Short Summary of Findings
The most profitable products based on total sales:
- Dorito Corn Chip Supreme 380g – $40,352
- Smiths Crinkle Chip Original Big Bag 380g – $36,367.6
- Smiths Crinkle Chips Salt & Vinegar 330g – $34,804.2
Key Insights:
- Large chip bags dominate the top sales, suggesting a preference for bulk purchases.
- Popular brands like Doritos and Smiths are strong market leaders.
Loyal customers were identified based on purchase frequency and total spending. Most of them belong to these groups:
| Life Stage | Customer Type | Number of Loyal Customers |
|---|---|---|
| Older Families | Budget | 2 |
| Older Families | Mainstream | 2 |
| Young Families | Budget | 2 |
| Young Families | Mainstream | 1 |
| Young Families | Premium | 2 |
| Young Singles/Couples | Mainstream | 1 |
Key Insights:
- Families (young and older) make the most repeat purchases.
- Budget-conscious and mainstream buyers dominate loyalty.
- Premium buyers are fewer but still exhibit high spending habits.
- Families buy in bulk, making large chip packs a frequent purchase.
- Budget and mainstream buyers seek value, leading to high loyalty.
- Popular brands retain loyal customers, reinforcing purchasing habits.
📌 Target families in promotions, especially budget & mainstream segments. 📌 Offer discounts on bulk purchases to increase sales volume. 📌 Position chips as a “family-friendly” snack to strengthen loyalty. 📌 Explore loyalty programs to retain high-value customers.
This analysis provides valuable insights to refine marketing strategies and maximize profitability.