Skip to content

Ashad777/Nike_Sales_Performance_Optimization

Folders and files

NameName
Last commit message
Last commit date

Latest commit

 

History

4 Commits
 
 
 
 
 
 
 
 

Repository files navigation

📊 Nike Sales Analysis – Boosting Revenue with Data

📌 Project Overview

This Power BI project analyzes Nike's sales data to understand key trends, customer behavior, and product performance. Based on insights from the data, I have provided actionable recommendations to increase sales and profitability.

🔍 Key Findings & Analysis

🛒 1. Sales Trends & Performance

✔ Identified peak sales periods and seasonal fluctuations.
✔ Noticed a sales drop in Q2, indicating possible issues in marketing or product demand.
✔ Sales were highest in urban areas with strong digital engagement.

👥 2. Customer Segmentation

✔ 65% of total sales came from customers aged 18-30.
Repeat customers generated 40% more revenue than first-time buyers.
✔ Female customers preferred lifestyle products, while male customers leaned towards sportswear & running shoes.

👟 3. Product Performance Analysis

Best-selling products: Running shoes & sportswear.
Underperforming products: Some casual wear and accessories.
✔ Discounted products saw higher sales volume but reduced profitability.

🛍 4. Sales Channels & Marketing Insights

Online sales grew 30% faster than physical store sales.
Influencer marketing campaigns increased sales by 25% compared to regular ads.
✔ Stores in metro cities performed significantly better than rural areas.

💰 5. Pricing & Profit Margins

✔ A 5-10% price increase on premium products did not affect demand.
✔ Bundling products (e.g., shoes + socks) led to 15% more purchases per order.
✔ A dynamic pricing strategy could optimize revenue during peak seasons.


🚀 Recommendations to Increase Sales

📈 1. Enhance Digital Presence

  • Invest more in social media ads & influencer partnerships.
  • Launch limited-time online exclusive products to drive urgency.

👟 2. Optimize Product Strategy

  • Expand top-performing product categories (sportswear & running shoes).
  • Reduce production of underperforming items & test new designs.

📍 3. Expand to High-Demand Locations

  • Focus on metro cities with proven high demand.
  • Strengthen e-commerce reach in lower-performing regions.

💡 4. Improve Customer Retention

  • Launch a Nike Loyalty Program with rewards for repeat purchases.
  • Use personalized recommendations & targeted discounts based on customer behavior.

🎯 5. Dynamic Pricing & Promotions

  • Implement AI-driven dynamic pricing based on demand & seasonality.
  • Introduce bundle offers to increase average order value.

📁 Project Files

📌 Nike Sales Analysis.pbix → Power BI Dashboard
📊 Data/ → Raw data files

🚀 How to Use

1️⃣ Download the .pbix file.
2️⃣ Open in Power BI to explore the interactive dashboard.
3️⃣ Use the insights to optimize Nike’s sales & business strategy.


🔗 Connect with Me

👤 Ashad K
📧 ashadakber32@gmail.com
🔗 GitHub
🔗 LinkedIn

About

This project analyzes Nike's sales data using Power BI to uncover trends, optimize revenue, and enhance sales strategies. Key insights include top-selling products, seasonal trends, and customer segmentation, with data-driven recommendations to boost sales performance.

Resources

Stars

Watchers

Forks

Releases

No releases published

Packages

 
 
 

Contributors