Completed comprehensive analysis on Mariana Mall Enterprise, sales performance to unveil actionable insights across top products, regions, retailers, and sales methods from 2022-2023. mission: exploit these findings for strategic optimization, revenue amplification, and overall business excellence. The goal is to boost Mariana Mall to a whole new height. Findings- Top Performers: * "Just Her" reigns as our bestseller, raking in $3.7M, especially popular in the West. * East dominates with $3.2M in sales, led by Back2shape Essentials. Top selling Retailer: * Kudos to Back2shape Essentials, top-performing retailer, contributing $3.16M to our revenue. Sales Highlights: * Instore Sales lead, making $5.2M in revenue. * Witnessed a robust 79% sales surge from $5.2M (2022) to $9.3M (2023). Regional Analysis: * Target East and West regions for strategic marketing efforts. * Explore expansion opportunities for Back2shape Essentials in untapped regions. Strategic Recommendations- Product Promotions: * Launch targeted campaigns for "Just Her." * Collaborate with Back2shape Essentials for exclusive offers. Retail Expansion: * Explore new regions for Back2shape Essentials. * Incentivize expansion into high-potential areas. Diversification: * Introduce new products to attract diverse customers. * Research emerging trends for product mix adjustments. Market Optimization: * Allocate resources to high-performing regions. * Replicate successful West strategies in other areas. Marketing Enhancement: * Strengthen marketing for Jabary Needles, addressing East region challenges. Align campaigns with local preferences. Sales Methods Optimization: * Enhance online and tech-driven sales methods. * Introduce loyalty programs for diversified channels. Trend Monitoring: * Stay agile with continuous sales trend monitoring. * Utilize data analytics for customer behavior insights. Investment in Enugu: * Allocate additional resources to Enugu. * Collaborate closely with Enugu retailers for tailored strategies. Customer Engagement: * Introduce loyalty programs and customer feedback mechanisms. * Encourage repeat business with incentives and exclusive deals. Continuous Evaluation: * Establish a robust monitoring system for ongoing success tracking. * Regularly review sales data, feedback, and market trends. leveraging these insights to elevate Mariana Mall's success will also be posting a video of dashboard slicing through. #retailanalytics #SalesOptimization #businessgrowth #dataanalytics
This is really amazing
Data Analytics Coach | Course Creator | Lead Instructor at SkillAhead Data Academy | Empowering Data Analysts for Success
5moWell done madam