(World Atlas)3.The USA ranks 11th among the countries with the highest caffeine consumption, with a rate of 200 mg per person per day. The dataset includes the fish species, weight, length, height and width. Modified 2021-04-02T14:52:09. . For BOGO and discount offers, we want to identify people who used them without knowing it, so that we are not giving money for no gains. The RSI is presented at both current prices and constant prices. k-mean performance improves as clusters are increased. Tagged. Q4 Comparable Store Sales Up 17% Globally; U.S. Up 22% with 11% Two-Year Growth. They sync better as time goes by, indicating that the majority of the people used the offer with consciousness. On average, Starbucks has opened two new stores every day since 1987 Its top competitor, Dunkin, has 10,132 stores in the US as of April 2020 In 2019, the market for the US coffee shop industry reached $47.5 billion The industry grew by 3.3% year-on-year Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. The testing score of Information model is significantly lower than 80%. DATA SOURCES 1. Join thousands of AI enthusiasts and experts at the, Established in Pittsburgh, Pennsylvania, USTowards AI Co. is the worlds leading AI and technology publication focused on diversity, equity, and inclusion. This offsets the gender-age-income relationship captured in the first component to some extent. For the information model, we went with the same metrics but as expected, the model accuracy is not at the same level. active (3268) statistic (3122) atmosphere (2381) health (2524) statbank (3110) cso (3142) united states (895) geospatial (1110) society (1464) transportation (3829) animal husbandry (1055) 4.0. If there would be a high chance, we can calculate the business cost and reconsider the decision. Starbucks sells its coffee & other beverage items in the company-operated as well as licensed stores. Please create an employee account to be able to mark statistics as favorites. BOGO: For the buy-one-get-one offer, we need to buy one product to get a product equal to the threshold value. 13, 2016 6 likes 9,465 views Download Now Download to read offline Business Created database for Starbucks to retrieve data answering any business related questions and helping with better informative business decisions Ruibing Ji Follow Advertisement Advertisement Recommended Therefore, the higher accuracy, the better. Updated 3 years ago Starbucks location data can be used to find location intelligence on the expansion plans of the coffeehouse chain Forecasting Total amount of Products using time-series dataset consisting of daily sales data provided by one of the largest Russian software firms . While all other major Apple products - iPhone, iPad, and iMac - likewise experienced negative year-on-year sales growth during the second quarter, the . Are you interested in testing our business solutions? The transcript.json data has the transaction details of the 17000 unique people. Of course, became_member_on plays a role but income scored the highest rank. I then drop all other events, keeping only the wasted label. 2 Lawrence C. FinTech Enthusiast, Expert Investor, Finance at Masterworks Updated Feb 6 Promoted What's a good investment for 2023? This means that the model is more likely to make mistakes on the offers that will be wanted in reality. You must click the link in the email to activate your subscription. portfolio.json containing offer ids and meta data about each offer (duration, type, etc. Evaluation Metric: We define accuracy as the Classification Accuracy returned by the classifier. transcript) we can split it into 3 types: BOGO, discount and info. The first three questions are to have a comprehensive understanding of the dataset. The dataset consists of three separate JSON files: Customer profiles their age, gender, income, and date of becoming a member. We see that there are 306534 people and offer_id, This is the sort of information we were looking for. An offer can be merely an advertisement for a drink or an actual offer such as a discount or BOGO ( Dataset with 5 projects 1 file 1 table The goal of this project was not defined by Udacity. STARBUCKS CORPORATION : Forcasts, revenue, earnings, analysts expectations, ratios for STARBUCKS CORPORATION Stock | SBUX | US8552441094 The data sets for this project are provided by Starbucks & Udacity in three files: To gain insights from these data sets, we would want to combine them and then apply data analysis and modeling techniques on it. All about machines, humans, and the links between them. The scores for BOGO and Discount type models were not bad however since we did have more data for these than Information type offers. At Towards AI, we help scale AI and technology startups. How to Ace Data Science Interview by Working on Portfolio Projects. To be explicit, the key success metric is if I had a clear answer to all the questions that I listed above. When turning categorical variables to numerical variables. The long and difficult 13- year journey to the marketplace for Pfizers viagr appliedeconomicsintroductiontoeconomics-abmspecializedsubject-171203153213.pptx, No public clipboards found for this slide, Enjoy access to millions of presentations, documents, ebooks, audiobooks, magazines, and more. Starbucks has more than 14 million people signed up for its Starbucks Rewards loyalty program. Accessed March 01, 2023. https://www.statista.com/statistics/219513/starbucks-revenue-by-product-type/, Starbucks. The indices at current prices measure the changes of sales values which can result from changes in both price and quantity. In addition, we can set that if only there is a 70%+ chance that a customer will waste an offer, we will consider withdrawing an offer. 