This single ChatGPT prompt can do hours of market research in minutes—here’s how

Market research can be a slow, fragmented, and difficult process, often involving tedious internet searches, questionable data sources, and time-consuming manual synthesis. This makes it a great candidate for some assistance from AI. What’s more, an update to a popular feature on ChatGPT has made it even better at doing this kind of work.  Imagine that you have a potential business idea but still need to validate how viable it actually is, identify primary competitors in your market, and develop an ideal customer persona. Instead of spending hours collating data, explains Dan McCarthy, an associate professor of marketing at the University of Maryland, you can use Deep Research, a ChatGPT feature that directs an AI agent to develop a comprehensive, well-cited report on any topic. Last week, OpenAI upgraded Deep Research with some new abilities. The feature now runs on GPT-5.2, one of the company’s most recent models (previously it ran on a much older o3 model),