Insights into Retail Dynamics is a comprehensive analysis project designed to unlock valuable insights from a detailed retail dataset. This project delves into various facets of the retail company's operations, encompassing sales trends, product dynamics, customer behavior, and geographical influences. By employing advanced analytical techniques and visualization tools, Insights into Retail Dynamics aims to provide actionable recommendations to enhance decision-making processes and optimize the overall performance of the retail business.
- Understand overall sales trends over the months and years.
- Analyze variations in sales, quantity, and profit by order date and year.
- Identify seasonal patterns or trends in order priority.
- Examine the correlation between the discount rate and sales/profit.
- Identify products with the highest sales.
- Understand product distribution across different categories and subcategories.
- Investigate product category contribution to average profit.
- Identify products or categories more sensitive to discounts.
- Recognize repeat customers and evaluate their contribution to sales.
- Analyze the contribution of different customer segments to sales and profit.
- Identify specific products or categories preferred by certain customer segments.
- Calculate the average order quantity and profit per customer.
- Determine countries and states contributing the most to sales.
- Determine markets and regions contributing the most to sales.
- Assess how market and region characteristics influence sales and profit.
- Explore regional variations in order priority or shipping modes.
The Insights into Retail Dynamics project aims to provide actionable insights, enabling the retail company to make informed decisions that drive efficiency, enhance customer satisfaction, and ultimately improve business outcomes.
Project Analyst: Zeinab Elrashied Hassan Mohammed
LinkedIn Profile: www.linkedin.com/in/zeinabelrashied
Email: [[email protected]]
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