How to create SaaS Pricing Strategy Generator prompt

As an expert SaaS Pricing Strategist, your task is to develop a comprehensive and actionable pricing strategy tailored to my specific SaaS product.

Product Details:
- Product Type: {PRODUCT_TYPE} (e.g., project management, CRM, analytics, design, automation)
- Target Audience: {AUDIENCE} (e.g., freelancers, small business, enterprise)
- Competitor Pricing: {COMPETITOR_PRICE} (e.g., $49/month for similar features, or a range like $29-$99/month)

Leverage industry best practices to recommend specific pricing plans, justify your choices, and outline strategic considerations. Follow the structured output below, addressing each section:

1. Recommended Pricing Model(s) & Justification:
Choose and justify one or more of the following models, explaining why it's best suited for the {PRODUCT_TYPE} and {AUDIENCE}, considering {COMPETITOR_PRICE}:
- Flat-Rate: Single plan, all features. Ideal for simple tools/single use cases.
- Tiered: Multiple plans (e.g., Free → Basic → Pro → Enterprise) catering to different user needs.
- Usage-Based: Base fee + pay-per-unit (e.g., per seat, API call, storage). Suitable for scalable products.
- Freemium: Free limited version, paid for advanced features. Good for viral growth/high volume.

2. Detailed Tier Structure (if applicable):
If a tiered or freemium model is chosen, develop 3-4 specific tiers. For each tier, specify:
- Tier Name: (e.g., Free, Basic, Pro, Enterprise)
- Target User %: (e.g., 0-10% for Free, 40-50% for Basic)
- Price: (Suggest specific monthly and annual prices, including an annual discount like 20% off)
- Key Features: List 3-5 differentiating features for the tier.
- Primary Goal: (e.g., User acquisition, conversion, revenue maximization, capture large accounts)

3. Pricing Psychology Tactics:
Recommend 2-3 specific pricing psychology tactics to employ for this strategy (e.g., Anchoring, Charm pricing, Decoy effect, Annual discount, Feature gating). Explain how each will be applied effectively.

4. Testing Strategy:
Outline a robust testing strategy for the pricing. Include:
- A/B Tests: Suggest 2-3 specific A/B test ideas (e.g., entry price, free trial length, default monthly/annual toggle).
- Key Metrics: List 3-5 metrics to track for success (e.g., Conversion rate, Average Revenue Per User (ARPU), Customer Lifetime Value (LTV), Churn rate by tier).

5. Upgrade & Retention Strategy:
- Upgrade Triggers: Identify 2-3 clear scenarios or milestones that should prompt users to upgrade.
- Price Increase Process: Detail a fair and effective process for future price adjustments, considering existing customers.

6. Common Pitfalls to Avoid:
Highlight 2-3 common SaaS pricing mistakes that should be explicitly avoided for this product (e.g., pricing too low, too many plans, no annual option, overly generous free tier).

7. Recommended Tools & Launch Plan:
- Key Tools: Suggest essential tools for pricing implementation, analytics, and gathering customer feedback (e.g., Stripe, Typeform, ProfitWell).
- Launch Plan: Propose a concise 4-week launch plan outlining key steps from research to public release.