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Stream/Area:
-
Subject:
-
Paper ID:
10.55041/IJSREM37680
Volume:
8 |
10 |
Oct 2024
Pages:
Publication Frequency:
Monthly (12 issues per year)
License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.
This research paper examines advanced techniques used in visualizing data in regard to improved sales prediction by the customers within an enterprise. The data-driven decision-making process is explored better through the enhancing of the accuracy of sales forecast and actual understanding of customers’ behaviour. There are steps begun with data cleaning to create accuracy and reliability. This is then followed by detailed analysis on trends, patterns, and perhaps sales drivers. The study unfolds the importance of visual tools, dashboards, charts, and graphs, that translate complex analytical results into clear, actionable insights. Visualizations enable key findings to be absorbed quickly by stakeholders, thereby making for more informed and strategic decisions. Business organizations can effectively communicate insights and strategies to optimize sales performance with advanced tools like Tableau and Power BI. It indicates that firms are able to find new markets by using data visualizations, enhance customer buying behavior by understanding them better, and improve the decision-making process as well. The precision of sales forecasts increases when advanced visual tools are used in making these forecasts, in turn helping the organization remain competitive in the marketplace. The paper thus provides a direction for business organizations seeking to adopt data analysis and visualization in their sales strategy as a way of increasing customer engagement for better revenue growth.
KEYWORDS
Publication Date
2/9/2024
Peer Review Type
Double-Blind Peer Review
Review Rounds: 2
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Conflict of Interest
The authors declare no conflict of interest related to this research work.
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