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.
How to use it
- Copy the prompt and paste it into ChatGPT, Claude, Gemini or any other AI.
- Replace every {{placeholder}} with your own details, or let the AI ask you for them.
- Use the follow-ups below to go deeper.
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
- If any required inputs are missing, ask for them before proceeding.
- 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.
- Compare your product line's pricing against competitors, noting any gaps (e.g., missing a low-cost tier, overpriced for features).
- Review customer feedback on pricing to understand perceptions of value.
- Incorporate market trends to forecast future pricing movements.
- 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?