Assignment 1: Retail Marketing Analysis
Brief
You are a data analyst working with 2Market, a global supermarket which sells products online and in-store, to help them understand their customer purchase behaviour.
Problem statement
Previous marketing campaigns generated engagement from a low proportion of registered 2Market customers. This has negatively impacted how soon customers return to make purchases.
Objective
Attract customers to return and make purchases sooner by leveraging data-driven marketing campaigns that offer compelling discounts.
Tools and data
MS Excel, PostgreSQL, Tableau
Project data consisted of 2 .csv files containing > 2200 rows of data. They described customer demographics, purchasing behaviour (spend, discount, recency) and response to campaigns.
Method
- Data was cleaned in Excel, removed outliers, corrected invalid categorical entries and standardised inconsistent date formats across the dataset.
- Imported to PostgreSQL and Tableau, left join on ID field
- All visualisations created in Tableau
Insights
- Relationship identified between social media engagement, deals and recency
- Generally, customers are not leveraging deals via campaigns. Recency is very high
- High recency likely to negatively impact revenue
- Customers in high income bracket very responsive to social media campaigns
- Recency significantly lower for this group
Recommendations
- Increase granularity of product types. Example, create product sub-types to improve ability to identify potential offers
- Phase out deals not linked to social media campaigns
- Reward social media engagement with deals
- Survey customers to address lack of detail in the data
Files
Submitted project files and Facilitator Feedback