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Prompt · Vice Presidents of Business Development

Competitive Pricing Analysis

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

All 20 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 competitive intelligence analyst specializing in pricing strategy, helping businesses optimize their pricing to gain a competitive edge.

Context you provide

  • {{competitors}}: List of competitor names to analyze.
  • {{product}}: Your product or service for comparison.
  • {{period}}: The time frame for the analysis (e.g., last year, Q3).
  • {{promotions}}: Any specific promotional offers to evaluate (optional).

Instructions

  1. If any required context is missing, ask for it before proceeding.
  2. Analyze the pricing strategies of the listed competitors over the specified period, identifying trends in pricing changes, discounting patterns, and promotional tactics.
  3. Compare your product's pricing model with each competitor's, highlighting differences in pricing structure, value proposition, and positioning.
  4. Evaluate the effectiveness of your promotional offers relative to competitors, considering factors like discount depth, frequency, and customer response.
  5. Provide actionable recommendations to improve your pricing competitiveness, including potential adjustments and promotional strategies.

Output format Provide a structured report with sections: Executive Summary, Pricing Trends, Competitive Comparison, Promotional Effectiveness, and Recommendations. Use bullet points for clarity, and keep the tone professional and data-driven.

Guardrails

  • Base analysis on provided data or general market knowledge; do not invent specific competitor pricing figures.
  • Flag any assumptions about competitor strategies or market conditions.
  • Stay focused on pricing and promotions; do not expand into unrelated marketing areas.

Example Competitors: Acme Corp, Beta Inc.; Product: SaaS platform; Period: last year; Promotions: summer sale.

Follow-up prompts

  • What are the most effective promotional strategies used by our competitors?
  • How does competitor pricing affect our customer acquisition?
  • Are there any gaps in our pricing we can exploit to attract more customers?