ChatGPT: How to Research Competitors in Minutes

May 22 / Ashley Gross

Overview

Competitive research is essential — but it’s also time-consuming. You dig through websites, scroll through press releases, skim social media, and compare pricing pages. It can take hours to get a clear picture.

ChatGPT cuts that time down to minutes. By feeding it the right prompts, you can get summaries, comparisons, and insights about your competitors — fast.

This guide walks you through:
  • Why ChatGPT helps with competitor research
  • What you’ll need
  • Step-by-step: How to research competitors with ChatGPT
  • Optional enhancements
  • Practical applications and a real-world example

Why Use ChatGPT for Competitor Research?

Traditional research takes manual effort.

ChatGPT gives you:

  • Quick summaries of competitor offerings
  • Fast comparisons between companies
  • Key messaging breakdowns (e.g., taglines, CTAs)
  • Insights from reviews, press releases, and FAQs
  • Strategic questions to explore your advantage


ChatGPT helps you understand not just what competitors do — but how they position and communicate it.

What You’ll Need

1. An OpenAI account
Free users can use GPT-3.5; GPT-4 offers deeper insight and reasoning.

2. Competitor Names or URLs
Even just company names are enough. But URLs to websites, product pages, or press kits will give more context.

3. A Research Goal
Are you comparing features? Studying tone of voice? Trying to find gaps? Know your goal before prompting.

Step-by-Step: How to Research Competitors with ChatGPT

Step 1: Start with a Simple Overview

Prompt:

“Give me a quick overview of [Competitor Name] — what do they do and who do they serve?”

ChatGPT will provide a summary based on what it knows (and what you tell it).

You can add:

“Their website is [URL]” to make the answer more accurate.

Step 2: Ask for a Feature Comparison

Prompt:

“Compare [Your Company] with [Competitor] in terms of features, pricing, and positioning.”

“What makes [Competitor] different from [Another Competitor]?”

ChatGPT will generate a side-by-side breakdown. You can even ask it to present it as a table.

Step 3: Extract Messaging and Tone

Prompt:

“Analyze the homepage of [Competitor URL]. What’s their tone, main CTA, and value proposition?”
“Summarize the key phrases they use to describe their product.”

This helps you understand how they frame their brand — and how yours can stand apart.

Step 4: Analyze Strengths and Weaknesses

Prompt:

“List the strengths and weaknesses of [Competitor] from a customer’s point of view.”
“What might users like or dislike based on their feature list and messaging?”

You’ll get a clear look at what gaps you can exploit — or areas to differentiate.

Step 5: Review Customer Sentiment

Prompt:

“Summarize common customer complaints about [Competitor] from online reviews.”
“What are customers saying about [Competitor]’s product on G2 or Trustpilot?”

If you add quotes or snippets from reviews, ChatGPT can help synthesize the feedback into clear themes.

Step 6: Get Strategic Recommendations

Prompt:

“Based on [Competitor]’s positioning and offerings, how can we stand out?”
“What should our product or landing page emphasize to compete with [Competitor]?”

You’ll get messaging ideas, content strategies, and value proposition angles.

Optional Enhancements

Want to dig deeper? Try these:

Ask for SWOT Analysis
“Give me a SWOT analysis for [Competitor]”

Brand Voice Breakdown
“What kind of tone and personality does [Competitor] use in their marketing?”

Persona Match
“Who is [Competitor] targeting? What’s their ideal customer profile?”

Market Positioning Map
“Position [Competitor], [Your Brand], and [Another Brand] on a 2x2 matrix based on price vs feature depth”

Practical Applications

You can use ChatGPT for competitive research to:

  • Prepare for a product launch
  • Improve your website messaging
  • Refine your positioning
  • Train your sales and marketing teams
  • Pitch to investors with market context

Case Study: Researching SaaS Competitors in 15 Minutes

Prompt Used:

“Compare [User’s Product] with Notion, Trello, and ClickUp. What are the differences in features, tone, and target audience?”

Result:

ChatGPT created a detailed comparison table with pros and cons for each tool. It also helped the user identify a messaging gap they could fill on their homepage.

Impact:

The user rewrote their homepage headline and value proposition based on the insights. Conversions increased by 22% over the next month.

Try it before your next product launch or marketing campaign!

You don’t need spreadsheets, dozens of tabs, or hours of research to understand your competitors.

With the right prompts, ChatGPT becomes your competitive research assistant — fast, clear, and always available.