O slideshow foi denunciado.
Seu SlideShare está sendo baixado. ×

Capston Project: A case study to convert temporary customers into permanent customers.pptx

Anúncio
Anúncio
Anúncio
Anúncio
Anúncio
Anúncio
Anúncio
Anúncio
Anúncio
Anúncio
Anúncio
Anúncio
Carregando em…3
×

Confira estes a seguir

1 de 16 Anúncio

Capston Project: A case study to convert temporary customers into permanent customers.pptx

Baixar para ler offline

I have completed this project to complete the final step of the google analytics program which is a capston project. This case study is about a fictional company called Cyclistic which has a potential to increase profitability by converting casual users to members. As a data analyst, my role was to dive more into the behaviors of the casual riders to understand if there are any potential opportunities for the company. The dataset used in this case study are licensed by Motivate International Inc (https://ride.divvybikes.com/data-license-agreement).

I have completed this project to complete the final step of the google analytics program which is a capston project. This case study is about a fictional company called Cyclistic which has a potential to increase profitability by converting casual users to members. As a data analyst, my role was to dive more into the behaviors of the casual riders to understand if there are any potential opportunities for the company. The dataset used in this case study are licensed by Motivate International Inc (https://ride.divvybikes.com/data-license-agreement).

Anúncio
Anúncio

Mais Conteúdo rRelacionado

Semelhante a Capston Project: A case study to convert temporary customers into permanent customers.pptx (20)

Mais recentes (20)

Anúncio

Capston Project: A case study to convert temporary customers into permanent customers.pptx

  1. 1. Capstone Case study How does a Bike-Share Navigate speedy success Completed by: Plato Khisa
  2. 2. Background of the company: Cyclistic • Bike-share company based in Chicago • The company follows similar type of business model as Uber but with some differences: • The obvious difference is that they offer ride-share in forms of bikes • The bikes are operated by the user and responsible for parking it in the docking station • They offer reclining bikes, hand tricycles and cargo bikes • Most users use it for leisure, with only one-third of the total users are using the bikes for commuting to work
  3. 3. A basic overview of different type of users • Mainly two types of users: • Casual riders: Customers who purchase it for a single day use • Cyclistic Members: Customers who purchase annual memberships • 5.71M of trips were made in the one year period between Dec 2021 to Dec 2022. • Around 3.37 million (59%) trips were made by Cyclistic Members
  4. 4. The key business Questions • Is there any room for more making Cyclistic more profitable? • The financial analysts believe so. They believe that the company can be more profitable by converting the casual riders into Cyclistic Members • Their estimate may be feasible because the casual riders rode for 25 million more minutes than the Cyclistic Members in the one year period between Dec 2021 to Dec 2022 • In order to do that, the company must come up with a successful Marketing Campaign to convert the casual users to Cyclistic members. • It is important to know how the different types of users behave or use the Cyclistic platform so that a successful marketing strategy can be implemented.
  5. 5. Main objectives of the project • The main goal is to convert Casual users to Cyclistic members. However, firstly we need to understand whether the casual members would bring more profit to the company. • If we can confirm that the converting casual riders would actually bring more profits to the company, then we will dig more into the behaviors of the casual users and try to answer the following questions: • How similar or dissimilar are casual riders from the Cyclistic members • What can we know from the trip data to make an effective marketing campaign?
  6. 6. Data, methodology and cleaning • Cyclistic is a fictional company and the case study is designed by a team from google for the students • Source: the dataset is made by Motivate International Inc. The dataset consists of 12 CSV files where each file contains the trip data of each month from Dec 2021 to Dec 2022. • For the convenience of the analysis, each CSV files were merged into a single CSV file • Then the merged CSV file was loaded to POWERBI platform where the data was cleaned using POWER Query Editor • The main cleaning steps included: removing columns, dissecting the start timestamp into two different columns: Day of the week and Month, calculating ride time by doing mathematical operations with start_timestamp and end_timestamp • After the completion of the data cleaning, the visualizations were made using Power BI tools
  7. 7. How are the casual users and Cyclistic members are different • Even though Cyclistic members make more trips but the ride time of casual users are significantly more than the Cyclistic members in the given time period (Dec 2021- Dec 2022)
  8. 8. How are the casual users and Cyclistic members are different The average ride time of the casual users is almost 2.5 times than the Cyclistic members
  9. 9. Insights from the ride times of both users and it’s implication on Marketing Strategy • Our data shows that the casual users have more ride times than the Cyclistic members • Since the data is not adequate to find more insights about the casual users, we can assume that most of the casual users are not returning customers or frequent users • The marketing strategy should focus on giving rewards to those casual users so that they purchase a long-time subscription from Cyclistic
  10. 10. More insights about casual and Cyclistic members The casual riders are more proactive on the weekends, whereas the Cyclistic members are proactive throughout the week
  11. 11. More insights about casual and Cyclistic members There is an upward trend in the ride time of the casual users from the month of April and lasts until July but the traffic of casual users remains more than the members until the end of October
  12. 12. More insights about casual and Cyclistic members Electric bike is the most popular category from the casual users which is followed by classic bike
  13. 13. More implication for the marketing team • Casual users use the platform more on the weekends and their usage hike from the month of April-October. The marketing team can use this knowledge to offer two different types of membership deals to the casual customers, which are: • 6 month subscription from May-October with a price which is a bit higher than the annual subscription but less than casual users. This is to ensure that the annual subscription remains as the most lucrative offer from the company. • Sub-annual/ monthly subscription plans for weekend users: In this type, customers can subscribe for sub-annual periods but can only use the bikes during the weekends.
  14. 14. Top places/stations to organize a marketing campaign
  15. 15. Implication for digital marketing • Right now digital marketing is one of the most efficient techniques to reach customers. But the given data has no relevant information to find more insights about target customers. • For an effective marketing strategy the company should try to collect the customer data more eloquently, which means that the company must have information about the age, gender and occupation of the consumers to meet the minimum criteria.
  16. 16. Conclusion • There is a scope to make more profits by converting casual users who make the most of the ride time for the company into members • The casual users usually ride on weekends, but their ride times hike seasonally from May- October • The company can come up with sub-annual subscription offers during the seasonal period so that it is more rewarding for the casual riders to use the platform as a member than a casual user. • For the digital marketing, the company should collect more information about the customer so that they can target their customers appropriately.

×