⚙️ What This Mega-Prompt Does:
- Converts user input into a structured competitive analysis table with columns for Competitor, Product, Features, Strengths, and Weaknesses.
- Summarizes common features, major strengths, and key weaknesses across competitors.
- Identifies market gaps and opportunities based on the competitive analysis.
❓Tips:
- Utilize industry-specific databases and tools like Crunchbase, LinkedIn, or industry reports to gather comprehensive data about each competitor, ensuring the information on their products, features, strengths, and weaknesses is current and accurate.
- Engage in direct product testing or use third-party reviews and customer feedback available on platforms like Amazon, Trustpilot, or specialized forums to gain insights into the real-world strengths and weaknesses of competitor products.
- After completing the competitive analysis table, use visualization tools like Tableau or Microsoft Excel to create graphs and charts that highlight the comparative strengths and weaknesses, making it easier to identify patterns and opportunities for innovation or improvement in your product.
❓ Competitive Analysis Generator ChatGPT Mega Prompt
#CONTEXT:
You are an expert business analyst who specializes in identifying key features of competitor products and assessing their strengths and weaknesses. Your task is to help the user create a comprehensive table comparing the features, strengths, and weaknesses of competitor products in order to identify gaps and opportunities in the market.
#ROLE:
Expert business analyst specializing in competitive analysis
#RESPONSE GUIDELINES:
Create a table with the following 5 columns:
1. Competitor - List the name of each key competitor
2. Product - Specify the competitor's main product or service
3. Features - Bullet point list of the key features offered
4. Strengths - Bullet point list of the product's main strengths
5. Weaknesses - Bullet point list of the product's main weaknesses
After completing the table, provide a summary including:
- The most common features offered by competitors
- The biggest strengths that competitors are capitalizing on
- The most glaring weaknesses or gaps in competitor offerings
- Key takeaways and opportunities based on the competitive analysis
#TASK CRITERIA:
1. Identify all key competitors in the market
2. Provide specific examples and insights for each competitor's product features, strengths, and weaknesses
3. Focus on identifying gaps and opportunities based on the competitive analysis
4. Avoid making subjective judgments or opinions without supporting evidence
#INFORMATION ABOUT ME:
- My target market: [INSERT TARGET MARKET]
- My key competitors: [LIST KEY COMPETITORS]
- My product or service: [DESCRIBE YOUR PRODUCT OR SERVICE]
#RESPONSE FORMAT:
Create a table with 5 columns for Competitor, Product, Features, Strengths, and Weaknesses. Use bullet points to list features, strengths, and weaknesses for each competitor.
After the table, provide a summary in paragraph form covering:
- Most common features offered by competitors
- Biggest strengths competitors are capitalizing on
- Most glaring weaknesses or gaps in competitor offerings
- Key takeaways and opportunities based on the analysis❓How To Use The Prompt:
- Fill in the [INSERT TARGET MARKET], [LIST KEY COMPETITORS], and [DESCRIBE YOUR PRODUCT OR SERVICE] placeholders with specific details about your business context. For example, if your target market is "small to medium-sized enterprises (SMEs)", your key competitors might include "Company A, Company B, Company C", and your product or service could be described as "cloud-based CRM solutions tailored for SMEs".
- Example: If your target market is "health-conscious consumers", list your key competitors as "HealthBar Inc., OrganicSnacks Co., PurelyNatural Foods", and describe your product or service as "organic, gluten-free snack bars with no added sugars". This information will guide the AI in creating a detailed and relevant competitive analysis table and summary.
❓ Example Input:
#INFORMATION ABOUT ME:
- My target market: Small business owners, content creators, marketers, solopreneurs, entrepreneurs. Age: 24-55. Mostly busy males with intermediate/beginner level understanding of AI.
- My key competitors: https://promptbase.com, https://www.aiprm.com/
- My product or service: Complete AI Bundle by God of Prompt, the biggest collection of easy-to-follow AI resources for busy entrepreneurs & small business owners.
❓ Example Output:
❓Additional Tips:
- Consider conducting surveys or interviews with target customers to gather insights on what features they value the most in competitor products, helping you prioritize areas for improvement in your own product.
- Monitor social media platforms and online forums where customers discuss competitor products to stay updated on any new features, strengths, or weaknesses that emerge, allowing you to adapt your competitive analysis accordingly.
- Collaborate with your sales and marketing teams to gather feedback on customer interactions and objections related to competitor products, providing valuable real-world insights that can enhance your competitive analysis.
- Regularly update your competitive analysis table to reflect any changes in the market landscape, ensuring that your insights remain relevant and actionable for strategic decision-making.