📌 Method: MonthlyProductRevenuePerCategory
This article explains how we calculate the monthly product revenue divided by category.
How is product revenue per category calculated?
Retrieve all purchased products in the period
We filter orders based on product category.
Calculate revenue per category
We sum all sales in each category.
Group by segment
Revenue can be divided by gender, age, or product category.
Visualize data
Data is displayed in an area chart showing revenue by product category.
Example Calculation
We calculate product revenue for January divided by categories.
Category | Units Sold | Average Price | Total Revenue |
Clothing | 100 | 300 kr. | 30,000 kr. |
Equipment | 50 | 500 kr. | 25,000 kr. |
Calculate revenue for clothing:
100×300=30,000 kr.100 \times 300 = 30,000 \text{ kr.}100×300=30,000 kr.
Calculate revenue for equipment:
50×500=25,000 kr.50 \times 500 = 25,000 \text{ kr.}50×500=25,000 kr.
Why is this important?
✔ Understand which product categories generate the most revenue
✔ Optimize purchasing and inventory management
✔ Target marketing campaigns
💡 Result: A graph showing product revenue divided by category.
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