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Amazon Product Sales Data Analysis: Trends and Insights

Problem:

  • Difficulty in understanding sales performance across Amazon's vast product catalog.
  • Challenges in identifying popular and underperforming products.
  • Lack of insights into factors influencing product sales, affecting decision-making for inventory, pricing, and marketing.

Solution:

Data Exploration & Cleaning:

  • Analyzed dataset structure.
  • Identified and addressed missing values, outliers, and inconsistencies.
  • Ensured data integrity.

Data Wrangling:

  • Manipulated and prepared the dataset for analysis.
  • Extracted relevant features and created new variables.
  • Transformed data as required for deeper insights.

Data Mining:

  • Extracted insights on top product categories and sub-categories.
  • Identified popular products based on ratings and discount pricing.
  • Determined top-selling and least-selling products.

Data Visualization:

  • Visualized popularity of product categories and sub-categories.
  • Explored total sales per rating.
  • Analyzed the correlation between ratings and number of ratings for popular products.

Reporting:

  • Compiled findings in a comprehensive report.
  • Summarized insights and highlighted key trends and factors affecting sales.

Impact:

  • Provided a detailed understanding of Amazon’s product sales landscape.
  • Enabled better decision-making for product listings, pricing strategies, and marketing.
  • Improved inventory management by identifying top-selling and least-selling products.
  • Contributed to optimized sales outcomes and enhanced customer satisfaction.

Dataset Source:

Data:

  • Amazon-Products.csv

Programming Language & Libraries:

  • Programming Language: Python
  • Libraries:
    • Numpy
    • Pandas
    • Matplotlib
    • Seaborn

Analysis Visuals

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Summary of Insights

Popular Product Categories:

  • TV, Audio & Cameras
  • Stores
  • Appliances
  • Women's Clothing
  • Toys & Baby Products
  • Accessories
  • Beauty & Health
  • Home & Kitchen

Popular Product Sub-categories:

  • All Electronics
  • Headphones
  • Cameras
  • Camera Accessories
  • Home Entertainment Systems
  • Men's Fashion
  • All Appliances
  • Kitchen & Home Appliances
  • Amazon Fashion
  • Bags & Luggage

Top-Selling Products:

  • SanDisk products, especially Memory Cards
  • Redmi products, especially Smartphones
  • AmazonBasics Alkaline Batteries and HDMI cables
  • boAt Bassheads and Eardopes products
  • Huggies Wonderpants Diapers
  • Products with Low Sales:
  • SOOTRA BRANDED Carbon Film Resistor
  • Okos Gold Plated Blue and Green Bracelet
  • SBWC Stylish Slim Lice Narrow Comb
  • Moti Chain Gold Plated Necklace
  • Shelfkey.com ALUMINIUM ELECTROLYTIC CAPACITOR

Trend in Product Sales:

  • Buyers tend to purchase products from the same brand as top-selling items. There is a preference for well-rated products with higher numbers of ratings.

Important Factors Affecting Sales:

  • Product Categories: Well-established categories like Electronics, Appliances, and Clothing attract the most sales.
  • Discounts: Discounts do not appear to encourage higher sales; well-discounted products often have lower sales.
  • Price: The actual price of items has no significant effect on the volume of sales.

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