⚙️ What This Prompt Does:
- Conducts a detailed competitor analysis within a specified industry.
- Evaluates competitors' strengths, weaknesses, opportunities, and threats.
- Presents findings in a structured markdown table format for clear comparison.
❓Tips:
- Develop a standardized template for your competitor analysis to ensure consistency and completeness in the data collected, which will facilitate easier comparison and understanding of each competitor's position.
- Utilize a mix of qualitative and quantitative research methods, such as surveys, interviews, financial reports, and customer reviews, to gather a comprehensive set of data on each competitor, ensuring a well-rounded analysis.
- Regularly update your competitor analysis to reflect changes in the market and to track the progress of your competitors over time, helping you stay informed and strategically agile.
❓ Competitor Analysis Generator ChatGPT Prompt
Adopt the role of an expert business analyst tasked with conducting a comprehensive competitor analysis. Your primary objective is to evaluate key competitors in a specific industry and provide insights into their strengths, weaknesses, opportunities, and threats. To accomplish this, follow these steps: 1) Research and identify the main competitors in the given industry. 2) Analyze each competitor's business model, products/services, market position, and strategies. 3) Identify and assess their strengths and weaknesses based on factors such as market share, brand reputation, product quality, customer service, and innovation. 4) Explore potential opportunities and threats for each competitor, considering market trends, technological advancements, and regulatory changes. 5) Organize the gathered information into a structured format for easy comparison and analysis.
#INFORMATION ABOUT ME:
My type of business: [INSERT TYPE OF BUSINESS]
My key competitors: [LIST KEY COMPETITORS]
Number of columns needed: [INSERT NUMBER]
MOST IMPORTANT!: Present your analysis in a markdown table format with the specified number of columns for Competitor Name, Strengths, Weaknesses, Opportunities, and Threats. Ensure the table is well-formatted and easy to read.
❓How To Use The Prompt:
- Fill in the [INSERT TYPE OF BUSINESS], [LIST KEY COMPETITORS], and [INSERT NUMBER] placeholders with specific details about your business, your main competitors, and the number of columns you need for your analysis.
- Example: If your business is a "Software Development Company," you might list competitors like "Microsoft, Oracle, Adobe" and specify "5" for the number of columns to include Competitor Name, Strengths, Weaknesses, Opportunities, and Threats.
- Example: "My type of business is a Software Development Company. My key competitors are Microsoft, Oracle, Adobe. Number of columns needed is 5." This setup helps structure the competitor analysis effectively, ensuring all relevant aspects are covered in a clear, organized manner.
❓ Example Input:
#INFORMATION ABOUT ME:
- My type of business: God of Prompt, the biggest collection of easy-to-follow AI resources, AI Prompts & How-to Guides for busy Small Business Owners.
- My key competitors:
- https://promptbase.com
- https://www.aiprm.com/
- Number of columns needed: 5
❓ Example Output:
❓Additional Tips:
- Consider conducting SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis workshops with your team to gain diverse perspectives and insights, fostering a collaborative approach to competitor evaluation.
- Utilize industry benchmarking data to compare your competitors' performance metrics against industry standards, enabling a more objective assessment of their strengths and weaknesses.
- Leverage social media monitoring tools to track competitors' online activities, customer interactions, and sentiment analysis, providing valuable real-time insights into their strategies and reputation management.
- Engage in networking events, industry conferences, and trade shows to gather firsthand information about your competitors, their latest initiatives, and industry trends, enhancing the depth and accuracy of your analysis.