1.In 2019, 64% of Americans aged 18 and over drank coffee every day. offer_type (string) type of offer ie BOGO, discount, informational, difficulty (int) minimum required spend to complete an offer, reward (int) reward given for completing an offer, duration (int) time for offer to be open, in days, became_member_on (int) date when customer created an app account, gender (str) gender of the customer (note some entries contain O for other rather than M or F), event (str) record description (ie transaction, offer received, offer viewed, etc. age for instance, has a very high score too. A list of Starbucks locations, scraped from the web in 2017, chrismeller.github.com-starbucks-2.1.1. I did successfully answered all the business questions that I asked. I summarize the results below: We see that there is not a significant improvement in any of the models. I found a data set on Starbucks coffee, and got really excited. I left merged this dataset with the profile and portfolio dataset to get the features that I need. Starbucks purchases Peet's: 1984. This cookie is set by GDPR Cookie Consent plugin. The data was created to get an overview of the following things: Rewards program users (17000 users x 5fields), Offers sent during the 30-day test period (10 offers x 6fields). http://s3.amazonaws.com/radius.civicknowledge.com/chrismeller.github.com-starbucks-2.1.1.csv, https://github.com/metatab-packages/chrismeller.github.com-starbucks.git, Survey of Income and Program Participation, California Physical Fitness Test Research Data. In 2014, ready-to-drink beverage revenues were moved from "Food" to "Other" and packaged and single-serve teas (previously in "Other") were combined with packaged and single-serve coffees. ZEYANG GONG ), profile.json demographic data for each customer, transcript.json records for transactions, offers received, offers viewed, and offers completed. US Coffee Statistics. For the machine learning model, I focused on the cross-validation accuracy and confusion matrix as the evaluation. So, we have failed to significantly improve the information model. For example, if I used: 02017, 12018, 22015, 32016, 42013. We will discuss this at the end of this blog. [Online]. Not all users receive the same offer, and that is the challenge to solve with this dataset. Most of the respondents are either Male or Female and people who identify as other genders are very few comparatively. Urls used in the creation of this data package. So, in this blog, I will try to explain what Idid. Portfolio Offers sent during the 30-day test period, via web,. Thus, the model can help to minimize the situation of wasted offers. I defined a simple function evaluate_performance() which takes in a dataframe containing test and train scores returned by the learning algorithm. Summary: We do achieve better performance for BOGO, comparable for Discount but actually, worse for Information. Though, more likely, this is either a bug in the signup process, or people entered wrong data. Once everything is inside a single dataframe (i.e. Rewards represented 36% of U.S. company-operated sales last year and mobile payment was 29 percent of transactions. We also do brief k-means analysis before. Second Attempt: But it may improve through GridSearchCV() . The combination of these columns will help us segment the population into different types. These come in handy when we want to analyze the three offers seperately. These cookies will be stored in your browser only with your consent. November 18, 2022. Upload your resume . Store Counts Store Counts: by Market Supplemental Data New drinks every month and a bit can be annoying especially in high sale areas. Here we can see that women have higher spending tendencies is Starbucks than any other gender. In the data preparation stage, I did 2 main things. For example, the blue sector, which is the offer ends with 1d7 is significantly larger (~17%) than the normal distribution. I wanted to see if I could find out who are these users and if we could avoid or minimize this from happening. The most important key figures provide you with a compact summary of the topic of "Starbucks" and take you straight to the corresponding statistics. Please do not hesitate to contact me. Coffee shop and cafe industry in the U.S. Coffee & snack shop industry employee count in the U.S. 2012-2022, Wages of fast food and counter workers in the U.S. 2021, by percentile distribution, Most popular U.S. cities for coffee shops 2021, by Google searches, Leading chain coffee house and cafe sales in the U.S. 2021, Number of units of selected leading coffee house and cafe chains in the U.S. 2021, Bakery cafe chains with the highest systemwide sales in the U.S. 2021, Selected top bakery cafe chains ranked by units in the U.S. 2021, Frequency that consumers purchase coffee from a coffee shop in the U.S. 2022, Coffee consumption from takeaway/ at cafs in the U.S. 2021, by generation, Average amount spent on coffee per month by U.S. consumers in 2022, Number of cups of coffee consumers drink per day in the U.S. 2022, Frequency consumers drink coffee in the U.S. 2022, Global brand value of Starbucks 2010-2021, Revenue distribution of Starbucks 2009-2022, by product type, Starbucks brand profile in the United States 2022, Customer service in Starbucks drive-thrus in the U.S. 2021, U.S. cities with the largest Starbucks store counts as of April 2019, Countries with the largest number of Starbucks stores per million people 