Main problem: Broaden company's market share in sale performance on best customer Sub problem:
- Customer segmentation and profiling:
- Warning sign of Problem?
- Best customers across product line(sub cat, cate)? Chose customers to have a long-term relationship?
- Customer's issues? segment through many aspect
- Sale trend in product and growth rate?
- Sale trend to chose potential region lean on time series? Hourly, Daily, Weekly, Monthly, Quaterly, Yearly
Dataset: adventureworks2019 (public Google BigQuery dataset)
Dataset dictionary: Please reach file "Data Dictionary" attached above
Dataset Schema: https://i0.wp.com/improveandrepeat.com/wp-content/uploads/2018/12/AdvWorksOLTPSchemaVisio.png?ssl=1
Dataset access:
- Log in to your Google Cloud Platform account and create a new project.
- Navigate to the BigQuery console and select your newly created project.
- In the navigation panel, select "Add Data" and then "Star a project by name".
- Enter the project name "adventurework2019"
1. Empathize
2. Define point of view
3. Ideate
4&5. Prototype and review
- A profit margin of 40% is a good profitability indicator for this sales sector.
- The United States currently has the largest sales volume, accounting for 60% of the total market capacity, and also has half of the total number of stores. The countries' contributions to sales are quite proportional to the number of stores they have.
- Online sales yield better profits.
- Bikes are the best-selling category, contributing 80% of the total profit, and the United States is the country that uses bikes the most, accounting for nearly 45% of the total sales volume.
- The United States: The number one country in terms of consumption, quantity, and customers. However, in terms of profit per person, the European market generates three times the profit of the United States.
- The Bikes category has the largest inventory value of 24M (70%), nearly 4 times higher than the Components industry (9M).
- The European market yields the highest profit, but the shipping costs are excessively high.
- The ability to distribute and produce products needs to be maintained.
- Strengthen the online sales channel.
- Enhance marketing, increase the number of stores, and run robust promotional campaigns to attract more customers.
- This cost needs to be reduced because it will increase revenue and attract more customers.