This data analysis project aims to provide insights into the sales performance of an e-commerce company over the past year. By analyzing various aspects of the sales data, we seek to identify trends, make data-driven recommendations, and gain a deeper understanding of the company's performance.
Sales Data: The primary dataset used for this analysis is the "sales_data.csv" file, containing detailed information about each sale made by the company.
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In the initial data preparation phase, we performed the following tasks:
- Data loading and inspection.
- Handling missing values.
- Data cleaning and formatting.
EDA involved exploring the sales data to answer key questions, such as:
- What is the overall sales trend?
- Which products are top sellers?
- What are the peak sales periods?
Include some interesting code/features worked with
SELECT * FROM table1
WHERE cond = 2;
The analysis results are summarized as follows:
- The company's sales have been steadily increasing over the past year, with a noticeable peak during the holiday season.
- Product Category A is the best-performing category in terms of sales and revenue.
- Customer segments with high lifetime value (LTV) should be targeted for marketing efforts.
Based on the analysis, we recommend the following actions:
- Invest in marketing and promotions during peak sales seasons to maximize revenue.
- Focus on expanding and promoting products in Category A.
- Implement a customer segmentation strategy to target high-LTV customers effectively.
I had to remove all zero values from budget and revenue columns because they would have affected the accuracy of my conclusions from the analysis. There are still a few outliers even after the omissions but even then we can still see that there is a positive correlation between both budget and number of votes with revenue.
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