This project contains a comprehensive data quality assessment on three key datasets from Sprocket Central Pty Ltd: Customer Demographic, Customer Address, and Transactions. The primary goal was to ensure the integrity of the data for accurate analysis and strategic decision-making. Subsequently, valuable insights were extracted from the assessed data, and these insights were applied to a new customer dataset to identify high-potential customers for targeted marketing efforts.
Conducted a comprehensive data quality assessment on three key datasets from Sprocket Central Pty Ltd: Customer Demographic, Customer Address, and Transactions.
Addressed various challenges in the datasets including missing values, inconsistent labels, and unrealistic records.
Standardized inconsistent labels across datasets for consistency.
Implemented imputation strategies for missing data, using statistical methods like median for numerical fields.
Rectified date formats and removed entries that could not be standardized or imputed, ensuring data relevancy and accuracy.
Developed a customer scoring system based on historical data to evaluate the potential value of new customers.
Included factors such as purchase frequency, property valuation, geographic location, age, wealth segment, and industry in the scoring model.
Applied the scoring system to a new customer list, ranking individuals by potential value to target marketing efforts efficiently.
Identified a segment of high-potential customers, characterized by frequent purchases, residence in high-revenue areas, older age demographics, and employment in profitable industries.
The analysis concluded with strategic recommendations for Sprocket Central Pty Ltd to focus marketing initiatives on the identified high-value customer profiles to drive growth.