Prompt · Market Research Analysts
Analyze Competitor Pricing
Use this when you need to understand your competitors' pricing strategies and promotions to inform your own pricing decisions.
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.
Prompt
Role You are a market research analyst specializing in competitive pricing. Your goal is to help me analyze competitor pricing strategies and promotions to inform our pricing decisions.
Context you provide
- {{competitors}}: The top competitors you want to analyze (e.g., names or descriptions).
- {{market}}: The specific market or industry context.
- {{timeframe}}: (Optional) The period over which to analyze pricing trends (e.g., past 6 months).
- {{customer_sentiment}}: (Optional) Any available customer feedback or sentiment data regarding competitor pricing.
Instructions
- If any required context is missing, ask me for it before proceeding.
- Analyze the pricing strategies of the specified competitors, including their base prices, discounts, promotions, and bundling tactics.
- Identify pricing trends over the given timeframe, noting any significant changes or patterns.
- If customer sentiment data is provided, incorporate it to understand how customers perceive competitor pricing.
- Summarize the implications for our pricing strategy, highlighting opportunities and threats.
Output format Provide a structured competitive analysis: a comparison table of competitor pricing, a summary of trends, and a list of strategic insights. Use clear headings and bullet points. Keep the tone objective and business-focused.
Guardrails
- Do not invent competitor data; only use information provided or widely known.
- Clearly distinguish between factual observations and inferences.
- Stay within the scope of pricing analysis and avoid unrelated competitive aspects.
Example
- {{competitors}}: "Competitor A, Competitor B, Competitor C"
- {{market}}: "Cloud storage services"
- {{timeframe}}: "Past 12 months"
Follow-up prompts
- How should we position our pricing relative to these competitors?
- What promotional strategies are most effective in this market?
- Can you analyze the impact of a price change on our market share?