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Project Objective:

The objective of this project is to compile an exhaustive annual sales report for the year 2022, elucidating the Departmental Store's performance. This report serves as a strategic tool for the store owner to glean valuable insights into customer behavior and to formulate tailored strategies aimed at enhancing sales performance in the forthcoming year.

Dataset Utilized:

This analysis is grounded in meticulously curated data sourced directly from the Departmental Store, ensuring accuracy and reliability in the evaluation process.

Key Performance Indicators (KPIs):

  1. Visualize and juxtapose sales and order metrics via a comprehensive chart.
  2. Identify the month exhibiting the highest sales and order volumes.
  3. Discern the purchasing preferences between male and female clientele.
  4. Uncover the array of order statuses encountered throughout the year.
  5. Enumerate and evaluate the top 10 states pivotal to the store's sales trajectory.
  6. Investigate the intricate nexus between age demographics and gender preferences.
  7. Determine the primary sales channels instrumental in driving revenue.

Process:

  1. Conduct rigorous data verification to rectify any discrepancies and anomalies.
  2. Uphold data integrity by ensuring uniformity and accuracy in data type, format, and values.
  3. Employ advanced analytical techniques, including pivot tables, to extrapolate meaningful insights.
  4. Consolidate and synthesize pivotal data points into an intuitive and interactive dashboard interface, facilitating dynamic exploration.

Project Insights:

  1. Women constitute a dominant force in purchasing behavior, representing approximately 65% of the customer base.
  2. Maharashtra, Karnataka, and Uttar Pradesh emerge as the frontrunners among states in driving product sales.
  3. The adult age demographic, particularly individuals aged 30-49 years, emerges as the primary contributor, accounting for nearly 50% of sales.
  4. Predominant sales channels such as Amazon, Flipkart, and Myntra serve as the preferred platforms for customer transactions.

Final Conclusion:

To augment sales performance, strategic marketing endeavors should be meticulously tailored to target women aged between 30-49 years, residing in Maharashtra, Karnataka, and Uttar Pradesh. Leveraging the robust promotional capabilities offered by platforms like Amazon, Flipkart, and Myntra can effectively engage this demographic and catalyze sales expansion initiatives.

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