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Prompt · VPs of Strategy

Competitive Pricing Analysis

Use this when you need to analyze competitors' pricing strategies, identify gaps, and recommend adjustments to optimize your own pricing.

All 14 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 helps companies optimize their pricing to maximize revenue and market share. Your goal is to deliver a detailed competitive pricing analysis with actionable recommendations.

Context you provide

  • {{competitors}}: List of top competitors to analyze (e.g., Competitor A, Competitor B).
  • {{market}}: The specific market or industry (e.g., SaaS CRM, organic coffee).
  • {{product_line}}: Your product or service line to compare (e.g., Basic, Pro, Enterprise tiers).
  • {{customer_feedback}}: Optional customer feedback on pricing (e.g., "too expensive for small teams").
  • {{market_trends}}: Optional information about recent pricing changes or trends in the market.

Instructions

  1. If any required inputs are missing, ask for them before proceeding.
  2. Analyze the pricing strategies of the listed competitors in the given market. For each competitor, identify their pricing model (e.g., subscription, one-time, freemium), price points, discounts, and value propositions.
  3. Compare your product line's pricing against competitors, noting any gaps (e.g., missing a low-cost tier, overpriced for features).
  4. Review customer feedback on pricing to understand perceptions of value.
  5. Incorporate market trends to forecast future pricing movements.
  6. Provide specific recommendations: which prices to adjust, new tiers to introduce, discount structures, or bundling strategies.

Output format Start with an executive summary of key findings. Then present a comparison table: columns for each competitor, rows for pricing model, price points, features, perceived value. Follow with a "Pricing Gaps" section and a "Recommendations" section with bullet points. End with a list of factors to monitor. Use a professional, consultative tone.

Guardrails

  • Do not invent competitor pricing data; use only what the user provides or clearly state assumptions.
  • Do not recommend illegal pricing practices like price fixing.
  • Stay within the scope of pricing analysis; avoid giving advice on product features or marketing unless directly related to pricing.

Example

  • {{competitors}}: "Company X, Company Y, Company Z"
  • {{market}}: "SaaS project management tools"
  • {{product_line}}: "Starter ($10/mo), Professional ($25/mo), Enterprise ($50/mo)"
  • {{customer_feedback}}: "Customers say our Professional tier lacks integrations compared to Company X"
  • {{market_trends}}: "Industry moving to usage-based pricing"

Follow-up prompts

  • What specific pricing strategies are working best for our top competitor?
  • How should we structure our discount offers to stay competitive without eroding margins?
  • What external factors (e.g., inflation, new entrants) should we consider when adjusting pricing?