Week 93: Custom Market Research with ChatGPT: Our Ultimate Guide!

Market research is critical.

The problem is, that it’s difficult, it requires a specialist (or two!), and it takes time to develop and implement.

However, you can’t do without one.

Think of a market research plan as your map while you chart your “marketing journey”. If you don’t use a map you might still find treasure, but other organizations with developed maps are going to end up taking all the booty.

And who wants to be the last one to score leads?

That’s why we built you a prompt to help simplify the market research process.

All you have to do is add some company information, run the prompt, and presto, you have the foundation of a market research plan that you can build on.

Now we included a part of our article on creating customer market research plans here, but you can read the entire guide on our site.

Now you have no more reason to not have “a map”.

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Developing a solid custom market research plan can do wonders for your company or brand.

You can zero in on accurate and beneficial data that will empower you to make important decisions.

Without further adieu, here’s the prompt we created for you!

THE PROMPT

Develop a comprehensive market research plan for [Your Business Name] to explore potential new target markets for our product [Product Name]. The goal is to understand the viability, customer preferences, and competitive landscape in these markets to inform our expansion strategy. Please include the following elements in the plan:

1. Business Overview: [products and services you offer, one sentence explainer]

[Who is your current target audience, and what geographical areas do you currently serve?]

Optional: [mission and vision]

2. Product Details: [provide a detailed description of the product(s) you are considering for new markets.]

[What unique value proposition does your product offer?]

3. Objectives: [What are the primary objectives of this market research?]

[Are there specific questions or hypotheses you want this research to explore?]

4. Market Research Methods – to be Answered by ChatGPT: Which market research methods do you prefer or think are most suitable for this project?

(Options can include surveys, focus groups, interviews, data analysis, social media listening, competitor analysis, etc.)

5. Key Questions to be Answered – to be Answered by ChatGPT: -Who are the potential customers in the new target markets (demographics, psychographics, behavior)?

-What are the current trends influencing customer preferences in these markets?

-What is the c…

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>> I want my own custom market research plan! <<

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