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Business Analytics Project Insights

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0% found this document useful (0 votes)
9 views8 pages

Business Analytics Project Insights

Uploaded by

ruturaj134.rj
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Name Of Student: Ruturaj Shriram Joshi

Roll No: 41
Div: A
Business Analytics Mini Project
Name of Guide: Mrs. Yogita Kadbane
Name of College: Sinhgad Institute Of
Management, Pune
Title: Practical Data Analysis for Business Decision Making

Data Set:
The data set contains multiple products like Headphones,
Keyboard, Laptop, Monitor, Mouse, Phone and Tablet. The
regions of the selling markets include central, north, south, east
and west. The data set contains information like date of
transaction, region, product, quantity, discount, sales and profit.

Business Problem:
The sales in some regions are higher than the other regions but the
profit is almost the same

Business Questions
1. Which region generates the highest revenue and profit?
2. Which products contribute the most to overall sales and profit?
3. How do discounts impact sales volume and profit margin?
4. Which region-product combinations are most profitable?
Data Analysis:

Region Central
Total Quantity Sold 495
Mean Discount 0.150625
Total Sales 16282803.45
Total Profit 1736863.68
Mean Profit 36184.65999

Region East
Total Quantity Sold 437
Mean Discount 0.128837209
Total Sales 16538998.88
Total Profit 1764191.685
Mean Profit 41027.7136

Region North

Total Quantity Sold 496

Mean Discount 0.162692308

Total Sales 18482203.87

Total Profit 1971470.62

Mean Profit 37912.89655


Region South

Total Quantity Sold 517

Mean Discount 0.14962963

Total Sales 18830688.81

Total Profit 2008643.018

Mean Profit 37197.09292

Region West

Total Quantity Sold 483

Mean Discount 0.157358491

Total Sales 16374382.79

Total Profit 1746632.319

Mean Profit 32955.32677


Chart Title
20000000
18000000
16000000
14000000
12000000
10000000
8000000
6000000
4000000
2000000
0
Central East North South West

Total Sales Total Profit

Analysis: From the above chart it can be observed that the sales value
differs from every region but the profit margins are same throughout every
region. Sales from south region is the highest as compared to other regions
and central region has the lowest sales.
Discount
9
8
7
6
5
4
3
2
1
0
Central East North South West

Analysis: From the above graph it is observed that the discounts


differ from every region which may impact the profits in the
respective regions. North regions have the highest discount and
the east region have the lowest discounts
Results:
The central region contains Profit of 17,36,863 from the sales of
1,62,82,803 which makes 10%. East region makes a profit of
17,64,191 from the sales of 1,65,38,998 which makes a profit of
10.67% which is almost the same as the central region. North
region makes profit of 19,71,470 from selling amount of
1,84,82,203 which is also the same as east region 10.67%. South
region earned the profit of 20,08,643 from selling amount of
1,88,30,688 which makes 10.67%. West region has earned profit
of 17,46,632 out of 1,63,74,382 which is the same as other all
regions. We can observe that the value of sales is different in all
regions and also the profit is different in various regions. Though
sales and profit differ from each other in every region, the profit
percentage does not change with region. This indicates that every
region has made equal amount of profit margin and an adequate
amount of sales. Also, the profit margins are affected by the
discount rates in the respective regions with which we can
understand the reason why the regions having different sales have
the same profit margins. The total discount for North region has
the highest discount of 8.46% and the South region has 8.08%
discount and West region has 8.34% discount and these are the
areas with highest sales and though they have the same profit
percentage.

Recommendations:
1. Improve strategy as per the region
2. Make changes in discount
3. Increase marketing for low performing products
4. Do seasonal promotions and inventory planning

Reference:
1. Excel
2. Power BI

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