How the Sales of Tables in NYC can be Improved
How could the sales of tables in NYC be improved ?
Suppose that your manager wants you to analyze the sales in a particular state, as assigned below. Same scenario as the tutorial, except that it is now your job to look at overall sales and profitability for your state to see if you can find out what is driving these numbers. Please answer the following questions for your state in your Tableau Storybook:
So, after I analysed the products sales in New York City, I discovered that tables in New York City lost nearly 601$ in 2018. Therefore, my question is How can the performance of tables in New York City be improved?
I have attached you a screeshot of my work on Tableau to imagine what are you going to expalin? I want you to write one page of suggestion to improve the sales performance of tables in NYC?
Answer preview
According to Einav, Farronato, Levin, & Sundaresan, (2013), there are various reasons which cause a decline in sales. Some of those factors include an increase in the price. If the price of the tables increases than that of other products in markets customers will tend to buy them. Customers will tend to search other cheaper products in the market thus resulting in a decrease in the products market. Secondly, the availability of close substitutes results in a decline in sales. Close substitute’s results to a decline in the sales of the tables. Also, the shortage of income…
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