/DS_Project

A Data Science project to identify promising NYC neighborhoods for marketing personalized children's books, utilizing open datasets and predictive analytics to uncover key demographic and socio-economic factors.

Primary LanguageJupyter Notebook

Target Market Analysis for Children's Book E-Commerce

Project Overview

We are building a strategic marketing plan for a children's book e-commerce platform. The core objective is to identify which ZIP codes present the most significant opportunities based on socio-economic and demographic factors.

Research Question

  • Which ZIP codes are most likely to yield the highest engagement and sales for children's books sold online?

Data Analysis Pipeline

Data Acquisition

  • Secure data on household income, family composition, and literacy rates within ZIP codes.

Exploratory Data Analysis

  • Conduct a deep dive into the data, examining each variable to understand the distribution within and across ZIP codes.

Data Validation

  • Ensure the reliability of our data by comparing it to known benchmarks and explaining any discrepancies.

Market Potential Index (MPI) Creation

  • Craft an MPI to score and rank ZIP codes, focusing on variables like average income, number of children, and bookstore proximity.

Implementation Steps

Step 1: Acquire Data

  • Collect data from credible sources to form a robust dataset for analysis.

Step 2: Individual Variable Analysis

  • Analyze key variables in isolation (e.g., population vs. ZIP, income vs. ZIP).

Step 3: Data Quality Check

  • Validate the data by comparing it to expected distributions and rationalizing outliers.

Step 4: Market Potential Analysis

  • Use the MPI to evaluate and rank each ZIP code according to our target market criteria.

Future Plans

  • Integrate an SIR model to simulate market penetration and customer lifecycle in the future phases of our project.

Getting Started

(Include instructions for setting up the project, running the tests, and deployment as previously outlined)

Built With

  • Python - The programming language used.
  • Pandas - Library for data manipulation and analysis.
  • NumPy - Library for numerical operations.
  • Matplotlib/Seaborn - Libraries for data visualization.

(Continue with Contributing, Versioning, Authors, License, Acknowledgments, Project Status as previously outlined)

Project Status

  • Data collection complete, covering socio-economic and demographic variables across numerous ZIP codes.
  • Exploratory data analysis is ongoing, with a focus on visualizing and understanding data trends.
  • MPI is under development to rank ZIP codes effectively.

Authors

  • Alejandro Diaz - Initial work - DiaA6383

Acknowledgments

  • Credit to data providers, supportive community members, and advisors.