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Jon Khaykin came up with a clever way of leveraging GPT-3 to spot business opportunities 💡
Using “dog treats” as an example, his process looks like this…
- Scrape the URLs of existing dog treat products on Amazon
- Scrape all the customer reviews of those products
- Keep only the 1- and 2-star reviews
- Feed those reviews into GPT-3
Then prompt GPT-3 with the following…
Goal: Start a new dog treat business on Amazon
Request: Give me 5 things I should focus on in order to get ahead of the current competition
GPT-3 came back with some solid recommendations 😎
Jon reckons you could do something like this for competitors listed on any popular review site, such as Yelp, Google Maps, Capterra or G2.
You could also…
Use this framework to offer a SaaS to other businesses (e.g. monitor your competitors and figure out how to beat them with better features) 🤔