Pricing Model Optimization

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Pricing Model Optimization

When to use: You're leaving money on the table or struggling with pricing strategy.

Prompt


Act as my revenue optimization advisor. I currently charge [existing pricing model] for my product/service.

Analyze and suggest optimized pricing models such as tiered pricing, freemium, value-based, or usage-based. Your analysis should include:

a) 3 alternative pricing models with detailed structure (tiers, features, price points)
b) Competitor pricing insights and positioning opportunities
c) Psychological pricing tactics (anchoring, decoy pricing, etc.) specific to my model
d) A/B test ideas with hypotheses and success metrics
e) Pros/cons of each model
f) Recommendation on which model will maximize both revenue and customer lifetime value

Present the final output in a decision-making framework with financial projections showing potential revenue impact over 12 months.
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About the author

Co-founder of Prompt Magic and ThinkingDeeply.ai Career Chief Marketing Officer