This can help find out which store was able to promote itself successfully and whose promos failed. To see if higher promotional expenses lead to more footfall and in turn to more revenue for a bunch of retail stores for a month: The X-Axis can have the average daily footfall, Y-Axis the promotional expenses and the area of the plot will show the revenue generated by the outlet for that month.Some examples to stir up your imagination: Where can bubble charts be used?Īpart from using bubble charts for investment, there are a whole lot of other places where bubble charts can be used. Then you can decide which investments you should pump more money in and which ones should you divest. Using bubble charts like this, you can see view all your investments at once. In our Investments â Equities example, we can also show Mutual Funds in the same bubble chart.īubble charts are great for custom investment charting.
Bubble chart series#
The series will then have different colors with the legend pointing out which color refers to which data series. You can also have multiple series of data plotted in the bubble chart. What we have discussed till now are single-series bubble charts. With a larger number of data plots, mental divisions like this are very helpful in determining the next course of action.Ĭheck out live examples of Bubble chart in our charts gallery and JSFiddle gallery. If you are thinking short-term investment, then this is your quadrant. Quadrant 4 - Decent investments: Manageable RoI over a short span of time.Further investment on equities in this quadrant would be your last bet. Quadrant 3 - Not-so good investments: Low RoI over a long period of time.If you are planning to make further investments, you would surely invest in the equities in this quadrant. Quadrant 2 - Good investments: Long Age of Investment but great RoI.What else could you ask for? These investments are like jackpots. Quadrant 1 - Best investments: Investments that have given high RoI in a short period of time.Depending on the parameters, each of the quadrants has a particular meaning for you. The same bubble chart has been divided into 4 quadrants.
![bubble chart bubble chart](https://cdn.sketchbubble.com/pub/media/catalog/product/cache/1/image/720x540/c96a280f94e22e3ee3823dd0a1a87606/b/u/bubble-chart-mc-slide5.png)
The area of the bubble plot (or the scatter blot bubble size) is an indicator of the magnitude of the third numeric characteristic. Hence, the position of the bubble plot is an indicator of two numeric values. Bubble charts are different because both axes of a bubble chart are numeric. This means that the quantitative magnitude of the plot is indicated by the position of the plot with respect to the Y-axis. The Y-Axis is the numeric axis for column and line charts. They allow the comparison of entities in terms of their relative positions with respect to each numeric axis and their size as well.Ĭolumn charts and line charts have 2 axes commonly â a numeric axis and a categorical axis. What are bubble charts?īubble charts/Bubble graphs plot data defined in terms of three distinct numeric parameters.
![bubble chart bubble chart](https://xviz.com/wp-content/uploads/packed-bubble-chart-key-features-of-power-bi-visual.jpg)
![bubble chart bubble chart](https://help.gooddata.com/download/attachments/43849292/vizualization_bubble.png)
When you have a table with 3 related dimensions of data, how do you represent it on a flat 2D chart? Put three column charts side by side, one for each dimension? Or use two XY-plot charts? But both of them will be ineffective in putting together all the 3 parameters in one elegant visualization.