How to Develop a Competitive Analysis Report for my Business with Powerful AI Prompts

				
					Goal:

I want to develop a comprehensive competitive analysis report for my industry to better understand my competitors, identify market gaps, and refine my business strategy.

The report should highlight key competitors, their strengths and weaknesses, market trends, and opportunities my business can leverage to gain a competitive edge.

Return Format:

Provide a structured competitive analysis report that includes:

Industry Overview – A brief summary of the industry landscape, including market size, growth trends, and key challenges.
Top Competitors & Their Market Position – Identify the top 3-5 competitors, their market share, and what makes them successful.
Competitor Strengths & Weaknesses – A breakdown of each competitor’s advantages and vulnerabilities.
Market Gaps & Opportunities – Areas where competitors are underperforming or where there is unmet demand.
Strategic Recommendations – Specific actions my business can take to differentiate itself and gain market share.
Warnings:

Ensure the analysis is based on current industry data, avoiding outdated trends or assumptions.
Focus on real competitors—not just large corporations, but businesses that directly compete with mine.
Avoid generic advice—provide specific insights that are actionable and relevant to small businesses.
 

Context Dump:

For context: I run a small business in [Industry], specializing in [Core Product/Service]. My key competitors include [list a few competitors if known], and I want to understand how I can differentiate my business and gain a larger market share.

I am particularly interested in insights about [e.g., pricing strategies, customer experience, digital marketing tactics, operational efficiency], and I want to uncover market opportunities that my competitors haven’t fully tapped into yet.