To assist the CMO with extracting competitor pricing analysis using GPT-powered prompts for January course price and product pricing updates, the following information can be gathered:
Competitor Pricing Analysis:
- Price Range for Similar Courses:
- Identify the range of prices for similar courses in the market. What is the lowest and highest price point for comparable offerings in the industry?
- Average Price:
- Calculate the average price of similar courses offered by competitors. This would give insight into the general price expectation in the market.
- Course Duration and Content Comparison:
- Compare how the pricing aligns with course length, depth, and content. For example, do longer or more comprehensive courses tend to be priced higher?
- Market Positioning of Competitors:
- Investigate how competitors position their courses. Are they targeting premium customers with high-value courses, or are they positioning as budget-friendly options for a wider audience?
- Additional Factors Impacting Price:
- Analyze any added features that might influence pricing, such as certifications, instructor credentials, or access to exclusive materials.
By gathering this data, the CMO can have a clearer view of the competitive landscape, which will aid in making more informed decisions on course pricing updates.
Would you like assistance in formulating a GPT prompt to gather this data?
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