➡️ Step One: Gather The Information

Here are some prompts to gather and analyse the necessary information:

➡️ “I am going to give you some information about my business so you can analyse my demographic.”

Now feed the following information into ChatGPT:

✅ The specific industry and niche your business operates in. (eg, small business advice, online marketing, parenting, computing, seasonal gift items, fashion for men, home business, self improvement)

✅ Detailed descriptions of the products or services you offer or plan to offer (eg, quirky t-shirt designs, productivity planners, ‘how to ebooks, popular-culture themed mugs, a memoir-writing service)

✅ Any existing information on the kind of customer you are aiming for. Don’t worry if you haven’t got all the details yet – but you should need an idea of broadly who you are aiming for, eg small business owners and managers, parents with young families, eco-conscious Etsy shoppers in their 20s and 30s who are looking for gifts, middle aged home entrepreneurs running a part time business for the first time. If you are the target audience yourself, then you can use yourself as a basis, or think a family member, friend or colleague who you know would buy your products.

✅ Any customer feedback, and other relevant data you have collected in your P2P enterprise (Again, it’s okay if you don’t yet have any – but if you have already sold items to customers you might have had some responses or reviews.

Now use these prompts….

➡️ “What occupations or industries are most common among my target customers?”

➡️ “Estimate the income levels of my target market.”

Family and Lifestyle:

➡️ “What hobbies and interests are common among my target customers?”

Behavioural Traits:

➡️ “Tell me about the shopping preferences of my target market?”

Product or Service Usage:

➡️ “How can I measure the awareness of my product/brand among my target market?”

➡️ “Analyse the usage of competitor products/brands among my target market?”

Psychographic Information:

➡️ “Identify the values and beliefs common among my target market?”

Demographic Analysis:

➡️ “Can you guide me on how to analyse the demographic factors relevant to my business in the [industry name] industry?”

Psychographic Analysis:

➡️ “I need to understand the psychographic characteristics of my target audience for my [product/service name]. Can you assist?”

Behavioural Analysis:

➡️ “Help me analyse the behavioural factors that might affect the buying decisions of my target market for [product/service name]”

Competitor Target Market Analysis:

➡️ “I’d like to understand the target market of my competitors in the [industry name] industry. Can you help with this analysis?”

Goals and Desires:

➡️ “What are the primary goals and desires of my target customers in relation to [your product/service or industry]?”

➡️ “What aspirations do my target customers have that my product or service can cater to?”

Fears and Obstacles:

➡️ “What fears or obstacles might prevent my target customers from purchasing my product or service?”

➡️ “What common challenges do my target customers face that my product or service can solve?”

Pain Points:

➡️ “What are the key pain points my target customers experience in [your industry or product category]?”

➡️ “How could my product or service alleviate these pain points?

Worldview:

➡️ “What values, beliefs, or attitudes are prevalent among my target customers?”

Perceived Enemy:

➡️ “What or who do my target customers perceive as an enemy or antagonist to their goals?”

Previous Buying Experiences:

➡️ “What have been the previous buying experiences of my target customers in this industry?”

➡️ “What did they appreciate or dislike about those experiences?”

Social Media Behaviours:

➡️ “What social media platforms are most popular among my target customers?”

➡️ “What type of content do they engage with on these platforms?”

Copy and paste the answers onto and document and SAVE.

This is now your customer research document, which you’ll need for step two.