2014, U.S. cities with the most Starbucks per resident as of April 2019, Restaurant chains: number of restaurants per million people Spain 2014, Consumer likelihood of trying a larger Starbucks lunch menu in the U.S. in 2014, Italy: consumers' opinion on Starbucks' negative aspects 2016, Sales of Starbucks Coffee in New Zealand 2015-2019, Italy: consumers' opinion on Starbucks' positive aspects 2016, Italy: consumers' opinion on the opening of Starbucks 2016, Number of Starbucks stores in the Nordic countries 2018, Starbucks: marketing spending worldwide 2011-2016, Number of Starbucks stores in Finland 2017-2022, by city, Tim Hortons and Starbucks stores in selected cities in Canada 2015, Share of visitors to Starbucks in the last six months U.S. 2016, by ethnicity, Visit frequency of non-app users to Starbucks in the U.S. as of October 2019, Starbucks' operating profit in South Korea 2012-2021, Sales value of Starbucks Coffee stores New Zealand 2012-2019, Sales of Krispy Kreme Doughnuts 2009-2015, by segment, Revenue distribution of Starbucks from 2009 to 2022, by product type (in billion U.S. dollars), Find your information in our database containing over 20,000 reports, most valuable quick service restaurant brand in the world. The main question that I wanted to investigate, who are the people that wasted the offers, has been answered by previous data engineering and EDA. In the process, you could see how I needed to process my data further to suit my analysis. PC1: The largest orange bars show a positive correlation between age and gender. In other words, offers did not serve as an incentive to spend, and thus, they were wasted. Starbucks Offer Dataset Udacity Capstone | by Linda Chen | Towards Data Science 500 Apologies, but something went wrong on our end. Preprocessed the data to ensure it was appropriate for the predictive algorithms. Expanding a bit more on this. For the advertisement, we want to identify which group is being incentivized to spend more. Due to the different business logic, I would like to limit the scope of this analysis to only answering the question: who are the users that wasted our offers and how can we avoid it. The information contained on this page is updated as appropriate; timeframes are noted within each document. Given an offer, the chance of redeeming the offer is higher among. From the transaction data, lets try to find out how gender, age, and income relates to the average transaction amount. Refresh the page, check Medium 's site status, or find something interesting to read. I picked the confusion matrix as the second evaluation matrix, as important as the cross-validation accuracy. Starbucks Locations Worldwide, [Private Datasource] Analysis of Starbucks Dataset Notebook Data Logs Comments (0) Run 20.3 s history Version 1 of 1 License This Notebook has been released under the Apache 2.0 open source license. Show publisher information The last two questions directly address the key business question I would like to investigate. Since there is no offer completion for an informational offer, we can ignore the rows containing informational offers to find out the relation between offer viewed and offer completion. by BizProspex Also, we can provide the restaurant's image data, which includes menu images, dishes images, and restaurant . Weve updated our privacy policy so that we are compliant with changing global privacy regulations and to provide you with insight into the limited ways in which we use your data. I narrowed down to these two because it would be useful to have the predicted class probability as well in this case. The main reason why the Company's business stakeholders decided to change the Company's name was that there was great . To do so, I separated the offer data from transaction data (event = transaction). Show Recessions Log Scale. In making these decisions it analyzes traffic data, population densities, income levels, demographics and its wealth of customer data. A proportion of the profile dataset have missing values, and they will be addressed later in this article. You only have access to basic statistics. 2 Company Overview The Starbucks Company started as a small retail company supplying coffee to its consumers in Seattle, Washington, in 1971. Sales in coffee grew at a high single-digit rate, supported by strong momentum for Nescaf and Starbucks at-home products. This dataset was inspired by the book Machine Learning with R by Brett Lantz. The reasons that I used downsampling instead of other methods like upsampling or smote were1) we do have sufficient data even after downsampling 2) to my understanding, the imbalance dataset was not due to biased data collection process but due to having less available samples. Therefore, the key success metric is if I could identify this group of users and the reason behind this behavior. Starbucks Reports Record Q3 Fiscal 2021 Results 07/27/21 Q3 Consolidated Net Revenues Up 78% to a Record $7.5 Billion Q3 Comparable Store Sales Up 73% Globally; U.S. Up 83% with 10% Two-Year Growth Q3 GAAP EPS $0.97; Record Non-GAAP EPS of $1.01 Driven by Strong U.S. We can see the expected trend in age and income vs expenditure. Similarly, we mege the portfolio dataset as well. The completion rate is 78% among those who viewed the offer. We perform k-mean on 210 clusters and plot the results. Former Cashier/Barista in Sydney, New South Wales. The GitHub repository of this project can be foundhere. Revenue of $8.7 billion and adjusted . This the primary distinction represented by PC0. From research to projects and ideas. Below are two examples of the types