Getting your pricing wrong can sink even the best products. Too high, and potential customers bail. Too low, and you leave serious revenue on the table. The right monetization strategy not only maximizes profits but also positions your product for long-term growth.
This prompt helps you cut through the guesswork and design a pricing strategy that makes sense for your market, your business model, and your growth goals.
Here’s How to Use This Prompt Effectively
Provide a detailed product/service description – Include target audience, core features, unique selling points, and market positioning.
Clarify your goals – Are you aiming for rapid user acquisition, high lifetime value, or maximizing immediate revenue?
Specify constraints or preferences – E.g., preferred pricing model types, freemium options, or maximum/minimum price ranges.
Ask for actionable, real-world examples – Encourage the AI to suggest concrete pricing tiers, potential upsell paths, and revenue projections, revenue potential, and risk mitigation.
Iterate and refine – Feed back additional market info or competitive benchmarks to get an optimized, tailored strategy.
💡 Prompt to try:
You are a seasoned business strategist with expertise in SaaS, e-commerce, and digital products. I will describe a product/service, and your task is to analyze the best monetization and pricing strategies for it. Please provide:
1. A breakdown of potential pricing options like subscription, freemium, tiered, pay-per-use, or one-time purchase, including pros, cons, and ideal scenarios for each.
2. Recommended optimal pricing structure with a suggested price range that aligns with market demand and target audience..
3. Revenue scaling potential over time, including short-term and long-term projections.
4. Highlight key risks or drawbacks with the recommended strategy and actionable ways to address them.