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You’ll agree that comparing critical metrics in your data can help uncover actionable and valuable intelligence that can improve your revenue.
And this is because comparing items is one of the most straightforward analyses you can ever do. For instance, you can compare the strengths and weaknesses of a marketing strategy before going all in.
Or you can compare the security, social amenities, and other factors of two locations before investing in a home.
It turns out you can use comparison-based charts to draw answers.
It gets better.
These charts are amazingly easy to read and interpret. Just check the size of a data point against others to draw answers.
Excel has charts and graphs for visualizing data. However, it lacks ready-made and insightful Comparison Chart examples, such as those for visualizing cost of living comparison by city.
You don’t have to dump your Excel. You can easily supercharge it with a particular add-in to access ready-made Comparison Charts.
In this blog, you’ll learn:
Before jumping into the blog’s heart, we’ll address the following question: what is comparison analysis?
Comparison analysis is comparing data variables for similarities and differences insights.
As a business owner, conducting a comparative analysis using various skills matrix formats can help you understand your internal problems in-depth and form strategies. Additionally, you can efficiently conduct this analysis to examine data points with noticeable differences and commonalities.
Healthcare practitioners can conduct this analysis using a chart like Tornado chart to compare the efficacy of two varying types of medications. Car factories can leverage this analysis with a Tornado chart to examine two production processes to determine cost-effectiveness.
Other practical uses of comparison analysis include:
In the coming section, we’ll address the following question: what is a Comparison Chart?
You don’t want to miss this section.
A Comparison Chart is a visualization diagram you can use to display comparison insights into your data. In other words, you can easily compare and contrast critical variables in your data for in-depth answers.
Line, Pie, and Bar Graphs fall under Comparison Diagrams.
Using the Comparison-based charts, you can easily extract insights into your raw data by conducting a comparative analysis of key categories and sub-categories.
In the ensuing section, we’ll address the following question: what are the 3 examples of Comparison Charts?
Following are the Top 3 Comparison Chart Examples.
If you are into finding trends, shifts, and outliers and want to have comparisons side by side then Comparison Line Charts are excellent at showcasing these things.
The rise and fall look of the lines on the chart can give you an idea at first look at what is happening with data over time.
Sometimes comparison line charts may become difficult to interpret if lines start to cross out each other but still, it is not a big problem.
If you have multiple lines to compare with each other then adding colors to each line can make them distinguish exclusively.
Below is a very good example of a multi-axis line chart by ChartExpo.
Visualization Source: ChartExpo
The Radar chart can help you depict multiple variables and categories along a circular axis instead of a cartesian plane.
You can use the visualization design to draw accurate comparisons between crucial data points and assess the presence of outliers.
Radar Chart is the go-to visualization if your goal is to map data in a cyclic path, such as over a period. The Circular Chart format of the Radar Chart enhances the ability to visualize cyclic trends effectively.
In the coming sections, we’ll show you how to visualize data using one of the Comparison Chart examples (Radar Chart).
Visualization Source: ChartExpo
Comparison Bar Charts are arguably the most familiar choice.
There are many forms of bar charts, which may be simple bar charts, grouped bar charts, comparison bar charts for side-by-side comparison, or matrix charts. Below is a very good comparative analysis example by ChartExpo.
Visualization Source: ChartExpo
Comparison analysis is a form of analysis that entails comparing a data point against others. Some of the tools for conducting comparative analysis include charts and graphs in Excel’s library, such as the Slop graph, and many more.
However, the spreadsheet application lacks ready-made Comparison Graphs, such as the Radar Chart or Circular Chart.
We’re not advising you to do away with Excel in favor of other expensive tools.
This is because there’s an amazingly affordable visualization tool that comes as an add-in you can easily install in Excel to access insightful and easy-to-customize Comparison-based charts, including dot plot examples. The application is called ChartExpo.
What is ChartExpo?
ChartExpo is an add-in you can easily install in your Excel to access ready-made and visually appealing Comparison Chart Examples, such as Multi Axis Line charts and Radar Charts.
In this section, we’ll use the Radar Chart to display insights into the table below.
Let’s get started.
| Product | Month | Orders |
| TVs | Jan | 80 |
| TVs | Feb | 65 |
| TVs | March | 75 |
| TVs | April | 80 |
| TVs | May | 90 |
| TVs | Jun | 85 |
| TVs | July | 65 |
| TVs | Aug | 70 |
| TVs | Sep | 80 |
| TVs | Oct | 93 |
| TVs | Nov | 99 |
| TVs | Dec | 80 |
| Smartphones | Jan | 100 |
| Smartphones | Feb | 60 |
| Smartphones | March | 95 |
| Smartphones | April | 75 |
| Smartphones | May | 100 |
| Smartphones | Jun | 60 |
| Smartphones | July | 95 |
| Smartphones | Aug | 75 |
| Smartphones | Sep | 109 |
| Smartphones | Oct | 80 |
| Smartphones | Nov | 109 |
| Smartphones | Dec | 75 |
| Computers | Jan | 50 |
| Computers | Feb | 55 |
| Computers | March | 51 |
| Computers | April | 40 |
| Computers | May | 45 |
| Computers | Jun | 30 |
| Computers | July | 39 |
| Computers | Aug | 45 |
| Computers | Sep | 56 |
| Computers | Oct | 39 |
| Computers | Nov | 48 |
| Computers | Dec | 44 |
To get started with ChartExpo in Excel, follow the steps below:
There’s no single best Comparison Chart.
It all depends on the nature of your data or audience. The Comparison Chart family comprises visualizations that are incredibly easy to read and interpret. Some of the charts you can leverage include:
A Comparison Chart is a visualization diagram you can use to display comparison insights into your data. In other words, you can easily compare critical variables in your data for in-depth answers.
Line, Pie, and Bar Graphs fall under Comparison Diagrams.
Comparing critical metrics in your data can help uncover actionable and valuable intelligence that can improve your revenue.
This is because comparing items is one of the most straightforward analyses you can ever do. For instance, you can compare the strengths and weaknesses of a social media platform before diverting sizable resources.
You can use comparison-based charts to draw answers. These charts are amazingly easy to read and interpret. Just check the size of a data point against others to draw answers.
Excel has charts and graphs for visualizing data. However, it lacks ready-made and insightful Comparison chart examples for visualizing data.
So, what’s the solution?
We recommend you install third-party apps, such as ChartExpo, to access ready-to-go and visually stunning Comparison Graphs, such as Radar Chart.
ChartExpo is an Excel add-in loaded with insightful and ready-to-go Comparison Charts.
More benefits
Sign up for a 7-day free trial today to access ready-made Comparison Chart examples, such as Radar Graph.
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