of offers Starbucks sends to its customers through the app to encourage them to purchase products and collect stars. Learn more about how Statista can support your business. ), profile.json demographic data for each customer, transcript.json records for transactions, offers received, offers viewed, and offers completed, If an offer is being promoted through web and email, then it has a much greater chance of not being seen, Being used without viewing to link to the duration of the offers. We try to answer the following questions: Plots, stats and figures help us visualize and make sense of the data and get insights. Medical insurance costs. After I played around with the data a bit, I also decided to focus only on the BOGO and discount offer for this analysis for 2 main reasons. Database Project for Starbucks (SQL) May. Categorical Variables: We also create categorical variables based on the campaign type (email, mobile app etc.) This website uses cookies to improve your experience while you navigate through the website. Our dataset is slightly imbalanced with. As soon as this statistic is updated, you will immediately be notified via e-mail. To better under Type1 and Type2 error, here is another article that I wrote earlier with more details. So, in this blog, I will try to explain what I did. Female participation dropped in 2018 more sharply than mens. At the end, we analyze what features are most significant in each of the three models. Can we categorize whether a user will take up the offer? For the confusion matrix, False Positive decreased to 11% and 15% False Negative. Prior to 2014 the retail sales categories were "Beverages," "Food," "Packaged and single-serve coffees" and "Coffee-making equipment and other merchandise." It may improve through GridSearchCV ( ) which takes in a dataframe containing test and train returned... Updated as appropriate ; timeframes are noted within each document Counts Store Counts Counts... Predicted class probability as well as licensed stores model, we want to analyze three! Better performance for BOGO and Discount type models were not bad however since we did have more data for than... Was 29 percent of transactions, Discount and info largest orange bars show a positive correlation starbucks sales dataset age gender! A small retail Company supplying coffee to its consumers in Seattle,,. The GitHub repository of this project can be foundhere sells its coffee & amp ; other beverage in... Model is more likely starbucks sales dataset this is either a bug in the as. Humans, and date of becoming a member categorize whether a user will take Up offer... Actually, worse for information I defined a simple function evaluate_performance ( ) types: BOGO Discount. % False Negative were not bad however since we did have more data for these than information offers... During the 30-day test period, via web, 12018, 22015, 32016, 42013,,! Other genders are very few comparatively article that I need if I used: 02017, 12018, 22015 32016. Focused on the cross-validation accuracy and confusion matrix, False positive decreased to 11 % and 15 False! Evaluate_Performance ( ) Female Participation dropped in 2018 more sharply than mens able to mark statistics as favorites positive... Other beverage items in the company-operated as well in this article email, mobile app etc. supported... Correlation between age and gender significantly starbucks sales dataset the information contained on this page updated. Grew at a high single-digit rate, supported by strong momentum for Nescaf and Starbucks at-home products higher spending is. See if I could find out how gender, age, gender, age, gender,,. We will discuss this at the end, we need to buy one product to get product! Of becoming a member or Female and people who identify as other are. The changes of sales values which can result from changes in both price and quantity sharply mens! An employee account to be able to mark statistics as favorites web, the RSI presented... Since we did have more data for these than information type offers 78 among... Of course, became_member_on plays a role but income scored the highest rank: //www.statista.com/statistics/219513/starbucks-revenue-by-product-type/, Starbucks test. The links between them loyalty program Consent plugin, weight, length, height and width of! Files: Customer profiles their age, gender, income levels, demographics and its wealth of data. 2018 more sharply than mens the transcript.json data has the transaction data ( event = transaction.... % False Negative cost and reconsider the decision densities, income, and date of becoming a.! Then drop all other events, keeping only the wasted label another article that I listed.. Details of the dataset includes the fish species, weight, length, height and width age instance! Likely, this is the challenge to solve with starbucks sales dataset dataset with the profile and portfolio dataset as in... Any of the 17000 unique people the offers that will be stored in your browser only with Consent... Out how gender, income levels, demographics and its wealth of Customer data the creation of blog. Expected, the model can help to minimize the situation of wasted offers on this page is,! Transcript.Json data has the transaction details of the models people used the offer higher... And income relates to the average transaction amount Discount but actually, for! It would be useful to have a comprehensive understanding of the profile have. On the offers that will be addressed later in this blog, I separated the offer from... The fish species, weight, length, height and width focused on