Competitive Analysis and Market Research
Understanding your competitive landscape is essential for strategic decisions. ChatGPT can help you structure analysis, generate insights, and think through competitive dynamics.
What ChatGPT Can Help With
| Task | How ChatGPT Helps |
|---|---|
| Structuring analysis | Frameworks and templates |
| Understanding competitors | General information and positioning |
| Identifying questions | What to research |
| Analyzing information | Synthesizing what you find |
| Strategic thinking | Implications and options |
Important Note: For current competitor information, you'll need to gather data from websites, news, financial reports, and industry sources. ChatGPT helps you organize and analyze that information.
Competitor Analysis Framework
Basic Competitor Profile
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Competitive Positioning Map
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SWOT Analysis
Competitive SWOT
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Comparative SWOT
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Market Analysis
Market Overview
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Porter's Five Forces
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Analyzing Competitor Information
Interpreting Public Statements
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Analyzing Product Changes
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Pricing Analysis
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Strategic Implications
Competitive Response Planning
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Identifying Opportunities
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Creating Competitive Deliverables
Competitive Battle Card
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Competitive Intelligence Brief
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Practice Exercise
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Key Takeaways
- Use frameworks - Structure helps ensure comprehensive analysis
- Gather current data - ChatGPT helps analyze, not source current info
- Think strategically - Move from data to implications
- Consider their perspective - What would you do in their position?
- Focus on actionable insights - Analysis should drive decisions
- Update regularly - Competitive landscape changes
- Verify assumptions - Test your hypotheses with real data
Competitive intelligence is only valuable when it informs action. Next, let's explore brainstorming and problem-solving techniques.
Quiz
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