Question

Topic: Research/Metrics

Market Research Interview Prep

Posted by Anonymous on 125 Points
I've applied to numerous market research jobs recently, and I'd like to start prepping for interviews - that way, by the time I actually get some callbacks, I'll be prepared and won't have to "cram" last minute. So, I come to you guys, asking for a list of tips, interview questions, resources, and anything else that'd help one prepare for a market research interview.
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RESPONSES

  • Posted by koen.h.pauwels on Accepted
  • Posted by mgoodman on Accepted
    The preparation should begin by researching the company with which you'll be interviewing. You want to know everything possible about them BEFORE you set foot in their offices.

    You don't want to ask questions to which you could have found the answers on their website, and you do want to demonstrate how thoroughly you've prepped for the interview and how interested you are in the company.

    Then figure out how you'd answer this question, if asked: "If we made you an offer right now with a competitive salary, what would keep you from saying 'yes' immediately?"

    Your answer to that question will lead you directly to the questions you should be focused on answering in the interview.

    It will probably be different for each company, so it's really important that you do the in-depth research on each company first.
  • Posted by mgoodman on Moderator
    P.S. When I hear that you've "applied to numerous market research jobs," a red flag goes up. WHY would you apply to NUMEROUS jobs? Have you not taken the time to figure out which one is right for you? Surely they can't all be right for you, so why are you wasting your time (and the companies' time) on the ones that are obviously not right?

    Do some research BEFORE you spend time applying and just apply to those companies where you bring real value and where you really want to work.
  • Posted by johnwhitepaper on Accepted
    Once you've gotten an interview, you should research the company - not just the interviewer - on LinkedIn.

    If it has a blog, you should subscribe. You can refer to it in passing in the iview, but be armed with info about how the firm thinks.

    The most important question you should be prepared to answer is, "What can you do for me?" Remember: nobody cares about you. They care about their business problems and whether they can trust you to solve them.
  • Posted by Gary Bloomer on Accepted
  • Posted by Gary Bloomer on Member
    Dear pokeronomist,

    Hello again. Merry Christmas.

    When it comes to interview preparation, my stand by,
    my Bible ... is a tiny book by Max Eggert.

    It's cheap; it's slim; it's an easy read, but it's a GOLD
    MINE of useful information about what to wear, how to
    sit, what questions you'll be asked, what questions you
    ought to ask, and how to prepare for THE interview.

    You'll find it here: https://amzn.to/hWzr9T If you read this book (and do so at least twice) and if you then take action on what you've learned you will be 99 percent ahead of every other candidate applying for the same position.

    And if you pair the book above with THIS book, Eggert's other book "The Perfect Resume", you will be even better equipped for success.

    And heed Michael's advice about researching THE job, not EVERY job. Everyone ELSE is applying for EVERY job, you need to focus on THE job, the one that's right for you.

    To this end, this might help as well: https://amzn.to/hErAaT

    To GET the interview you want you must write an attention gaining cover letter and an attention getting résumé. Sounds simple, doesn't it? But my oh my, how often people screw this up

    The purpose of your cover letter is to get the recruiter to
    read your résumé. Once the letter has done that, it's done
    its job.

    The purpose of your résumé is to get you an interview.
    Sadly, most people SCREW UP both parts of this process!

    The harried recruiter has HUNDREDS of applications to
    process and those applications will go into one of three piles:

    Pile "A" is the YES pile (shortlisted for interview).
    Pile "B" is the MAYBE pile (stand bys).
    Pile "C" is the NO pile (bound for the shredder).

    Your application MUST be chosen for the YES pile.

    At best, each application will receive 30 to 60 SECONDS
    of consideration, if that and THIS is where the two books outlined above will help you. I've used both these books
    and they work.

    If there's ANY help I can offer off forum, please let me know.
    Having just spent TEN MONTHS searching for a job (and having just been offered one), I sympathize with you,
    truly I do.

    My offer stands. Need help? Just ask. Merry Christmas.
    I hope this helps you. Good luck to you!

    Gary Bloomer
    The Direct Response Marketing Guy™
    Wilmington, DE, USA
  • Posted by mgoodman on Moderator
    If you have not read The Potato Chip Difference yet, you need to do that. The subtitle is "How to apply leading edge marketing strategies to landing the job you want."

