Comparison Chart Template: How you can Create and Interpret Data with Comparison Chart Effectively?

A picture is worth a thousand words. Well, that’s true — and that’s why you should translate raw textual data into compelling visuals. And if you’ve got multiple data sources, then a comparison chart comes in handy. Speaking of comparison charts, you can create one using a comparison chart maker.

If your data visualization is done right, your target audience will ask more questions about the information displayed. But if you observe your audience asking more questions about what is displayed, or on how the data is displayed, then you probably did a poor job.

Here’s the thing, the human mind can easily retain visual information. Yes, compelling visuals tend to stick more to the mind. That’s not to say that the mind cannot retain information presented in a textual format — it can, but if you want to increase your chances of getting your information retained in the minds of your audience, then visuals are the way to go.

Speaking of visuals, you’ve got to think of online charting tools. And depending on the kind of data you want to analyze, you’d probably opt for comparison charts.  To create great comparison charts, a comparison chart marker comes into play.

Before diving into how to create comparison charts using comparison chart maker, you’ve got to revisit the benefits of data visualization.

Data visualization pretty much helps you to create the right mental image. With the right mental image, you get to easily and securely forecast the future. This way, there will be a boost in your confidence level, and you also get to see the processes more clearly.

Other benefits of data visualization include.

• Visualization boosts your confidence level. When you can see the future, you will most likely do things that will make you successful
• If everything goes well in the eyes of your mind, you will most likely take the right steps in real-time. In other words, visualization is a great way to “practice” success.

Regardless of your area of expertise, you can benefit from visualization. To make it more effective for you, you will need to put the right designs together for a more effective data visualization. With the right visualization, your team members and target audience will easily interpret and make more informed decisions from your visuals.

In this guide, you will learn more about data visualization, and how you can use comparison charts to create more engaging visuals. First, you will discover how data in spreadsheets are made effective with visualization.

How Data in Spreadsheets are Made Effective With Visualization

Visual information pretty much helps you to communicate more quickly and effectively. It’s universally acceptable, and anyone will be able to understand what you are communicating. As a business person, you can use visuals to identify what your customers want. What areas of your business should you pay attention to, and what should be improved upon in your business? Yes, good visuals help you to identify all these and more. There is an add-in for Excel and add-on for Google Sheets available which can help you to have different chart templates specially Comparison Chart template on which you can map your data and see the visuals in no time.

Visuals make it easy to memorize and retain data. Therefore, before going for the next stakeholders (or board) presentation, you should consider going into the room with some visuals. If done right, you get to achieve more using visuals. Right, by definition, is achieved when the data has achieved its primary purpose. What’s your objective for using visuals, and did you achieve such objectives? If yes, then the data visuals have achieved their purpose.

Still skeptical?

Well, here is a quick way of ascertaining if your visualization is done right. If your audience asks more questions about the information displayed on the visualization, then it’s right. However, if they ask questions on how the information is displayed, then you’ve got more work to do.

You see, having the right data visualization will pave a way for you and your team members to get a good grasp of the information displayed. This way, you get to make more informed decisions.

History of Comparison Charts

Humans tend to compare things — from the prices of similar products in the market to the features of most luxury cars. Comparison is not a new concept to humans, and comparison charts have been around since the 18th century.

William Faden was one of the pioneers of comparison charts. He was a major player in the comparison of coastal profiles. Charles Smith was also another player who contributed to the development of comparison charts.

Nowadays, comparison chart templates have evolved, and they are much more than tools for comparing mountains and buildings. They are used for making informed executive decisions and also for in-depth research methodology.

All in all, comparison charts can be used for comparing various graphs, scales, bars, tables, bubbles, and other types of vectors.

Types of Charts for Comparing Data

By now, you probably know that data visualization is a sure way of exploring and interpreting the results from raw data. Most times, data sets in several industries are obtained for comparison purposes. And if you want to compare data more efficiently, you’ve got to use individual charts that would help you gain a better understanding of the data set — such types of charts, just like the comparison non-sentiment charts are known as comparison charts.

Here comes the big question — what’s the purpose of a comparison chart, and what are the pros and cons of using these charts? Well, here is what you should know.

Purpose of the Comparison Chart

Every successful business or company is built on good decisions. Yes, good decisions are pretty much what differentiate fortune 500 companies from others. That’s not to say that other factors do not come into play. To make good decisions, you’ve got to have access to data. But raw data is not enough — you’ve got to translate it into digestible information. And that’s where visualization comes to play.

Business development comes with a different level of responsibility, and a large data volume is needed to fill up this vacuum. Sorting things through to figure out the trends, facts, patterns, and the finding could be somewhat difficult. If properly figured out, you will easily take things to the next level without losing sweat.

