Retail Analytics
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Retail analysis for three(3) years between 2016-2019.This is the sales summary.
RetailBiz Store Sales Summary.
Project
Objective: The objective for this data analysis is to assess
RetailBiz store sales/ trade.
Aim:
To create multiple page dashboards that analyze the different aspects of the stores
such as branch insights, product insights, customer insights, sales insights,
sales trend. So as to convey evidence-based problem solving for RetailBiz
store.
Goals:
1. To measure the Revenue, Expenses, Profit and Profit
margin
2. To design an e-commerce background that showcase Revenue,
Expenses, Profit and Profit margin at a glimpse.
3. To present the key performances indicators (Revenue,
Expenses, Profit and Profit margin) in a filter to aid/in other to
demonstrating the KPIs with date ranges, an arrow at right side to enable stakeholders
to navigate to other dashboards.
Methodology: RetailBiz store sales generation was
evaluated, by obtaining the dataset from Excel, power query editor cleaned and
transformed the data, calculation measures was done in power BI using DAX
formula, reporting and presentation in power BI.
Reporting: As indicated in the data analyzed the
sales generation has the following statistics;
1. RetailBiz
store revenue is #29,357,978, Expenses, Profit and Profit margin are #17,277,380, #12,080,598,41%
respectively.
2. An
e-commerce background was created showcasing Revenue, Expenses, Profit
and Profit margin at a glimpse giving stakeholders a clear picture of the
outcome of the sale performances.
3. A
significant profit was made in the first year (1st July 2016 to 29th
July 2017) with a profit of #3,036,750, revenue and expenses of #7,551,968,
#4,515,28 respectively.
4. The
second year (30th July 2017 to 29th July 2018) shows the
revenue generated is 6,131,399, expenses of 3,583,794 and profit of 2,547,605.
5. Meanwhile, in the third year as analyzed 29th July
2018 to July-31-2019, Retailbiz realized their major profit of #6,522,664
with revenue of #15,739,121 while the expenses are #9,215,451.
Recommendation: The
business strategy used in generating high revenue and achieving the most profit
(29th July 2018 to July-31-2019) should be encouraged and applied to get
adequate profit in subsequent business years.
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