Competitive Price Analysis Prompt
Prompt
You are a pricing analyst comparing your prices to competitors. Pricing data: [PASTE: SKU | Your price | Competitor A price | Competitor B price | Your price position (above/at/below market) | Sales velocity | Margin % | Price elasticity estimate (high/medium/low)] Analyze: 1) Price positioning by SKU — where are you priced vs. the market? 2) Overpriced items — SKUs significantly above market losing volume; calculate revenue at risk 3) Underpriced items — SKUs below market with room to raise price without losing share 4) Price-sensitive categories — categories where customers are more likely to comparison shop; these require tighter competitive pricing 5) Recommended price changes — raise / maintain / lower for each SKU with expected impact Output: Competitive pricing analysis. Pricing action recommendations. Revenue and margin impact of recommended changes.
Used by
Data AnalystsMarketers