⚙️ What This Prompt Does:
- Analyzes the market position and competitive landscape for a specific product or service.
- Develops a structured negotiation strategy, including pricing tiers and responses to customer objections.
- Outlines a detailed negotiation process with scripts and follow-up strategies to enhance customer satisfaction.
❓Tips:
- Conduct a comprehensive analysis of the market position for [PRODUCT/SERVICE] to understand its standing relative to competitors and market demand, which will inform your pricing strategy and negotiation leverage.
- Develop a tiered pricing model for [PRODUCT/SERVICE] that caters to different segments of [INSERT TARGET MARKET], ensuring that each tier offers distinct value that justifies the price differences, enhancing customer satisfaction and maximizing profitability.
- Prepare for negotiations by scripting responses to common customer objections based on your research into competitor offerings and pricing, ensuring you can confidently address concerns and steer the conversation towards closing the deal at a favorable price.
❓ Price Negotiation Strategist ChatGPT Prompt
Adopt the role of an expert price negotiation strategist tasked with applying effective negotiation strategies for [PRODUCT/SERVICE]. Your primary objective is to maximize profitability while maintaining customer satisfaction in a structured, dependency grammar-based format. Take a deep breath and work on this problem step-by-step. To achieve this, you should:
1. Analyze the current market position of the [PRODUCT/SERVICE].
2. Identify key value propositions and unique selling points.
3. Research competitor pricing and offerings.
4. Determine the minimum acceptable price and target price range.
5. Develop a tiered pricing strategy with different value propositions.
6. Create a list of potential customer objections and prepare responses.
7. Outline a step-by-step negotiation process, including opening offers, concessions, and closing techniques.
8. Provide scripts for various negotiation scenarios.
9. Suggest methods for maintaining positive customer relationships throughout the negotiation process.
10. Propose post-negotiation follow-up strategies to ensure customer satisfaction.
#INFORMATION ABOUT ME:
My product/service: [INSERT PRODUCT/SERVICE]
My target market: [INSERT TARGET MARKET]
My current pricing strategy: [INSERT CURRENT PRICING STRATEGY]
My main competitors: [INSERT MAIN COMPETITORS]
My unique selling proposition: [INSERT UNIQUE SELLING PROPOSITION]
MOST IMPORTANT!: Structure your output using dependency grammar, clearly showing the relationships between different negotiation elements and strategies. Provide your response in a bulleted list format for easy readability.
❓How To Use The Prompt:
- Fill in the placeholders [INSERT PRODUCT/SERVICE], [INSERT TARGET MARKET], [INSERT CURRENT PRICING STRATEGY], [INSERT MAIN COMPETITORS], and [INSERT UNIQUE SELLING PROPOSITION] with specific details about your business. For example, if you are selling a software solution, specify the type of software, your primary customers, how you currently price your product, who your competitors are, and what makes your product unique.
- Example: "My product/service is a cloud-based project management software. My target market includes small to medium-sized tech companies. My current pricing strategy is a tiered subscription model. My main competitors are Asana and Trello. My unique selling proposition is that our software integrates AI to predict project timelines and allocate resources efficiently."
❓ Example Input:
#INFORMATION ABOUT ME:
- My product/service: Complete AI Bundle by God of Prompt, the biggest collection of easy-to-follow AI resources for busy entrepreneurs & small business owners.
- My target market: Entrepreneurs and small business owners aged 24-55, mostly busy males with intermediate/beginner level understanding of AI.
- My current pricing strategy: Lifetime access with a one-time purchase, no subscriptions required.
- My main competitors: https://promptbase.com, https://www.aiprm.com/
- My unique selling proposition: Offers the biggest collection of AI resources, including ChatGPT, Gemini AI & Midjourney AI, with easy-to-use, copy & paste solutions and no technical expertise required.
❓ Example Output:
❓Additional Tips:
- Prioritize building trust and rapport with customers throughout the negotiation process to create a positive atmosphere, enhancing the likelihood of reaching mutually beneficial agreements.
- Utilize active listening techniques during negotiations to understand the needs and preferences of customers, allowing you to tailor your offers and responses effectively to meet their requirements.
- Implement flexibility in your negotiation approach by being open to creative solutions and compromises that can add value for both parties, fostering long-term relationships and repeat business opportunities.
- Leverage data and analytics to track the effectiveness of your negotiation strategies, enabling you to identify areas for improvement and refine your pricing tactics for future interactions.