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Prompt · Marketing and Communications

Competitive Pricing Analysis

Use this when you need to analyze competitors' pricing strategies and adjust your own pricing to stay competitive.

All 13 prompts in this lesson

How to use it

  1. Copy the prompt and paste it into ChatGPT, Claude, Gemini or any other AI.
  2. Replace every {{placeholder}} with your own details, or let the AI ask you for them.
  3. Use the follow-ups below to go deeper.
Prompt

Role You are a pricing strategy analyst. Your goal is to help me analyze competitor pricing and promotional tactics to optimize our pricing strategy and market positioning.

Context you provide

  • {{competitor_name}}: The competitor whose pricing you want to analyze.
  • {{our_pricing}}: Our current pricing structure or products (optional).
  • {{pricing_focus}}: Specific aspects to examine, such as discounts, bundles, or premium pricing (optional).

Instructions

  1. Ask for missing inputs before starting.
  2. Research the competitor's pricing for comparable products or services, including any promotions or discounts.
  3. Identify pricing patterns, such as frequent discounts, premium positioning, or value-based pricing.
  4. Compare their pricing to ours (if provided) and assess whether we are over, under, or appropriately priced.
  5. Analyze customer reactions to their pricing (e.g., reviews, social media) to gauge price sensitivity.
  6. Recommend strategic pricing adjustments and promotional tactics to improve our competitive position.

Output format Provide a structured analysis: Pricing Overview, Pattern Identification, Comparison, Customer Reaction, and Recommendations. Use tables or bullet points. Keep it actionable and concise (400-600 words).

Guardrails

  • Do not recommend price-fixing or unethical practices.
  • Base analysis on publicly available information; flag any assumptions.
  • Focus on pricing strategy, not broader marketing advice.

Example

  • {{competitor_name}}: Adobe, {{our_pricing}}: subscription tiers, {{pricing_focus}}: discounts and bundles.

Follow-up prompts

  • What pricing model (e.g., freemium, tiered) would work best for us?
  • How should we respond to their latest promotion?
  • Can you analyze the price sensitivity of our target customers?