    I am getting the sense that you're going about this all wrong, and you'll be back in the job market again very soon, if that's the case.

    https://bit.ly/9Zq3jh or any major bookseller in the United States.
  • Posted on Author
    Thanks mgoodman, that sounds like a great book. Why do you think I'm going about this all wrong? I applied to like 15 - 20 market research firms for an entry-level analyst position. I'm just trying to get my foot in the door, and market research sounds rewarding; not to mention, it seems like a career that I'm well positioned for (given my academic background). Who knows, maybe I'll even want to do market research for life. The point is, you often don't know exactly what you want to do until you try it. I have honestly given a lot of thought to it too, so it's not like I'm just going in blind.
  • Posted by mgoodman on Moderator
    You're going about it wrong because you sent applications to 15-20 market research firms at the same time. I'm guessing you didn't research each one of them first, so that you could tailor your resume and cover letter to each one. You probably created a "generic" resume and sent it to everyone -- hoping someone wants a "generic" entry-level employee.

    The way to get the job you want is to define it FIRST, and then create a marketing plan to get it. That includes thorough research of the prospective company FIRST, and then a single-minded focus on demonstrating why you are the perfect solution to their biggest problem.

    When you apply to 15-20 companies, you can't possibly have done enough of the right kind of up-front research on each one that you need to do if you want them to notice you and understand why you're different from, and better than, all the other applicants they're considering.
  • Posted on Author
    mgoodman,

    Do you have any more advice about how to do that specifically? I totally agree with you, that ideally I'd tailor my resume to each company. The fact of the matter is though, I just graduated from school, and honestly don't have much stuff to put on my resume in general. In other words, it's hard not to have a somewhat generic resume, because even my unedited resume probably wouldn't exceed one page. Do you have any advice for someone like me, without much experience (and let alone unique experience), about how to tailor a resume for each position/company?
  • Posted by mgoodman on Moderator
    Yes. The advice is spelled out in The Potato Chip Difference.

    In a nutshell, first be clear in your own mind what you want ... right down to the name of the company that is best for you. Then use proven marketing strategies to communicate your positioning to the person at that company who will make the hiring decision.

    It's all about making sure you can deliver what the company needs and then letting them know why you're the right choice for them. It is NOT about begging for a job.

    As for the length of your resume, one page is fine, as long as it is clear about why you are the right person for the target company. What did you do while you were in school (besides studying and partying)? Were you involved in extracurricular activities? What did you learn from them that might be valuable for the prospective employer? Did you hold a job during summer break? If so, what did you learn from that? Etc.
  • Posted by mgoodman on Moderator
    Another thought: If you have no good reason why your target company should want you, and you're really sure the job is the one you want, then figure out what you would need to have done in order to be attractive for them. Go do that for a few years -- even as a volunteer or an unpaid intern -- and THEN go after your perfect job with the right company.

    It's almost like reverse engineering your career. Start with the end in mind and then write the script that will get you there. It's going to be a lot more effective than begging for jobs at 15-20 companies.

    * * * * *

    Another thought: If all 15 companies were to make you comparable offers, which one would you accept? How would you make that decision?

    When you have your answer, do the research on THAT company and land the job there. Forget the others. They obviously weren't your first choice, and there isn't much reason to compromise your goal (and career) by working for a second-choice company.

    It's more about your attitude toward the job search than about the mechanics. You're in begging mode, not thinking about why a company might want you.
  • Posted on Author
    mgoodman,

    Thanks again for the advice; I feel like I'm learning a lot. I am still left with a few questions/comments, that I'm hoping you can address.

    1. How exactly do I go about finding these companies that are a perfect fit for me?

    2. I kind of feel like I need to get some work experience before I can land a job at my dream company(s). I honestly don't think I'm good enough on paper to land the really competitive jobs immediately. Not to be cocky, but I truly believe I'm as smart and talented as the people who work at these firms, so I feel like I have to prove myself. The way I intend to prove myself, is to get a decent entry-level job, and bust my butt at the job, as well as do things on the side to learn and set me apart (network, start a small online business, etc). Do you still think I'm misguided with this strategy?
  • Posted on Accepted
    hello pokeronomist,

    when i landed my first job in MR, i unfortunately didn't have the time nor inclination (latter more pronounced!) to do any of what michael has been suggesting (some really good points, btw!)

    i essentially obtained my first break--14 years ago-- through networking. i made a list of the top 30 agencies through a variety of sources...followed this by emailing the HR contact listed on the websites....waited a couple of weeks before calling in....i was focused on where (as in location) i wanted to be in....so, honestly, i controlled the parameters that were important to me at that point of time before applying, rather than company repute....eventually i did receive some responses, and then for more information....did some of the 'digging' that's been vividly described by michael...so i let 'chance' rather than precision targeting dictate my FIRST career offer...finally after being short-listed by 3 agencies, i contacted alumni who had either worked or were working in those agencies...before accepting an offer...as far as the 'interview' questions are concerned...if you are naturally curious, good with numbers and have an interest in consumer behavior...then it shouldn't be a problem...at any rate the first couple of years you'll be undertaking a crash course in project & logisitic management, before you actually enter the realm of CB and actual market research...so be wary of that....

    hope this helps you make some headway into your search....

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