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Bike Shop Business Analysis

Telco Customer Churn

Analyzing a Bike shop's data and proposing Analytical Business Solutions

Introduction 📋

In this project, we are using a bike shop dataset from Kaggle that contains 6 years of data. The main objectives are to clean the data, perform exploratory analysis to understand the business and uncover key insights, and then propose analytical business solutions, including two interactive dashboards and one custom app. This will help the bike shop make better-informed decisions and improve overall business performance.

Problem Statement

The bike shop is unsure how to utilize the data collected over the past few years and seeks a way to easily access and understand it.

Deliverables

  • Conduct Exploratory Data Analysis (EDA): Uncover key insights from the data.
  • Create Two Interactive Dashboards: Provide real-time data visualization.
  • Develop a Custom App: Facilitate ongoing data monitoring and decision support.

Goal

Act as business analyst consultants to analyze the data and propose solutions for better business understanding and data-driven decision-making. The aim is to enhance the bike shop's ability to make informed decisions and improve overall business performance.

Dataset 💾

Source Size
Kaggle: Bike Sales in Europe +110K Rows / 18 Columns

Columns:

  • Date: The date of the sale.
  • Day: The day of the month when the sale occurred.
  • Month: The month when the sale occurred.
  • Year: The year when the sale occurred.
  • Customer_Age: Age of the customer.
  • Age_Group: Age group classification of the customer.
  • Customer_Gender: Gender of the customer.
  • Country: Country where the sale took place.
  • State: State where the sale took place.
  • Product_Category: Category of the product sold.
  • Sub_Category: Sub-category of the product sold.
  • Product: Specific product sold.
  • Order_Quantity: Number of units ordered.
  • Unit_Cost: Cost per unit of the product.
  • Unit_Price: Selling price per unit of the product.
  • Profit: Profit from the sale.
  • Cost: Total cost of the sale.
  • Revenue: Total revenue from the sale.

Exploratory Data Analysis 🔬

Product Categories Sold in the Bike Shop:

  • 🚴‍♂️ Bikes (Road, Mountain, Touring)
  • ⚙️ Accessories (Tubes, Tires, Helmets, Bike Racks, Bottles, etc.)
  • 👕 Clothing (Shorts, Vests, Caps, Gloves, Jerseys, etc.)

Revenue stream distribution by product category:

Screenshot 2024-09-19 at 15:04:40 Screenshot 2024-09-19 at 15:04:40

Sales Insights Over Time:

Screenshot 2024-09-19 at 15:04:40

Customer Insighst (Age & Location):

Screenshot 2024-09-19 at 15:04:40

Exploratory Key Takeaways 🔎

Product Insights
  • 70% of revenue comes from bike sales.
  • Road bikes account for 54% of bike revenue.
Sales Performance
  • Total Revenue (2011-2016): $84.8M.
  • Compound Annual Growth Rate (CAGR): 13.2%, showing strong growth.
Customer Insights
  • Peak Sales: June & December (pre-summer, holiday demand).
  • Lowest Sales: July.
  • Top Export Markets: U.S., Australia, UK, Germany, France.

Interactive Dashboards Proposal 📊

Sales Insights Dashboard (Looker link)

Screenshot 2024-09-19 at 15:04:40

Customer Insights Dashboard (Tableau link)

Screenshot 2024-09-19 at 15:04:40

About

Analyzing a bike shop's data by building two interactive dashboards and one Streamlit app.

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