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Task 4 - Communicating Insights and Analysis

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rvinodgoud0807
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17 views

Task 4 - Communicating Insights and Analysis

Uploaded by

rvinodgoud0807
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Good Afternoon,

I'm Reddygone Vinodgoud, and I'm eager to share some information with you regarding
your company. I appreciate you giving me the leading questions. Seeing the sorts of insights, you
expect to derive from the data was useful. I really believe you will find the analysis convincing
and useful as you decide how to proceed with your next business prospects.

I want to start by assuring you that I have given the most accurate and current analysis. I
cleaned up any records with negative quantities and unit prices after loading the data into my
software, since it was necessary to do so in order to give useful analysis.

1st

Regarding your first query, the CEO has asked for a revenue trend to determine whether retail
sales are seasonal. According to the data, there are several months of the year that have significant
development. According to the statistics, the first eight months of sales from January to August
were very stable, with an average of $685K (Six hundred eighty-five thousand US dollars) in
revenue per month. The increase in revenue begins in September, when it grows by 40% over the
previous month. This pattern persisted up until November, when it rose to 1.5 million US dollars,
the largest amount of the whole year. Unfortunately, since the data for December is insufficient,
no inferences can be made from it. This research demonstrates how seasonality—which generally
happens in the last four months of the year—affects retail store sales.

2nd

The top 10 countries with the most potential for growth are represented in the second graph.
Since the UK already has a large demand and I understand you are more interested in nations
where demand may be boosted, the UK is not included in these statistics. According to the data,
sales of units and income are quite high in nations like the Netherlands, Ireland, Germany, and
France. To guarantee that steps are taken to further seize these markets, I would propose
concentrating on these nations.

3rd

The top 10 consumers who have made the most purchases from the business have been the
subject of the third study. According to the statistics, there are not many differences between the
top 10 consumer purchases. The fact that the highest revenue-producing consumer only spent 17%
more than the second highest demonstrates that the company does not rely solely on a small
number of consumers to generate income. This demonstrates that consumers' ability to negotiate
is limited and that the state of business is positive.

4th

The map chart concludes by comparing the places that have produced the greatest revenue
to those that have not. Apart from the UK, it is clear that nations like the Netherlands, Ireland,
Germany, France, and Australia generate large profits, and the company should invest more in
these nations to boost product demand. The map also reveals that the majority of sales occur only
in the European zone, with only a small number in the American region. Along with Russia, there
is no market for the items in Africa or Asia. Sales revenues and profitability might increase with
the implementation of a fresh strategy focused on these areas.

I much appreciate your time. After you've had a chance to process this material, if you have
any questions about the analysis or would want to see anything additional, I would be glad to create
it for you.

Thank You

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