Analyzing your competitors is a key stage of launching a new product, but it can take ages to get right:
Find the right competitors
Analyze their product pages
Look through thousands of reviews
Find common objections and opportunities
Summarize the findings
Make conclusions
With the new Prelaunch AI Market Research Assistant, you can analyze 1,000s of competitor reviews in under 60 seconds.
Using the AI Market Research Assistant is easy:
Describe your product category
Add 3-5 Amazon competitor links
Hit analyzy
Done!
Let’s look at each step in a little more detail.
Describe your product category
Give your Market Research a name.
This name currently won’t affect the results, but will help you identify it later. And we’re always looking into ways to improve the results based on product category specifics.
Add 3-5 Amazon competitor links
Just copy and paste 3-5 links of competitor products from Amazon.
Look for ones with lots of reviews to receive even more valuable patterns and insights.
Hit analyze
The AI Market Research Assistant pulls all of the reviews on those Amazon products and analyzes them in the background in under 10 minutes.
You can wait on this screen, or close the page and continue to work on your Prelaunch Validation while it finishes. Once it’s done, you’ll receive a notification.
The report shows any patterns, common objections, missing opportunities, favorite features, exceptions and outliers. And what it is that people value and would pay for in a product like yours.
Note: If you want to sift through all the raw data yourself, you can also access all of the raw reviews in your dashboard.
Check out the Prelaunch AI Market Research Assistant here.