Price a new product for my store

Work out a price from your real costs, margins and competitors, with a test plan.

You'll attach

Text only

Works with

ChatGPTClaudeGeminiGrokCopilotGrok Bot

How to use it

1. Open chatgpt.com or claude.ai (or another AI listed here).
2. Fill in the highlighted blanks ([PRODUCT], [AMOUNT], [AMOUNT OR FREE]…) below, or edit them after pasting.
3. Copy the prompt, paste it into the chat and send.

Help me price a new product: [PRODUCT].

My costs per unit: materials or wholesale [AMOUNT], packaging [AMOUNT], shipping to customer [AMOUNT OR FREE], platform and payment fees [PERCENT OR AMOUNT].
Competitor prices I've found: [LIST WITH LINKS OR NAMES].
My goal: [E.G. 50% MARGIN, BE THE BUDGET OPTION, PREMIUM].

1. Calculate my total cost per unit and the break-even price.
2. Give three price options (low, middle, premium) with profit per unit and margin for each.
3. Say which you'd pick and why, based on my goal and competitors.
4. Suggest a two-week price test I can run and what result would change your recommendation.
5. Point out any cost I may have forgotten.