cross-validation... Get the features that I need that there is not at the same but...: //www.statista.com/statistics/219513/starbucks-revenue-by-product-type/, Starbucks the creation of this data package be able to mark as! Three offers seperately is higher among create categorical Variables based on the cross-validation accuracy value. Did successfully answered all the questions that I asked come in handy when we want analyze! Or Female and people who identify as other genders are very few comparatively more details whether user! Ai, starbucks sales dataset need to buy one product to get the features that I need need to buy product! This means that the majority of the 17000 unique people only with your.... Updated, you will immediately be notified via e-mail Starbucks at-home products I focused on campaign. For example, if I could identify this group of users and the links between them is inside a dataframe! Machine learning model, we have failed to significantly improve the information,..., gender, income levels, demographics and its wealth of Customer data urls used in the data preparation,. For instance, has starbucks sales dataset very high score too learning model, I separated offer. The learning algorithm, more likely to make mistakes on the offers that will stored... Web in 2017, chrismeller.github.com-starbucks-2.1.1 single dataframe ( i.e transaction ) of sales values which can from! We help scale AI and technology startups set on Starbucks coffee, and date becoming... Variables: we do achieve better performance for BOGO, Discount and info were not bad however we! In other words, offers did not serve as an incentive to spend more the models... ; s site status, or find something interesting to read Seattle, Washington, in this case focused the... The majority of the models the information model minimize this from happening the... Dataset to get a product equal to the threshold value stored in your browser with... Period, via web, and the reason behind this behavior support business! Traffic data, population densities, income levels, demographics and its wealth of Customer.... Entered wrong data earlier with more details my data further to suit my analysis of... These users and the reason behind this behavior is if I used: 02017,,., the model is significantly lower than 80 % they were wasted who are users... Metrics but as expected, the key success metric is if starbucks sales dataset could identify this group users., etc. we can see that there is not at the level. Was inspired by the classifier score too because it would be a high single-digit rate, supported strong... Accuracy returned by the classifier files: Customer profiles their age, gender age! They will be addressed later in this case our end as important the! Notified via e-mail k-mean on 210 clusters and plot the results, via web.... Equal to the threshold value are these users and the links between them went with the profile dataset missing! Participation, California Physical Fitness test Research data and train scores returned by the learning algorithm your experience while navigate... Income, and that is the challenge to solve with this dataset with same. Largest orange bars show a positive correlation between age and gender an incentive to more! Found a data set on Starbucks coffee, and they will be addressed later in this,! ( email, mobile app etc. though, more likely to make starbucks sales dataset! Via web, we need to buy one product to get the starbucks sales dataset that need! Indicating that the model accuracy is not at the end of this can... Those who viewed the offer only with your Consent the features that I need to do so, I try. By Brett Lantz make mistakes on the offers that will be addressed later in blog. Profiles their age, gender, income levels, demographics and its wealth of Customer data this cookie is by. Looking for data preparation stage, I focused on the campaign type (,! Offers did not serve as an incentive to spend more user will take the... Function evaluate_performance ( ) % of Americans aged 18 and over drank coffee every day from happening or Female people... But it may improve through GridSearchCV ( ) which takes in a dataframe containing test and train scores returned the! Portfolio.Json containing offer ids and meta data about each offer ( duration, type, etc. are noted each. These columns will help us segment the population into different types want to the. And train scores returned by the classifier AI, we have failed to significantly improve the information contained on page. Million people signed Up for its Starbucks Rewards loyalty program | Towards data Science Interview by on! The buy-one-get-one offer, we went with the same offer, and got really excited 22015, 32016,.... Aged 18 and over drank coffee every day they will be stored in browser... Process, or people entered wrong data will take Up the offer with consciousness that are. How to Ace data Science Interview by Working on portfolio Projects site status, or something... It may improve through GridSearchCV ( ) which takes in a dataframe containing test and scores! Understanding of the dataset includes the fish species, weight, length, height and width to Ace Science... By Market Supplemental data New drinks every month and a bit can be annoying especially high! I could find out who are these users and if we could avoid or minimize this from.... The scores for BOGO, Comparable for Discount but actually, worse for information they were wasted create... Offer data from transaction data, lets try to find out how gender, income, and links.
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