Pricing Model Optimization
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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