

πΆ Chinook Music Store Analysis πΆ Hey everyone! As a data enthusiast, I recently dove into the fascinating world of music sales data at the Chinook Music Store. π§π Objective: To analyse music record sales data to gain insights, uncover trends and make recommendations for the company's strategy in the physical music market. π Hereβs what I discovered: 1. Sales Trends π: Analysing sales over time, I identified seasonal patterns. The sales in the winter months are high and summers not only problematic humans but also for the revenue of the company. 2. Genre Preferences πΈ: By examining genre-based sales, I found that Rock dominates the charts followed by Pop, Jazz, and Metal. 3. Customer Segmentation π―: Splitting customers into categories (new & loyal), I recognized the flow of revenue. Engaging loyal customers and choosy new ones, both contribute in the growth of the company. 4. Geographical Insights π: Sales vary across countries. USA, Brazil and Canada are the hotspots with USA generating the biggest revenue chunk for the company. π Recommendations: β’ Diversify Inventory: Explore lesser-known genres. Surprise customers with hidden gems. π β’ Personalized Marketing: Target promotions based on customer preferences. π― β’ Promotional Campaigns: Top genres and artists should be advertised extensively in the top revenue generating regions. π β’ Customer Churn Rate: Churn rate should be maintained as low as possible with higher customer retention. π Remember, data isnβt just numbersβitβs the melody of informed decisions. Letβs groove to the rhythm of analytics! ππ #StrategicInsights #MusicAnalytics #BusinessInsights #SQLMagic


