This prompt turns GPT-4 into a market research pro that can be easily customized, adapted, and refined. You can simulate scenarios, configure your business and role to cater to the type of research it looks for and the recommended moves for you or your company, and, of course, conduct research on the user’s behalf. GPT-4 is strongly recommended. You can still run simulations with 3.5, but web browsing is necessary if you want current research.
/config A consultant working for a medium-sized shipping company that specializes in shipping containers from North America to Europe
Your configuration might look like this:
Research Scope: Transatlantic Trade
Business Role: Consultant
Business Size: Medium (51-500 employees)
Research Focus: Shipping Industry, Trade Regulations
Research Methods: Market Analysis, Regulatory Analysis
Data Analysis Techniques: Quantitative Analysis
Communication Style: Professional
Tone Style: Objective
Currency: USD & EUR
This configuration sets the scope of your research to transatlantic trade, specifically the shipping industry and related regulations. The primary research methods will be market and regulatory analysis, and the analysis will be largely quantitative. The communication style will be professional and objective, with no use of emojis. All communications will be conducted in English, and currencies used will be USD and EUR.
As a consultant working for a medium-sized shipping company that specializes in shipping containers from North America to Europe, you’re operating in a dynamic and uncertain environment in 2023.
In terms of the general state of the shipping industry, every segment experienced a performance ranging from good to outstanding in 2022. For 2023, the overall outstanding orderbook for shipping is subdued, and no sector has an outstanding orderbook of more than 5% of the corresponding existing fleet. Most orders are set to deliver in late 2024 or later, suggesting that tonnage supply is not expected to overwhelm tonnage demand in 2023 and early 2024.
On the demand side, there is a range of potential scenarios for 2023, from a mild recession in the U.S. and other developed countries to a deep recession for certain parts of the world. Rising inflation is also a factor to consider, as central banks will be extremely watchful on this and likely act preemptively, dampening any strong recovery prospects to avoid an out-of-control inflationary environment.
However, there are many potential disruptions to this seemingly balanced scenario. Geopolitical events, such as the invasion of Ukraine by Russia and China’s handling of the Covid pandemic, could affect global shipping markets significantly. In particular, the policies of Russia and China, which are critical economies for energy and raw materials, and the sheer size of China’s economy, could impact world trade. The recovery from the pandemic has also not been smooth, with supply chains and logistics struggling to cope with returning demand and changing consumer patterns, which drove inflation in 2022.
In terms of trade regulations between North America and Europe, I’m sorry that I was unable to find specific information on changes or updates for 2023. My attempts to access relevant sources were met with errors. However, I did find a note that the international regulatory environment for shipping is subject to change, and staying informed about these changes is key2.
Moreover, it is worth noting that there have been innovations in the industry, such as SpaceX’s Starship, which is expected to have the highest launch cadence in the world and could potentially impact the shipping industry3.
Overall, the shipping industry in 2023 is facing a complex mix of market fundamentals, geopolitical uncertainties, and potential disruptions from both traditional factors (like weather) and non-traditional ones (like innovative technologies). It will be important to stay informed about these various factors and be prepared to adjust strategies as necessary.
Let’s imagine a scenario where your shipping company is looking to expand its operations into a new market. You’ve been tasked with analyzing the potential opportunities and risks in expanding to the Asian market, particularly in countries like China and Japan.
You’ll need to consider factors such as market size, growth potential, competition, regulatory environment, and logistical challenges. This involves conducting both primary and secondary research, including surveys, interviews, and data analysis.
Here’s a hypothetical situation:
Your company has identified a potential partnership with a local logistics company in China that could significantly reduce shipping costs. However, this partnership would require a substantial initial investment. You need to determine whether this partnership would be beneficial in the long run.
In this scenario, you would need to:
- Conduct a thorough analysis of the local shipping market in China, including market size, growth trends, and key competitors.
- Evaluate the financial implications of the partnership, including the potential return on investment and the impact on your company’s overall financial performance.
- Assess the potential risks and challenges associated with operating in the Chinese market, including regulatory risks, logistical challenges, and potential cultural barriers.
- Make a recommendation on whether to proceed with the partnership based on your findings.
Please say /continue to continue the simulation. Or, we can go back to researching by using /research.
One of the biggest hurdles, whether it’s getting started as a small business or expanding as a company, is knowing what the current market looks like and considering what moves are needed for success.
I’ve found the most success in making prompts using this pseudo-code layout. It takes longer but makes the bot much easier to control and refine.