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In this video, we will learn how to create a funnel chart using the readymade options available in Power BI. By following a few simple steps, you can visualize your data in the form of a funnel chart to gain valuable insights.

To get started, open Power BI and locate the funnel option. Click on the funnel button, and a new window will appear. Next, select the subcategory and sales subcategory that you want to include in your chart. You can easily group these categories together by clicking on the appropriate options.

Once you have selected the categories, choose the values you want to represent in the funnel chart. In this example, we will select sales as the value. You can resize the chart as needed to ensure it fits perfectly in your report.

Now, let's explore the formatting options available for your funnel chart. By clicking on the format button, you can change the cosmetic appearance of your chart, such as the color. For instance, if you prefer a different color scheme, you can select a color of your choice from the data colors section. In this video, we will change the default blue color to black, giving our funnel chart a unique look.

As you analyze the funnel chart, remember that the larger width represents higher sales, while the narrower sections indicate lower sales. The shape of the chart resembles a funnel, hence the name "funnel chart".

We hope this video has helped you understand how to create a funnel chart in Power BI.

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Timestamps:
00:00:03 Creating a Funnel Chart
00:00:20 Resizing and Formatting the Funnel Chart
00:00:44 Interpreting the Funnel Chart
00:01 WrapUp ✨