In every business setting, data has to be collected. To interpret these data so your audience could easily digest it, you’ve got to paint compelling visuals. Comparison chart templates give your data a visual context. This way, your audience gets to comprehend the data, process it, and identify patterns and trends within the data set.

It also helps you to quickly reach conclusions by modeling and delivering the data in a digestible way.

Pros and Cons of Using Comparison Charts

Comparison bar charts and other forms of comparison charts have evolved over the years — it’s still evolving and lots of successes have been recorded using the system. But it’s not all rosy. Yes, there are pros to using comparison charts, but there are also cons.

Here are the pros and cons of using comparison chart templates.

Pros

• Comparison charts come with strict rules, and they are relatively easy to use.
• Comparison charts like bar and table are relatively easy to draw. Digesting the information in these charts are also easy.
• With comparison charts, it’s quite easy to compare various real-life choices and entities.

Cons

• May be misleading to false assumptions and impressions if not properly understood the reference values.
• There are no universal standards or rules.
• If there are no common parameters among the entities, then comparing them will be somewhat impossible.

If you’ve read up to this point, then you’re probably wondering how to create comparison charts. Well, here is how to create comparison charts in Google Sheets using ChartExpo.

Creating Comparison Charts Using ChartExpo

Exploring a large volume of data is no fun — it’s a tricky process, and it requires lots of work to get it done. To get these things done, you’ve got to opt for analytic and data reporting tools. The thing is, analytics and data reporting tools come with a default reporting interface, but these interfaces are quite limited in terms of analytic capacities. You can curb these issues by merely using comparison charts as Comparison charts are best graph for comparing data.

Let’s face it, you’ve got limited productive time in a day, and using this time to figure out how to maneuver analytic tools is not wise. Instead of wasting precious time, you could use ChartExpo to create a good comparison chart.

For instance, if you manage a mobile brand, and you desire to compare the various brands that are generating the most sales, all you’ve got to do is use a comparison non-sentiment chart to compare the data. But first, you’ve got to do a thorough data survey to generate some data similar to the one below.

Year	Brand	Sales
2018	Samsung.	11
2018	Apple	29
2018	Huawei	20
2018	Motorola	2
2018	HTC	55
2018	Sony	12
2019	Samsung.	16
2019	Apple	8
2019	Huawei	4
2019	Motorola	3
2019	HTC	12
2019	Sony	15
2020	Samsung.	51
2020	Apple	28
2020	Huawei	4
2020	Motorola	45
2020	HTC	12
2020	Sony	16

Insert the data into Google Sheets and choose ChartExpo from the list of Extensions as shown below.

When you click on ChartExpo, the add-on will be loaded in the right corner of your screen. Here, you will have to click the Create Chart icon.

Next, choose the Comparison Non-Sentiment Chart from Comparative Analysis Chart option.

Now, you can easily create a chart from your data set. To create a chart, you’ve got to choose your chart name, and provide information for the metrics and dimensions. After that, click the Create Chart option.

A chart similar to the one below will be displayed.

It’s easy to identify the mobile brand that generates the most sales from the chart above. When you’ve identified such a brand, you can easily focus your energy and investment on building it and making the business more profitable.

You see, visualizations like the one above help business owners to make comparisons and analyze any data set. This way, you get to draw insight from such a chart.

FAQ:

What is Comparison Chart Template?

A comparison chart template provided by ChartExpo that lets users to create comparison charts within minutes. Zero coding skills are needed.

When to use a comparison chart?

Ideally, comparison charts are used to check out the similarities and differences between products or to compare two sets of data. Some people use the tool to check out multiple products (or services) before settling for one. What’s more, comparison charts display data in an easy-to-digest format.

What do you call a comparison chart?

Also known as comparison diagram or comparative diagram. It’s a kind of chart that is used to make a comparison between two or more items.

Wrap up:

Data is everything! Every large brand in the world invests heavily in data. Without data, your business is flawed. However, raw data, in itself, is of no use to you — you’ve got to translate it into digestible information. And that’s where data visualization comes into play.

To create stunning visuals, you’ve got to use graphs, maps, charts, and other forms of visual elements. ChartExpo not only offers a way of creating these elements, but also provides ways of digesting trends, patterns, and outliers in data.

ChartExpo doesn’t just present a fancy way of presenting data — it offers a way to help your mind capture relevant information and data in no time. By graphically representing data, the user gets to quickly capture, comprehend, and analyze to compare the chart data.

Now you have a good grasp of what comparison charts are, and how to create them using a comparison chart maker, what kind of data will you be representing with the charts?