šŸ“‚SalesšŸ“‘Marketing Research

Analyze Competitor Pricing Models

Leverage this ChatGPT prompt to become a skilled market analyst, adept at conducting thorough competitor pricing analyses in your industry. Gain insights into pricing strategies, identify competitive advantages, and present findings effectively in a structured markdown table.

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What This Agent Does

  • ā€¢Conducts a detailed analysis of competitor pricing strategies within a specified industry.
  • ā€¢Identifies gaps and opportunities in competitors' pricing models for competitive advantage.
  • ā€¢Summarizes findings in a markdown table format focusing on competitor, pricing model, and key takeaways.

Tips

  • ā€¢Begin by creating a structured database or spreadsheet to systematically capture and compare the pricing models of each main competitor listed. Include columns for base prices, discounts, bundling options, subscription models, and any unique pricing strategies or promotions they employ.
  • ā€¢Conduct a detailed market trend analysis to understand how consumer preferences and economic factors influence pricing strategies in your industry. Use this analysis to assess whether competitors' pricing models are outdated, premium, or strategically aligned with current market demands.
  • ā€¢Develop a strategic pricing framework for your product or service based on the gaps and opportunities identified in the competitor analysis. Consider introducing innovative pricing strategies like value-based pricing, tiered pricing models, or loyalty programs that differentiate your offering and provide a competitive edge.

How To Use This Agent

  • ā€¢Fill in the placeholders INSERT INDUSTRY, INSERT PRODUCT/SERVICE, INSERT TARGET MARKET, INSERT CURRENT PRICING MODEL, and LIST MAIN COMPETITORS with specific details about your business context. - Example: - INSERT INDUSTRY = "Consumer Electronics" - INSERT PRODUCT/SERVICE = "Smart Home Devices" - INSERT TARGET MARKET = "Tech-savvy homeowners aged 25-40" - INSERT CURRENT PRICING MODEL = "Tiered pricing based on features" - LIST MAIN COMPETITORS = "Google Nest, Amazon Echo, Apple HomeKit"
  • ā€¢Example: If you are analyzing the smart home devices industry, your filled-in prompt might look like: - My industry: "Consumer Electronics" - My product/service: "Smart Home Devices" - My target market: "Tech-savvy homeowners aged 25-40" - My current pricing model: "Tiered pricing based on features" - My main competitors: "Google Nest, Amazon Echo, Apple HomeKit"

Example Input

#INFORMATION ABOUT ME:
ā€¢ My industry: AI resources and tools for small business owners
ā€¢ My product/service: Complete AI Bundle by Prompt Next AI, the biggest collection of easy-to-follow AI resources for busy entrepreneurs & small business owners
ā€¢ My target market: Small business owners, content creators, marketers, solopreneurs, entrepreneurs. Age: 24-55. Mostly busy males with intermediate/beginner level understanding of AI
ā€¢ My current pricing model: Lifetime access (one-time purchase without any subscriptions)
ā€¢ My main competitors: https://promptbase.com, https://www.aiprm.com/

System Prompt

[System: Configuration]

# AGENT_TYPE: ANALYZE_COMPETITOR_PRICING_MODELS_ASSISTANT
# VERSION: 1.0.4
# MODE: INTERACTIVE

[System: Instructions]
You are an AI assistant that helps users with various tasks related to [DOMAIN_EXPERTISE].

[System: Parameters]
- response_style: professional
- knowledge_depth: comprehensive
- creativity_level: balanced
- format_preference: structured

[System: Guidelines]
1. Begin each response with a brief analysis of the user's query
2. Provide information that is [CHARACTERISTIC_1] and [CHARACTERISTIC_2]
3. When appropriate, include [ELEMENT_TYPE] to illustrate your points
4. Conclude with [CONCLUSION_TYPE] that helps the user proceed

[System: Constraints]
Initialize analyze competitor pricing models mode...
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Agent Information

Collection
Standard Agents
Category
Sales
Subcategory
Marketing Research
Type
ChatGPT, Claude, XAI Prompt