Comparing the performance of various metrics that matter to you is not easy peasy. And this applies to scenarios where you have tons and tons of data for analysis.
Comparison is one of the most common analyses you can do to extract actionable insights into your data. Every time we conduct comparative analysis when we make a choice. For instance, when deciding between Android and iPhone.
This is where Comparison Chart templates come in.
You can easily compare and contrast key data points that matter to your business.
Excel comes with tables and charts for visualizing data. Yet, it lacks ready-made and insightful Comparison Graphs for visualizing data.
You don’t have to do away with Excel. You can supercharge it with a particular add-in to access ready-made Comparison Charts.
Keep reading because we’ll be talking more about the add-in mentioned above. You don’t want to miss this.
In this blog, you’ll learn:
Before jumping right into the how-to guide, we’ll address the following question: what is a Comparison Chart?
A Comparison Graph is a category of visualization designed to help you compare two or more items.
Comparison analysis is a natural habit, especially when confronted with more than one choice. You can gather actionable insights into your data categories and sub-items.
There are mainly 2 types of comparison charts:
Comparison Bar Charts are one of the most familiar choices of all types.
It uses bars to compare the values of key data points along a specific dimension, such as time. The taller the bar, the more value the data point holds. This chart type highlights the categories and items that are most and least important in your data.
You can introduce additional bars and axes if you want to add a greater dimension to your comparative analysis.
Comparison Line Charts are excellent at showcasing trends, shifts, and other patterns.
You can draw direct comparisons by judging the slope of the lines between key data points. Besides, you can analyze multiple variables alongside one another.
However, one of the weaknesses of these chart categories is that lines may cross paths, making it hard to tell one item from the next.
Adding colors to your Comparison Charts is critical, especially when performing comparative analysis on varying variables in your data. And just like a Comparison Bar Visualization, you can add additional Y-axes to accommodate more dimensions.
Examples of the Comparison Charts include Slope and Dual Axis Line charts.
Other Comparison visualization charts you can use include:
In the coming section, we’ll take you through the benefits of Comparison Visualization.
Check out the benefits of Comparison Charts.
Comparison Chart templates provide a versatile way of comparing data using easy-to-read charts and graphs.
A sizable number of Comparison Charts are available, making it one of the most flexible visualization strategies.
You can easily leverage these charts to compare key points for actionable intelligence.
Comparative analysis can help you to learn where to double down on your time, money, and energy.
Data is less valuable, especially if you cannot translate it into digestible information.
Comparison Charts templates can help you to distill signals from noise in your data. And implies you can draw tons of hidden answers. Besides, these charts are 10 times more effective than pivot tables, where you’re likely to commit sizable hours to extract answers.
You can use insights generated to craft compelling data stories for your audience.
Opportunities in your data are constantly appearing.
You can continuously improve your strategies using data if you have Comparison Visualization Charts in your armory. One of the ways Comparison Charts uncovers hidden opportunities is by pointing out gaps and outliers in your data.
Intuition is natural.
However, profitable businesses don’t run on gut feeling and intuition — they are data-driven. This is where Comparison Charts come in. They help you establish what’s working and what’s not.
Uncovering hidden patterns and trends is tremendously straightforward if you use Comparison Chart templates.
For instance, you can quickly point out how your target audience interacts with your marketing ads.
Besides, Comparison-based Charts can help you to make sense of the patterns and trends to back up business decisions. You can use these charts for year over year comparison or month to month comparison of data to get actionable insights.
You can quickly evaluate the competition for more insights.
Remember, competition plays a significant role in your overall performance. But it can easily detract from your core objective. On the other hand, if you lack intelligence on what your rivals are doing, it will be challenging to measure their effect on your profitability. This is where Comparison Chart templates come in.
You can leverage these charts to conduct a competitive comparative analysis that can reveal new intelligence. You might discover who you thought was your biggest competitor isn’t so moving needles anymore.
Conversely, new players in the market that you weren’t aware of may have taken their place.
Comparison Visualization Charts can help you evaluate the competition using attributes such as size and revenue.
The critical goal of Comparison Chart templates is to help you uncover the strengths and weaknesses of key variables in data.
And this means you can draw valuable insights for continuously improving performance.
It’s critical to know what’s working and what isn’t if your goal is to maximize returns and cut costs in the long term. Insights from these charts can help you discover ways to enhance your efforts by minimizing weaklings and maximizing strengths.
While it’s remarkable to know what you’re doing right, we recommend you invest time investigating what’s going wrong.
Comparison Charts show you the strengths and weakness attributes of critical variables in data and cut the learning curve.
Remember, data is changing all the time.
Yes, you read that right.
Agility in adopting improvements is vital. The longer you take, the less valuable these improvements become. Besides, you risk losing your market to the competition.
Best graphs for Comparison can help you detect the best and worst performers in areas such as sales.
In this section, we’ll talk about tested and proven comparison graph makers you’ve got to try this year.
You don’t want to miss this.
A comparative visualization is a form of analysis for extracting answers from your data. One of the standard tools for visualizing data is charts in Excel.
However, the spreadsheet application lacks ready-made Comparison Charts and Graphs. So, it’s not a reliable Comparison Graph maker.
We’re not advising you to do away with Excel in favor of other expensive tools.
And 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. The application is called ChartExpo.
What is ChartExpo?
ChartExpo is an add-in you can easily install in your Excel without needing tutorials.
With many ready-to-go and insightful charts, graphs, and maps, ChartExpo turns your complex, raw data into easy-to-interpret and visually appealing Comparison Charts.
More benefits
In the coming section, we’ll show you how to analyze your data using the Comparison Graph templates.
This section will use one of the Comparative Graphs (Dual Axis Line Chart) to display insights into the tabular data below.
| Year | Purchase | Sales |
| 2016 | 100000 | 150000 |
| 2017 | 60000 | 100000 |
| 2018 | 140000 | 200000 |
| 2019 | 120000 | 180000 |
| 2020 | 170000 | 200000 |
| 2021 | 130000 | 180000 |
To install ChartExpo into your Excel, click the following link.
In this case, look for the “Dual Axis Line Chart” in the list of charts.
Excel is one of the go-to data visualization tools for businesses and professionals.
However, Excel has very basic Comparison Line Graphs, which require a lot of extra work in terms of editing. But you can access ready-made and insightful Comparison-based Charts by installing add-ins, such as ChartExpo.
You’ll agree that comparing the performance of various metrics that matter to you is not easy.
And this applies to scenarios where you have tons and tons of data for analysis.
Comparison is one of the most uncomplicated analyses you can do to extract actionable insights into your data. You only need charts to access insights for data stories.
Every time we conduct comparative analysis when making a choice. For instance, when deciding between two identical products.
This is where Comparison Charts come in.
You can easily compare key data points that matter to your business.
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