Provide invenstors with data visualizaions, using Tableau, that proves that a bicycle ride sharing business in Des Moines, Iowa is a solid business proposal. Existing data from a similar business, the Citi Bike program in New York City, will be utilized to understand how the bike-sharing business actually works. In particular, this analysis will focus on how bike trips (quanity and length) relate to other factors.
Click here to see a live view of the Dashboard.
Below are figures of the visualizations created, followed by a description of what information can be gleaned from each visualizaion.
Figure 1 (Demographics Dashboard)
- Customer Breakdown
- Over 75% of the bike trips are taken by subscribers instead of single pay customers.
- Gender Breakdown
- The majority of the bike trip participants are male.
Figure 2 (Trip Duration by Age)
- Average Trip Duration
- As individuals get younger they consistently take longer trips.
Figure 3 (Checkout Times Dashboard)
- Checkout Times for Users
- Most bike trips last less than an hour.
- The most popular length for bike trips is between 5 and 10 minutes.
- Checkout Times by Gender
- There is little to no difference in how long each gender likes to ride a bike.
Figure 4 (Trips by Weekday per Hour Dashboard)
- Trips by Weekday per Hour
- During the work week, the most popular times to ride a bike are in the morning (6AM-9AM) and in the afternoon (4PM-8PM)
- Otuside of the work week, bike rides are active throughout all daylight hours of the day (7AM-8PM) with Saturday being more popular than Sunday.
- Trips by Gender (Weekday per Hour)
- The distribution of bike rides between male and female is very similar, indicating that there is no preference difference between when either gender rides a bike.
Figure 5 (User Trips by Gender by Weekday)
- User Trips by Gender by Weekday
- There is little to no preference for single pay customers on when a bike ride is taken or what gender takes a bike ride.
- For subscribers, Thursday and Friday are the most popular days to ride a bike.
Based on the data anlyzed the following recommendations can be made:
- The target audience should largely be young male riders.
- The business model should focus on growing subscribers as they ride more often.
- Logistics (availability of bikes, repair frequency, etc.) should revolve around bikes being ridden for less than an hour.
- The business should capitalize on demand outside of typical work hours during the workweek and throughout daylight hours outside of the work week.
In order to make a better informed decision, the following visualizations are suggested for future analysis:
- Map visualization showing where different genders or user types (shown by color) tend to ride bikes and for how long (shown by marker size).
- Line or area visualization showing number of bike rides by birthyear.