Actionable Insights
Description
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Objective: You work for a marketing consultancy firm and your customer is looking to launch a new product. You need to analyze its internal data and external data (example: demographics of addressable market); and give 3 specific recommendations to your client for a successful go to market strategy. How would you measure the success of these recommendations (example: customer-acquisition-cost, conversion cost, click-through-rate)?
*Make sure you select a company (client) that has public available data or that can provide the data your need for this analysis.
Due date: one week after Session 7
Phase 1 Descriptive Statistics
Using descriptive statistics, present your assessment of this business and new product to launch by analyzing different segments, regions, demographics. Compare the results of these measurements and share your conclusions.
Identify if there are any KPIs related to ESG and present them clearly. What is their impact?
Present your findings using the results obtained and visuals. Show which data you decided to highlight and what measures you used.
Phase 2 Measures of Association
Identify variables that have significant relationships among them. Describe the relationship in terms of strength and direction.
Identify variables that may have a causation relationship. Propose a course of action to validate your assumptions.
Identify if there are any KPIs related to ESG and present them clearly. What is their impact?
Present your findings using the results obtained and visuals. Show which data you decided to highlight and what measures you used.
Phase 3 Normal Distribution
Identify relevant metrics that follow a normal distribution.
- Explain why this variable follows this trend based on your knowledge of this business.
- Are there outliers that are worth investigating further?
- Are there any other variables that follow a normal distribution?
Identify if there are any KPIs related to ESG and present them clearly. What is their impact?
Present your findings using the results obtained and visuals. Show which data you decided to highlight and what measures you used.
Phase 4 Regression
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- Identify variables that you predict by using a regression model.
- Assess how strong your model is.
- Analyze what happens if you include or exclude one variable.
- Are there any other external variables that can alter your model?
Deliverable:
1) Power Point
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- Based on your work on Phases 1 to 4, provide a prioritized summary of your findings.
- In all phases, identify if there are any KPIs related to ESG and present them clearly. What is their impact?
- Give 3 specific recommendations to the CEO for next steps. Support your recommendations with data and insights from your analysis and trusted sources.
- How would you measure the success of these recommendations?
- Length of your Power Point Document: Maximum 10 slides
2) Excel
- Supporting Data Analyses, Charts, Trends, and Regressions (1 tab per phase)
Pointers/Guidelines:
- All your recommendations need to be strongly supported with Data Analysis completed in Excel.
- At your discretion apply insights from Annual Report, WSJ and other trusted data sources to support and strengthen your analysis and recommendations. Be clear in your source annotations.
- Other potential Sources: You have access to IBIS world where you can find industry data that supports your analysis
- Excel should include (1) descriptive statistics, (2) measures of associations, a (3) normal distribution and at least (4) one regression and (5) additional company/industry/relevant data.
- Charts need to be created and formatted as well.
- Last sheet of Excel should have references for all your data sources. Proper citation is required. Note: Wikipedia or ChatGPT is not considered a trusted source.
Rubric
Individual Final Project
Criteria | Ratings | Pts | |||||
---|---|---|---|---|---|---|---|
This criterion is linked to a Learning OutcomeUse of course concepts |
|
33.34 pts |
|||||
This criterion is linked to a Learning OutcomeAnalysis |
|
33.33 pts |
|||||
This criterion is linked to a Learning OutcomeRecommendations |
|
33.33 pts |
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Total Points: 100 |
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