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SWOT analysis generation

SWOT analysis generation

SWOT analysis is a strategic planning tool that helps product managers assess a product’s market position by identifying its Strengths, Weaknesses, Opportunities, and Threats.[1] ChatGPT accelerates this by synthesizing market data into actionable insights. Begin with: "Generate a SWOT analysis for Spotify and Apple Music in the music-steaming industry. Include 4-5 points per quadrant based on their recent product launches, market position, and customer reviews."

For comparative analysis, prompt: "Create side-by-side SWOT analyses for Spotify and Apple Music. Focus on technology capabilities, content libraries, pricing models, and market expansion opportunities." ChatGPT will identify unique vulnerabilities and advantages for each competitor.

Deepen insights with follow-ups: "Which weaknesses could we exploit as opportunities? How might their strengths threaten our product roadmap?" This might help you uncover strategic moves competitors might make and helps you prepare countermeasures.

Pro Tip: Request SWOT analyses from different stakeholder perspectives for comprehensive insights.

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