Hi guys.
Welcome to this session.
So in this session we wanted to see what questions should we be knowing about
and asking about when we are planning to grow our business.
So for this as well we can make use of ChatGPT where we can ask ChatGPT
to tell us those questions which we need to know and need to know.
Answers for.
So let's start with one example.
Let's say I want to start off with a coffee shop
business, which I want to set up.
I want to know what are the ten questions
I can ask for opening about my own coffee shop?
I will be selling various drinks, breakfast and lunch and coffee
related merchandise like trendy items for drinking coffee at work.
So I want to know before I start this business,
what kind of questions and answers I should have with me.
So for that is itself, I can ask ChatGPT to help me with that.
So these are the questions which we can get.
What is the target demographic for my coffee shop
and how can I tailor my offerings to appeal to them?
What is the ideal location for my coffee shop to attract both foot and traffic?
Local loyal customers?
How can I differentiate my coffee shop from competitors in the local area?
Right.
So these are very valuable questions which we should be thinking about
and possibly by now figuring out the answers for it.
So let's say let's look at one of the questions over here.
What can we do about it?
Competitor's unique and specialty menu items I can start
means and experience is what I can work on.
Merchandise and coffee related products which I can sell.
Customer experience I can give better sustainability,
eco friendly practices, zero waste initiatives.
These are things which ideas for charge beauty
can make me stand out from my competition.
So you can see these questions can make a lot of difference
to your business in terms of how.
Because when you are starting a business,
it is a possibility that we might not know everything about it.
And that is where we are making use of ChatGPT to help us
come up with those important questions to answer.
Now, let us say
we also want to know the trends regarding
in the coffee business.
What has been the recent trends and what I need?
What will continue in the future?
So this also will really help me, in terms
of being relevant to my audience.
Specialty coffee.
Okay. Specialty coffee has been there.
Okay.
Health conscious coffee options, which I can consider putting out
because people are more health conscious now.
Sustainability and ethical practices.
Convenience and subscription services.
Also, I can think of starting innovation in coffee preparation.
Maybe you can try something different to prepare coffee.
Technology integration.
Coffee with a social mission.
This is also very good. experimentation.
experiential and interactive coffee spaces and so on and so forth.
So you can see these are very interesting ideas,
which really relates to the current scenario, which you can pick up
and then build on your coffee business or any kind of business for that matter.
So the idea is that we can use ChatGPT for asking the right questions.
Even in a scenario of when you are starting a new business of your own.