Retail Case Study
Retail Case Study
Retail Case Study
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Ideally, a retailer’s customer data reflects the company’s success in reaching and nurturing
its customers. Retailers built reports summarizing customer behavior using metrics such as
conversion rate, average order value, recency of purchase and total amount spent in recent
transactions. These measurements provided general insight into the behavioral tendencies
of customers.
Customer intelligence is the practice of determining and delivering data-driven insights into
past and predicted future customer behavior.To be effective, customer intelligence must
combine raw transactional and behavioral data to generate derived measures.
In a nutshell, for big retail players all over the world, data analytics is applied more these
days at all stages of the retail process – taking track of popular products that are emerging,
doing forecasts of sales and future demand via predictive simulation, optimizing placements
of products and offers through heat-mapping of customers and many others.
DATA AVAILABILITY:
Retail Data.xlsx
o This book has three sheets (Customer, Transaction, Product Heirarchy)
o Customer: Customers information including demographics
o Transaction: Transactions of customers
o Product Heirarchy: Product information (cateogry, sub category etc...)
BUSINESS PROBLEM:
A Retail store is required to analyze the day-to-day transactions and keep a track of its customers
spread across various locations along with their purchases/returns across various categories.
Create a report and display the below calculated metrics, reports and inferences.
1. Merge the datasets Customers, Product Hierarchy and Transactions as Customer_Final. Ensure to
keep all customers who have done transactions with us and select the join type accordingly.
b. Top/Bottom 10 observations
3. Generate histograms for all continuous variables and frequency bars for categorical variables.
5. Analyze which product categories are more popular among females vs male customers.
6. Which City code has the maximum customers and what was the percentage of customers from
that city?
7. Which store type sells the maximum products by value and by quantity?
8. What was the total amount earned from the "Electronics" and "Clothing" categories from
Flagship Stores?
9. What was the total amount earned from "Male" customers under the "Electronics" category?
10. How many customers have more than 10 unique transactions, after removing all transactions
which have any negative amounts?
a. What was the total amount spent for “Electronics” and “Books” product categories?
b. What was the total amount spent by these customers between 1st Jan, 2014 to 1st Mar, 2014?