Visualize your data. Use charts
In January, sales were $12,025, and expenses were $10,012. February sales decreased by 20%, and expenses increased by 2%. In March, sales picked up to $11,011 while expenses stayed fixed. April was a lazy month with only $10k in sales and around $9,017 in expenses. Year over year, it doesn’t look too good.
I think all of us can remember when information was being fed to us like this. And presentation slides were nothing more than infinite lists of numbers we needed to analyze to draw relevant conclusions.
Luckily, we’re years past that, and we now have the tools to analyze, visualize, and draw insights from raw data. By using the right tools to visualize your data, you can easily emphasize your point.
With multiple chart types to try, you can decide which one is the most appropriate visualization for your purpose. Want to emphasize a growth in expenses? Use a bar chart. If you want to show the imbalance between low sales and high operational costs, you can use a line graph. And if you just want to emphasize the impact of your March marketing campaign, a pie chart is a great way to convey that over 40% of sales occurred in that one month.
Long story short, we’re gaining access to more and more raw data each day. But it’s completely useless if it isn’t properly analyzed, visualized, and presented. And charts are one of the best ways to turn numbers into information-rich images.
By choosing the right type of chart, you can make your point with clarity and purpose. Now, Cacoo offers multiple types of charts you can create and use directly in your diagram and share with your team.