"Conduct a market research analysis focused on identifying recent trends within the [industry] that could impact [specific business aspect, e.g., customer demand, product development, marketing strategies]. Summarize findings in a way that highlights key opportunities or challenges these trends present for our business."
- Research Focus:
- Emerging Trends: Identify new technologies, consumer behavior shifts, or regulatory changes in the industry.
- Competitor Actions: Briefly examine competitor activities or recent market entries.
- Customer Preferences: Detail any observed changes in customer preferences or purchasing behavior.
- Opportunities and Risks: Summarize how these trends create opportunities or risks for our business.
- Output Format:
- Organize in a table format with headings for Trend, Description, Impact on Business, and Recommended Actions.
Be smart and conduct this to allow the user to have an overview of what to do next