The ChatGPT prompt that optimized my pricing strategy

How to find the perfect price point that customers happily pay...

Hey, Pieter here, founder of ChatGPT Compass.

Are you wondering if you're leaving money on the table with your current pricing?

You're not alone. Pricing is one of the most challenging decisions for entrepreneurs, with studies showing that a mere 1% improvement in price optimization can lead to an 11% profit increase.

That's exactly why I created what I call the "Perfect Pricing Strategy" prompt - a simple ChatGPT tool that helps you analyze your market position and develop a pricing structure that maximizes both conversions and revenue.

This prompt works like an expert pricing consultant, guiding you through the psychology of pricing while considering your unique value proposition.

Here's the exact prompt I use:

[PERFECT PRICING STRATEGY PROMPT]

This prompt helps you:

• Identify the optimal price points for your products or services

• Structure tiered offerings that capture different market segments

• Create value-based pricing language that justifies your rates

• Develop testing strategies to validate your pricing decisions

I'm sharing this with you because pricing isn't just about numbers - it's about perceived value and positioning in the marketplace. This prompt helps you get both right.

Try it today with your current offerings. Simply describe your product, competitors, and target audience to ChatGPT using this prompt, and watch as it generates a comprehensive pricing strategy tailored to your specific situation.

If you use it, I'd love to hear how it impacts your conversion rates or average order value. Just reply to this email and let me know.

I'll be back tomorrow with another valuable prompt to help you grow your business.

To your success,

Pieter

Founder, ChatGPT Compass

P.S. This prompt is particularly powerful when reviewing existing products that have been at the same price point for a while. Many businesses find they've been significantly undercharging once they analyze their true value proposition.