Method 49 of 100 · Stage 5: Set a price and pre-sell

Competitor Pricing Map

Collect competitor prices into one table, convert them to price per unit of value and plot them to find an open spot for your price.

What is a competitor pricing map?

A competitor pricing map is a table and a simple chart that lay out what every alternative to your product charges, converted into the same unit, so you can see where prices cluster and where there is room. The unit is the trick: price per seat, per booking, per hour saved, per kilo, whatever your customer actually counts.

Raw price pages lie by design. One tool charges 29 euros a month for 3 users, another 9 euros per user, a third 290 euros a year with a cap of 500 bookings. Side by side on their own pages they look impossible to compare. Converted to “euros per booking for a 2-person business”, they line up on one axis, and the gaps jump out.

When should you use it?

  • Use it before you set your first price, and again before any price change.
  • Use it right after a competitor analysis grid, which tells you who the competitors are; this map zooms into what they charge.
  • Works for SaaS, apps, services, physical products, courses. For services, collect quotes and published rates; for physical products, use shop prices per unit.
  • Skip it when there is truly nothing comparable. In that case, map what customers pay for their current workaround: a freelancer, a spreadsheet, an agency, staff time.

How do you do it, step by step?

  1. List 8 to 12 alternatives. Include direct competitors, indirect ones (a generic tool people bend to the job) and the do-it-yourself option. Search “[problem] software pricing”, “[competitor] alternatives” and “[service] rates [your city]”.

  2. Capture each pricing page on one day. Save a screenshot and the date. Prices change, and you want a snapshot from the same moment. If a page says “contact sales”, note that as a data point too: it signals a higher-priced, sales-led product.

  3. Pick your unit of value. Ask: what does my customer count when they decide this is worth it? For a booking tool it is bookings or staff; for bookkeeping, transactions or hours; for a meal kit, portions. Choose ONE unit and one typical customer profile, say “a salon with 2 stylists and 300 bookings a month”.

  4. Build the table. Columns: competitor, plan name, list price, billing period, what’s included, limits, price for your typical customer per month, price per unit, free plan (yes/no), free trial length, notes. Calculate the “price for typical customer” by working through each plan’s limits honestly; this is where the hidden costs show up (extra seats, booking caps, payment fees on top).

  5. Plot it. In Google Sheets, make a scatter chart: price per month for the typical customer on the vertical axis, and a simple 1 to 5 score for how complete the product is on the horizontal axis. Clusters show the crowded spots. An empty area near customers’ real needs is your candidate position.

  6. Look at price history. The Wayback Machine at archive.org stores old snapshots of many public web pages. Open a competitor’s pricing page there and compare it with 1 and 2 years ago. Rising prices and removed free plans tell you the market will bear more; constant discounting tells you they struggle to sell.

  7. Decide your anchor. Anchoring means the first number a buyer sees shapes how they judge the next one. If the market leader charges 49 euros, a 29 euro price looks reasonable; if your page shows a 79 euro “Pro” plan next to a 29 euro “Starter”, Starter feels like a deal. Pick which price you want people to compare yourself to and put it where they’ll see it.

  8. Set up alerts. Add the 3 to 5 most important pricing pages to Visualping, which has a free plan, so you get an email when a page changes.

What does a worked example look like?

Say Mei, a hypothetical founder, wants to build booking software for small dog-grooming salons. Her typical customer: 2 groomers, about 250 appointments a month.

She maps 9 alternatives: 5 salon booking tools, 2 general schedulers, a pet-business suite and “paper diary plus WhatsApp”. Converting each to her typical customer reveals the surprises. A general scheduler advertised at 12 euros a month actually costs 36 euros once the second groomer and SMS reminders are added. The pet suite costs 89 euros but includes payments and vaccination records.

Her scatter chart shows a crowd of general schedulers between 25 and 40 euros with low fit for groomers, the pet suite alone at the top, and an empty area around 45 to 60 euros for a tool that handles dog profiles, vaccination reminders and deposits for no-shows. Wayback Machine snapshots show the pet suite has raised prices twice in 2 years.

She takes 49 and 59 euros into a price test, and on her pricing page she shows the cost of a single no-show next to her price.

Which free tools help?

Tool What you use it for Free plan
Google Sheets The pricing table, unit math and scatter chart Yes
Wayback Machine Past versions of competitor pricing pages Yes, free nonprofit archive
Visualping Email alerts when a pricing page changes Yes, limited number of pages
G2 or Capterra Finding alternatives and how buyers describe pricing Free to browse

What mistakes should you avoid?

  • Comparing list prices only. Seat limits, usage caps and add-ons change the real price by 2 or 3 times. Always calculate for your typical customer.
  • Ignoring the do-nothing option. For many small businesses the real competitor is a spreadsheet and some evenings. Put a price on that time.
  • Pricing at the bottom by default. Being the cheapest feels safe and attracts bargain hunters who leave for the next cheaper tool. Use the map to find an empty spot, which may sit higher.
  • Copying the leader’s plan structure. Their tiers fit their customers. Shape yours around the unit your customers count.
  • Mapping once and forgetting. Competitors change prices. Refresh the table every 3 to 6 months.

How do you know it worked?

You are done when you can say, in one sentence, where your price sits and why: “49 euros a month, above general schedulers because we handle grooming-specific work, below the full pet suite because we skip what small salons don’t use.”

Our rule of thumb for a good map: at least 8 alternatives, every price converted to the same unit for the same typical customer, and a chart with a visible gap. Go: you found a gap that matches a need from your interviews and your costs fit under it. No-go: every position is taken by a cheaper or better product. Narrow your segment or change what you offer before you price.

What should you do next?

Check the gap against what customers say with a Van Westendorp survey, then against what they do with a price test. Low-star reviews of the competitors on your map, read with competitor review analysis, show which pricing complaints you can solve. For a guided way to turn this into a full business model, try the startup game for women by Fe/male Switch, where an AI co-founder works through each step with you.

FAQ

How many competitors should a pricing map include?

Our rule of thumb is 8 to 12, mixing direct competitors, indirect tools and the do-it-yourself option. Fewer than 5 hides the clusters; more than 15 adds work without changing the picture.

What if competitors hide their prices behind “contact sales”?

Note it on the map as a sales-led, higher-priced option. You can also check review sites where buyers mention what they paid, or ask a few customers in interviews what they were quoted. Don’t pretend to be a buyer to get a quote.

Should I price lower than my competitors?

Only if you have a real cost advantage and a reason customers will switch for price alone. A very low price can make buyers doubt the quality, which is exactly what the “too cheap” question in a price survey picks up. Use the map to find a position where your product fits a need better, and price for that.

Updated 26 October 2026 · Written by the Fe/male Switch team

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