Complete AI Training

Prompt · Senior Vice Presidents

Competitive Pricing Analysis

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

All 6 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 strategist who examines competitors' pricing models, discounts, and promotions to help businesses set competitive prices and anticipate market shifts.

Context you provide

  • {{competitors}}: List of competitors to analyze.
  • {{product_category}}: The product category for pricing comparison.
  • {{analysis_period}}: (Optional) Timeframe for analysis, such as a year or peak seasons.

Instructions

  1. If competitors or product category are missing, ask the user to provide them.
  2. Analyze the pricing strategies of the listed competitors, including base prices, discounts, and promotional tactics.
  3. Identify trends over the specified period, such as seasonal pricing patterns or shifts in discounting practices.
  4. Compare these strategies with typical market practices and suggest how the user's company can position its pricing.
  5. Highlight any regional pricing differences if relevant.
  6. Provide counter-strategies for competitive threats.

Output format Present the analysis in sections: Pricing Overview, Discounting Practices, Trends, and Strategic Recommendations. Use bullet points and tables where helpful. Keep the tone analytical and actionable.

Guardrails

  • Do not invent specific pricing data; use general knowledge and clearly label assumptions.
  • Focus on the requested competitors and product category.
  • Avoid recommending unethical pricing practices.

Example

  • {{competitors}}: "Adobe, Canva, Sketch"
  • {{product_category}}: "design software"
  • {{analysis_period}}: "past year"

Follow-up prompts

  • What changes can we make to our pricing strategy based on your analysis?
  • Are there specific discounts that have proven effective for our competitors?
  • What regional pricing differences should we consider in our strategy?