Introducing our "Local Market Analysis" template, designed to leverage Google Maps search results and Google Business reviews for an in-depth understanding of your local market.
This template guides you through a series of steps to analyze key locations, identify competitors, and evaluate customer reviews, providing a comprehensive overview of the competitive landscape.
It includes a structured process for identifying key locations within a specified city or area and compiling a list of top competitors in your industry.
It then focuses on evaluating customer reviews for up to five competitors, offering insights into their strengths, weaknesses, and overall reputation.
Following this, the template provides tools to analyze market saturation, helping you understand the density and distribution of similar businesses in the area.
Additionally, it includes methods to identify market trends, offering valuable insights into emerging consumer preferences and market shifts. Designed for businesses of all sizes—small, medium, or large—this template can be customized to meet specific market analysis goals, whether it's benchmarking against competitors, understanding customer satisfaction, or exploring new market opportunities.
The key input fields required for this template are
- The city or area of focus
- The specific industry or market
- The size of the company
- The primary objective of the market analysis.
Use this template to compile a final comprehensive report that consolidates all findings, providing actionable insights and recommendations for your business strategy.
Perfect for business owners, marketers, and analysts seeking to deepen their market understanding and make data-driven decisions.
Note: The default location is set to US and to english as a language. Remember to edit the template and change the location and the language both in the data extenders as well as on each prompt's output, based on your local area, to get results for your targeted location.
Prompt steps
For each line of your CSV these steps were executed
- Identifying Key Locations
- Create a List of Competitors
- Evaluate Competitor 1 Customer Reviews
- Evaluate Competitor 2 Customer Reviews
- Evaluate Competitor 3 Customer Reviews
- Evaluate Competitor 4 Customer Reviews
- Evaluate Competitor 5 Customer Reviews
- Full Report on Top 5 Competitor Customer Feedback Analysis
- Analyze Market Saturation
- Identify Market Trends
- Final Report
Input fields (CSV columns):
These fields were used in the template CSV
- City name or Area
- Industry, Field or Market name
- Company Size (Small, medium or big)
- Market Analysi Goal