Professional Documents
Culture Documents
Customer Profile
Available Products
Their education levels falls Their self rated fitness and usage
between 12 to 18 which is levels are on the average scale. They are expecting a nominal
otherwise a customer who atleast This can be understood as people cardio fitness equipment which
a school passout and upto a who are getting into the fitness will do the job.
graduation degree. arena
Hence, they choose a nominal treadmill which will help in their fitness journey. This will be
budget friendly, easy to use and of low maintenance
Characteristics for the Target Market of TM498
◦ Based on the information given, this model ◦ As we see in the figure, there is an equal
attracts customers mostly from the age group penetration of male and female customers
of 23 to 27.
Characteristics for the Target Market of TM498
◦ Adding to the previous point, male are the ◦ The customers who have purchased this model
highest who are partnered and single wish to have rated that they will use the product at
purchase this model, but females are almost least 2 times and up to 5 times a week.
inline with male count
Characteristics for the Target Market of TM498
◦ Based on the chart, we can identify that the ◦ Similarly, the income range falls between 39K
customers who have bought this model rate to 59K which falls under the upper middle-
themselves with fitness level as 3. class category
A typical Customer of TM498
The customers would have a
They fall under the income range
Will be of mainly adults who middle to upper middle-class
of 29K to 69K which can
are partnered and single falls lifestyle with fitness-oriented
otherwise be interpreted as
under the age of 23 to 27 goals and expects more at the
middle class.
offered price
Hence, they choose a mid range treadmill which will help in achieving their fitness with little
technological aspects.
Characteristics for the Target Market of TM798
◦ Based on the information given, this model
attracts customers mostly from the age group
of 20 to 29.
◦ As we see in the figure, there is a penetration
of male buyers more than female customers
Characteristics for the Target Market of TM798
◦ Adding to the previous point, men who are ◦ The customers who have purchased this model
single wish to purchase this model more than have rated that they will use the product at least 3
other categories. times and up to all days in a week. They are
obsessed with fitness and have a scheduled routine
Characteristics for the Target Market of TM798
◦ Based on the chart, we can identify that the ◦ Similarly, the income range falls between 54K
customers who have bought this model rate to 104K which falls under the high-class
themselves with fitness level as 5. category
A typical Customer of TM798
The customers would have a rich They fall under the income range
Will be of mainly adults to
lifestyle with high fitness- of 49K to 105K which can
parents age groups who falls
oriented goals and prefer less otherwise be interpreted as high
under age 22 to 48
maintenance class.
Hence, they choose a high-end treadmill which will help in achieving their fitness goals with
technological aspects.
CARDIO FITNESS
DESCRIPTIVE
STATISTICS
Box Plot and Inference Report
A Quick Inference on Product-wise sales
◦ The total number of treadmills sold are 180.
◦ With the given chart, we can have a quick
comparison of the sales that has been made
according to each product
◦ We can interpret that TM195 has been the
most popular model.
◦ TM498 model has been substantially popular
but needs a push
◦ We need to concentrate on the sales of TM798
as that is comparatively less.
Recommendations for Product sales
January will be a busy month for various gyms with people lining up for fitness
resolution. We can put up an ad campaign starting from November or December
The income of buyers of TM798 is relatively higher We can provide a discount campaign or referral
than the other two. programme to attract more customers towards TM798
Let us have a look at the Age distribution
Age
TM195 : TM498 : TM798 :
◦ The mean and median are slightly ◦ Like TM195, the mean and median ◦ With the inference of the box plot
deviating from one another have a deviation here as well. for age factor, the mean and Median
◦ More than 60% of the buyers fall ◦ Kurtosis is negative, making the are very close, unlike the other two
under the age between 26 and 33 cases
curve platykurtic
◦ The skewness is asymmetrical and it ◦ The dispersion of occurrences are
is positively skewed comparatively lesser .
The education level is higher in TM798 compared to TM195 and We can provide a user manual with easy instructions and pictorial
TM498 depictions to make it easier for people with restricted knowledge to
understand the usability of TM798
Let us have a look at the Usage
distribution
KEY RECOMMENDATIONS
As this is a basic model, almost all budgeted customers will
look for this. Hence to create more leads, we can put up ad Key Recommendations
campaigns during women’s day to attract more female
customers.
for TM175
FITKIT
A Fitness Routine Fit for ALL
We can provide freebies to early bird sign ups irrespective of
any target market.
DURAFIT
We can campaign and sponsor events at high convergence Make a move with power
of population like IT parks, corporate offices and gated
communities
POWERMAX
Don’t stop until you are proud