From a41e9ec556edeeb546cd73c647a67e3e30f44013 Mon Sep 17 00:00:00 2001 From: Honey Sam <105299685+Honey28Git@users.noreply.github.com> Date: Sat, 7 Sep 2024 22:23:55 +0530 Subject: [PATCH] Update README.md --- README.md | 6 +++--- 1 file changed, 3 insertions(+), 3 deletions(-) diff --git a/README.md b/README.md index d3a0cc8..e8a7d4c 100644 --- a/README.md +++ b/README.md @@ -1,7 +1,7 @@ This data analysis is based on a dataset sourced from the UCI archives. I categorized the products sold into various groups and conducted detailed analyses, including RFM Analysis, Cohort Analysis, and Sales Forecasting. Below are the key findings: ---Basic Analysis: +-- Basic Analysis: Total Revenue (Dec 2010 - Dec 2011): $8,278,519 Average Order Value (AOV): $392,732 Top Selling Product: PAPER CRAFT, LITTLE BIRDIE from the stationery category @@ -35,14 +35,14 @@ Key Insights: Customer Distribution: 59% are medium-risk, 39% are low-risk, and 2% are high-risk. Action Plan: Re-engage high-risk customers, focus on retaining medium-risk customers, and reward low-risk customers. - --Cohort Analysis: + -- Cohort Analysis: Dec 2010 Cohort: Started with 28,013, dropping to 3,537 by month 13. Retention fluctuated but ended at 16%. Jan 2011 Cohort: Began with 12,050, dropping sharply after a peak at 120%. Feb-May 2011 Cohorts: Show smaller counts with varying retention rates, peaking at 183% (May) before declining. Late 2011 Cohorts: Smaller sizes, with sharp declines in retention. Observation: Early cohorts show better retention, while later cohorts see sharp drops, indicating a need for improved retention strategies. ---Revenue and Forecast: +-- Revenue and Forecast: 2011 Actual Revenue: Peaks in September, October, and November with significant fluctuations. 2012 Forecast: Linear: Steady increase from $382K in January to $998K in December.