Conduct a Detailed Market Analysis
“As a market research expert, analyze the market for [product/service] in [location]. My target customers are [describe demographics]. My main competitors are [list 2-3 competitors].
Please provide:
- Market size and growth potential
- Customer segmentation and needs
- Competitor strengths and weaknesses
- Potential market entry barriers
- Pricing trends
- Two emerging opportunities in this market
Additionally, suggest a unique selling proposition based on this analysis.”
Explanation:
This prompt generates a detailed market analysis report, covering market size, customer segmentation, competitor analysis, and emerging opportunities. It’s designed to help you identify your market position and potential growth areas.
Tips:
- Research your competitors before using the prompt for more accurate input.
- Be specific about your target customer demographics and psychographics.
- Use this prompt periodically to stay updated on market trends.
Example:
Input: “Fitness app in New York City, targeting busy professionals aged 25-40. Competitors: MyFitnessPal, Fitbit.”
Output: [Comprehensive market analysis provided, including customer segmentation, competitor strengths/weaknesses, and unique selling proposition suggestions]
