, it can be promoted into senior positions as a Market Research Analyst II that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Competitor Analyst. You can explore the career advancement for a Competitor Analyst below and select your interested title to get hiring information.
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