Comparing two metrics using one graph is not as straightforward as it seems.
The situation mentioned above worsens with the increase in data sets.
We recommend you use a chart designed to display insights into two metrics. This is where a Double Bar Graph in Excel comes in.
And this chart can help you highlight how a variable compares to others. It uses different colors to bring out the differences between critical variables.
Excel lacks ready-to-go Double Bar Graph. And this means it’s not a reliable Double Bar Graph maker for your needs.
Install a third-party add-in to access ready-made and visually stunning Double Bar Graph in your Excel.
Keep reading because we’ll discuss the mysterious third-party add-in in great depth. You don’t want to miss this.
In this blog, you’ll discover the following:
Before delving into the how-to guide, we’ll address the following question: what is a Double Bar Graph?
A Double Bar Graph is a chart you can use to represent two varying metrics with different measures.
One of the key uses of a Double Bar Chart is to compare two varying variables in data. The visualization design uses two axes to illustrate the relationships between two data points with varying measurement scales.
We recommend you use a Double Bar Graph maker to generate visualizations showing plenty of insights using limited space. Also, you can make comparisons between categories using a highly contrasting color scheme.
Your go-to visualization design should be a Double Bar Graph if your goal is to use limited space in your dashboard.
Keep reading because, in the coming section, we’ll take you through practical examples of a Double Bar Graph.
Let’s imagine your goal is to compare sales performance of various products in previous versus current years.
Let’s assume the data below represents the scenario above.
Can you provide key takeaways of the data below?
Product | Current Year Orders | Previous Year Orders |
Bonnet | 15000 | 12000 |
Bumper | 10000 | 11000 |
Cowl screen | 14000 | 12000 |
Decklid | 16000 | 13000 |
Fender | 18000 | 15000 |
Fascia | 9000 | 8000 |
Notice the difference after visualizing the table above for insights.
Let’s imagine your goal is to compare the orders of food items processed in the previous versus the current year.
Let’s assume the data below represents our scenario.
Can you provide key takeaways from the data below?
Food Items | Current Year Orders | Previous Year Orders |
The Hamburger | 500 | 400 |
Clam Chowder | 800 | 900 |
Bagel and Lox | 700 | 600 |
Deep-Dish Pizza | 600 | 500 |
Drop Biscuits | 300 | 400 |
Notice the difference after visualizing the data.
So, what is the difference between a Bar Graph and a Double Bar Graph?
Bar Graph is one of the simplest forms of visual representation of data. And it uses single bars of various heights to depict the value of critical metrics in your data.
The length of each bar is proportional to the corresponding data point. You can leverage this chart to display insights in a form understandable to many.
A Double Bar Graph has multiple bars representing the critical metrics in your data.
For instance, you can compare sales revenue and net profit in previous versus current financial years.
So, what are the applications of a Double Bar Graph?
Data holds an immense value that could help you unlock success in your business.
The problem comes in presenting this data to the stakeholders in your business. And this is because some of these individuals may not have the same familiarity with your data.
To alleviate this problem, we recommend you use a Double Bar Graph Maker.
The visualization design offers an effective and engaging way of presenting insights into your data to others. Furthermore, it has a minimalist design to ensure everyone in your team can easily decode insights without struggle.
Data in its raw form is difficult to work with, especially if it’s complex and bulky. If you opt for the tables, how much time will you take?
While tables are super helpful for organizing your information, they don’t provide a conducive ecosystem for in-depth analysis.
This is where a Double Bar Graph in Excel comes in.
It offers a more convenient medium for interacting with raw data and analyzing the resulting insights.
Here’s an interesting fact. Our brains process visual content over 60,000 times faster than text and numbers. Besides, we can easily recall visual information longer and more efficiently.
Take time and reflect on this.
We’re always constantly processing visual data as our eyes are open.
Remember, the speed and effectiveness of visual analysis are significant. And this is because data changes rapidly. So, timely decision-making is the key to getting maximum value from your data.
You can quickly evaluate the competition for more insights, especially if you’re a business owner.
Remember, competition plays a significant role in your overall performance. But it can easily detract from your key objectives. On the other hand, if you lack insights into what your rivals are doing, it will be challenging to measure their effect on your revenues.
Therefore, we recommend a Double Bar Graph maker.
You can leverage visualization design to conduct a competitive comparison analysis, revealing new intelligence.
A Double Bar Graph provides a versatile way of comparing data using easy-to-read diagrams.
You can easily leverage the visualization to compare key points for actionable intelligence.
One of the biggest strengths of a Double Bar Graph maker is its ability to depict many insights in a limited space.
And this is because each dot takes up very little space. You can easily pack lots of points with the X and Y-axes. A Double Bar Graph is among a few visualization designs that display a lot of insights in a straightforward format.
So, what is the best Double Bar Graph maker?
Excel is one of the standard tools that business owners use to store and analyze data. And this is because it has a library of charts, graphs, and maps.
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 Double Bar Graph. 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 Double Bar Graph .
Keep reading because we’ll be showing you how to create a Double Bar Graph in Excel.
You don’t want to skip this.
This section will use a Double Bar Graph maker to visualize the data below.
Let’s dive in.
Product | Current Year Orders | Previous Year Orders |
Bonnet | 15000 | 12000 |
Bumper | 10000 | 11000 |
Cowl screen | 14000 | 12000 |
Decklid | 16000 | 13000 |
Fender | 18000 | 15000 |
Fascia | 9000 | 8000 |
To get started with ChartExpo in Excel, follow the steps below:
Excel’s library lacks ready-made and visually stunning Double Bar Graph you can use to create compelling data stories.
But you can supercharge your Excel with third-party add-ins, such as ChartExpo, to access ready-made Double Bar Graph. The resulting chart will be insightful, visually stunning, and easy to read.
A Double Bar Graph is a chart you can use to represent two varying metrics with different measures.
One of the key uses of a Double Bar Chart to compare two varying variables in data. The visualization design uses two axes to illustrate the relationships between two metrics with varying measurement scales.
Comparing two metrics using one graph is not as straightforward as it seems.
The situation mentioned above worsens with the increase in data sets.
We recommend you use a chart primarily designed to display insights into two different metrics.
This is where a Double Bar Graph in Excel comes in. The chart can help you highlight how a variable compares to others.
Besides, it uses different colors to highlight the differences between key variables.