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budget-sales-analysis's Introduction

Budget-Sales-Analysis

Objective ๐ŸŽฏ

The goal of this project is to analysis the sales budget data, extract necessary information about Products and Customers based on a combination of features and make a dashboard to review the performance of the company.

Problem statement ๐Ÿ“œ

  • Do ETL : Extract-Transform-Load dataset
  • Perform EDA through python
  • Extract various information such as Sales, budget, variance
  • Extract necessary information about Products and Customers
  • Make necessary dashboard
  • Find key metrics and factors and show the meaningful relationships between attributes

Technology ๏ฟฝ

Business Intelligence

Domain ๐Ÿ›’

Retail & Sales

Conclusion ๐Ÿ’ก

  • A sizable portion of the clientele is made up of people between the ages of 40 and 59
  • The year 2016 saw an exponential surge in sales
  • High quantity of products is ordered from Australia and United States
  • Major Profit is contributed by the Bike Category
  • The average order has a gap of 7 days between the day the order is ready for export from the factory and the date it was shipped
  • Maximum profit earned in the months of June, November, and December
  • High sales orders are seen on Wednesday and Saturday, when compared to other weekdays
  • There is a high negative correlation between Price and number of Quantity ordered
  • The average amount spent by men without permanent addresses is low, whilst the average amount spent by women without permanent addresses is higher
  • Age range of 40-49 and 50-59 is shows high demand compared to other age group
  • High salary range leads to increase in revenue
  • Customers with a high school diploma and modest annual income buy more products than people with bachelor's degrees
  • According to the customer segmentation described above, approximately 15% of our clients are high value clients, whereas the majority of our clientele are low value and lost clients
  • Client retention in 2014 was subpar
  • 2016 brought about a slight improvement in retention

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