2.2 problem solving
Current Problem Overview
Revenue Decline: Advertising revenue has decreased by 35% over the last 8 weeks.
Active Users Drop: Active user engagement has decreased by 43%, contributing to the decline in revenue.
Cause of Revenue Loss: Fewer active users lead to less ad visibility, resulting in lower ad revenue.
Future Goals
Understand Revenue Drop: Investigate reasons behind the decline in advertising and active users.
Dashboards for Monitoring: Develop an interactive dashboard for real-time monitoring of ad revenue and active users, instead of delayed insights.
Bridging the Gap: Key Questions to Address
Top Revenue-Contributing App Categories: Identify which app categories generate the most ad revenue to optimize focus for improvements.
Impact of Focus: Prioritizing revenue-generating categories can yield significant improvements where it matters.
Reasons for Active User Decline: Analyze factors impacting user engagement.
New vs. Existing Users: Understand if the decline is due to a lack of new user acquisition or dropout of existing users.
Category Breakdown: Monitor engagement trends across different app categories to identify specific patterns.
Ad Types Analysis: Evaluate the performance of different ad formats.
Short vs. Long Ads: Assess how different ad types impact revenue to determine if a shift has occurred in ad strategy.
Trends Over Time: Examine weekly performance trends to better understand the dynamics of revenue changes.
Data Analysis Necessity
Must utilize exploratory data analysis (EDA) to answer the above questions and generate actionable insights for restoring revenue and user engagement.