129 lines
4.5 KiB
Markdown
129 lines
4.5 KiB
Markdown
---
|
|
description: Design a pricing strategy — models, competitive analysis, willingness-to-pay estimation, and pricing experiments
|
|
argument-hint: "<product or pricing question>"
|
|
---
|
|
|
|
# /pricing -- Pricing Strategy Design
|
|
|
|
Build a pricing strategy from first principles: analyze pricing models, estimate willingness to pay, benchmark against competitors, and design pricing experiments.
|
|
|
|
## Invocation
|
|
|
|
```
|
|
/pricing SaaS project management tool moving from free to paid
|
|
/pricing Should we switch from per-seat to usage-based pricing?
|
|
/pricing [upload competitor pricing pages or current pricing data]
|
|
```
|
|
|
|
## Workflow
|
|
|
|
### Step 1: Understand the Pricing Context
|
|
|
|
Ask:
|
|
- What is the product? What value does it deliver?
|
|
- Current pricing (if any): model, price points, packaging
|
|
- What's the trigger? (new product, pricing change, competitive pressure, growth stall)
|
|
- Target customer profile and their budget context
|
|
- Any constraints? (contractual obligations, market expectations, competitive positioning)
|
|
|
|
### Step 2: Analyze Pricing Models
|
|
|
|
Apply the **pricing-strategy** and **monetization-strategy** skills:
|
|
|
|
Evaluate applicable models:
|
|
- **Flat-rate**: Simple, predictable — best for commoditized products
|
|
- **Per-seat/user**: Scales with adoption — best for collaboration tools
|
|
- **Usage-based**: Aligns cost with value — best for infrastructure and API products
|
|
- **Tiered**: Captures different willingness to pay — best for segmented markets
|
|
- **Freemium**: Drives adoption — best for products with network effects
|
|
- **Hybrid**: Combines models — best for complex products with multiple value levers
|
|
|
|
For each relevant model: pros, cons, fit for your product, revenue projection approach.
|
|
|
|
### Step 3: Competitive Pricing Analysis
|
|
|
|
Using web research:
|
|
- Benchmark pricing against 3-5 competitors
|
|
- Identify pricing model patterns in the category
|
|
- Note pricing trends (e.g., shift from per-seat to usage-based in B2B SaaS)
|
|
- Find pricing page screenshots and data points
|
|
|
|
### Step 4: Willingness to Pay Estimation
|
|
|
|
If the user has survey data or customer feedback:
|
|
- Apply Van Westendorp analysis (if data available)
|
|
- Segment willingness to pay by user type
|
|
|
|
If no data:
|
|
- Estimate based on value delivered, competitive anchoring, and market norms
|
|
- Design a willingness-to-pay survey the user can run
|
|
|
|
### Step 5: Generate Pricing Recommendation
|
|
|
|
```
|
|
## Pricing Strategy: [Product]
|
|
|
|
**Date**: [today]
|
|
**Current pricing**: [if applicable]
|
|
|
|
### Recommended Model: [Model Name]
|
|
|
|
**Why this model**: [rationale tied to product value delivery]
|
|
|
|
### Pricing Structure
|
|
| Tier | Price | Includes | Target Segment | Key Limit |
|
|
|------|-------|---------|---------------|-----------|
|
|
|
|
### Free / Trial Strategy
|
|
[What's free, what's gated, conversion triggers]
|
|
|
|
### Competitive Benchmark
|
|
| Competitor | Model | Price Range | Positioning |
|
|
|-----------|-------|-----------|------------|
|
|
|
|
### Revenue Projections
|
|
| Scenario | Assumptions | Year 1 ARR | Year 2 ARR |
|
|
|----------|-----------|-----------|-----------|
|
|
| Conservative | [X] | [Y] | [Z] |
|
|
| Expected | [X] | [Y] | [Z] |
|
|
| Optimistic | [X] | [Y] | [Z] |
|
|
|
|
### Migration Plan
|
|
[If changing pricing: how to transition existing customers]
|
|
- Grandfathering approach
|
|
- Communication plan
|
|
- Timeline
|
|
|
|
### Pricing Experiments
|
|
| Experiment | What We're Testing | Method | Duration |
|
|
|-----------|-------------------|--------|----------|
|
|
|
|
### Risks and Mitigations
|
|
| Risk | Likelihood | Impact | Mitigation |
|
|
|------|-----------|--------|-----------|
|
|
|
|
### Key Metrics to Track
|
|
- Conversion rate by tier
|
|
- Average revenue per user (ARPU)
|
|
- Upgrade/downgrade rates
|
|
- Churn by price sensitivity
|
|
- Price elasticity signals
|
|
```
|
|
|
|
Save as markdown.
|
|
|
|
### Step 6: Offer Next Steps
|
|
|
|
- "Want me to **create a monetization strategy** with alternative revenue models?"
|
|
- "Should I **run a market scan** to validate pricing assumptions?"
|
|
- "Want me to **draft customer communication** for the pricing change?"
|
|
- "Should I **design the A/B test** for pricing experiments?"
|
|
|
|
## Notes
|
|
|
|
- Pricing is the most powerful lever for revenue growth — a 1% improvement in pricing typically has 3-4x the impact of 1% improvement in customer acquisition
|
|
- Value-based pricing always beats cost-plus — start from customer value, not your costs
|
|
- The best pricing is simple to understand and predictable for the customer
|
|
- Freemium only works if free users generate value (network effects, word of mouth, marketplace liquidity)
|
|
- Always design a migration path for existing customers — pricing changes that alienate your base destroy trust
|