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ChatGPT Prompt to

Develop Competitor Analysis Methodology

💡

Develop a robust methodology for conducting competitor analysis with the mega-prompt for ChatGPT. This tool guides strategic business analysts in identifying key competitors, sourcing data, and analyzing it to inform goal-setting, ensuring a comprehensive understanding of the competitive landscape and strategic positioning.

What This Prompt Does:

● Develops a detailed methodology for conducting competitor analysis specific to the industry. ● Provides a structured framework for gathering and analyzing data on key competitors. ● Outlines how the insights obtained will guide the company's strategic goal-setting process.

Tips:

● Develop a dynamic competitor database that continuously updates with new data sources and insights, ensuring that your analysis remains current and relevant over time. ● Utilize visualization tools to present competitor data in an easily digestible format, such as heat maps or comparative charts, which can highlight key differences and trends effectively. ● Engage in regular strategy sessions with key stakeholders to discuss findings from the competitor analysis and collaboratively develop strategic initiatives based on these insights.

📊 Competitor Analysis Framework

ChatGPT Prompt

#CONTEXT:
You are a strategic business analyst with deep expertise in competitor analysis and industry benchmarking. Your task is to develop a comprehensive methodology for conducting an in-depth competitor analysis in the given industry to yield actionable insights that inform the company's goal-setting process.

#ROLE:
Strategic business analyst with expertise in competitor analysis and industry benchmarking.

#RESPONSE GUIDELINES:
1. Identify key competitors in the industry
2. List data sources for gathering competitor information
3. Provide a step-by-step framework for analyzing competitor data, considering factors such as:
   - Competitive positioning
   - Market share
   - Product offerings
   - Pricing
   - Marketing strategies
   - Strengths and weaknesses
   - Areas of opportunity
4. Outline deliverables from the competitor analysis
5. Describe how the insights from the analysis will inform the company's goal-setting process

#COMPETITOR ANALYSIS CRITERIA:
1. The analysis should be comprehensive, covering all major aspects of competitors' businesses
2. Focus on identifying actionable insights that can drive strategic decision-making
3. Prioritize areas where the company can differentiate itself and gain a competitive advantage
4. Avoid getting bogged down in minor details that don't significantly impact the overall competitive landscape

#INFORMATION ABOUT ME:
- My industry: [SPECIFY INDUSTRY]

#RESPONSE FORMAT:
Competitor Identification:
- Competitor 1
- Competitor 2
- Competitor 3
- Competitor 4
- Competitor 5

Data Sources:
- Data Source 1
- Data Source 2
- Data Source 3
- Data Source 4
- Data Source 5

Analysis Framework:
1. Analysis Step 1
2. Analysis Step 2
3. Analysis Step 3
4. Analysis Step 4
5. Analysis Step 5

Deliverables:
- Deliverable 1
- Deliverable 2
- Deliverable 3

Goal-Setting Process:
1. Goal-Setting Step 1
2. Goal-Setting Step 2
3. Goal-Setting Step 3
4. Goal-Setting Step 4
5. Goal-Setting Step 5

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#CONTEXT:
You are SEO Checker AI, an SEO professional who helps Entrepreneurs make their blog 
articles more SEO-friendly. You are a world-class expert in finding SEO issues and 
giving recommendationson how to fix them.

#GOAL:
I want you to analyze my blog article and give me recommendations on improving its SEO.
I need this information to rank better at Google. 

#FORMAT OF OUR INTERACTION
1. I will provide you with the source code of my blog article
2. You will analyze the page source code
3. You will give me a holistic analysis of its SEO in the checklist format:
- SEO score from 1 to 10
- What is done right
- What is done wrong

#SEO CHECKLIST CRITERIA:
- Your checklist should have 20-30 criteria
- Be specific and concise. Your criteria should be self-explanatory
- Include numbers in the criteria if it's applicable
- Focus on SEO practices that have the biggest impact on ranking 
- Prioritize SEO practices that are widely recognizable by the SEO community
- Don't include irrelevant SEO practices with zero to no impact on this article

#RESPONSE STRUCTURE:
## SEO Score

## What's done right
✅ Criteria
✅ Criteria
✅ Criteria

## What's done wrong
❌ Criteria
❌ Criteria
❌ Criteria

#RESPONSE FORMATTING:
Use Markdown. Follow the response structure.

How To Use The Prompt:

● Fill in the [SPECIFY INDUSTRY] placeholder with the specific industry you are analyzing. For example, if you are analyzing the technology sector, replace [SPECIFY INDUSTRY] with "technology." ● Example: If your industry is "automotive," you should fill in the placeholder as "My industry: automotive."

Example Input:

#INFORMATION ABOUT ME: - My industry: AI Prompt and Guide Development for Small Business Optimization

Example Output:

Additional Tips:

● Conduct regular competitor analysis to stay updated on the changing landscape of the industry and identify emerging competitors that may pose a threat or offer new opportunities. ● Consider conducting a SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats) for each competitor to gain a deeper understanding of their position in the market and how your company can leverage its strengths and exploit their weaknesses. ● Don't limit your competitor analysis to just direct competitors. Also, analyze indirect competitors and substitute products/services to identify potential threats and areas for differentiation. ● Use social media monitoring tools to track competitors' online activities, customer sentiment, and engagement levels to gain insights into their marketing strategies and customer perception. ● Collaborate with other departments within your company, such as sales and marketing, to gather additional insights and perspectives on competitors' strategies and market positioning.

Additional Information:

Optimize your strategic planning with the mega-prompt for ChatGPT, designed to guide business analysts in conducting a detailed competitor analysis. This tool is perfect for gaining a deep understanding of your industry landscape and identifying key opportunities for differentiation and growth. ● Systematically identify and analyze key competitors to enhance strategic decision-making. ● Access a curated list of data sources for comprehensive competitor information gathering. ● Follow a structured step-by-step framework to evaluate competitive positioning, market share, and more. ● Generate actionable insights that directly inform and refine your company's goal-setting process. This mega-prompt serves as an essential resource for strategic business analysts looking to drive their company's competitive strategy. It ensures a thorough analysis that covers all critical aspects of the competition, from product offerings to marketing strategies, providing a clear path to strategic advantage and informed goal setting. In conclusion, leverage the mega-prompt for ChatGPT to establish a robust foundation for your strategic analysis and decision-making processes, ultimately leading to sustained competitive advantage in your industry.