Strategy question

How would you assess the impact of weather on consumer spend last winter?

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What this question tests

Tests structuring an ambiguous analytical question into a measurable approach, connecting external data to a business metric.

How to approach it

  1. Clarify scope: define 'consumer spend' precisely, e.g., transaction volume through Google Pay or ad-driven purchases, and confirm which winter and which region.
  2. Identify the data sources needed: historical weather data (temperature, storm events, snowfall) matched by region and date, and transaction or ad-conversion data for the same period.
  3. Propose a method: correlate week-over-week spend changes with weather anomalies (a major storm, an unusually warm week) within the same region, controlling for holiday seasonality which also spikes in winter.
  4. Segment by category: weather likely affects some categories more than others, e.g., outdoor retail and travel drop during storms, while food delivery and streaming may rise.
  5. Address confounds: separate the weather effect from concurrent factors like holiday sales events or a macroeconomic shift happening the same winter.
  6. Define the output: a quantified estimate of spend lift or drop per weather event type per category, with confidence caveats given the correlational nature of the analysis.

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