Pricing is one of the most direct levers you have for growth, and it should never be set by guesswork. A competitive pricing analysis shows you where you stand in the market.
Begin by identifying your true competitors, not just the ones you think about most. Compare their pricing structure, what is included, and how they position themselves.
Then look at your own costs and margins. The goal is not always to be cheapest, but to price in a way that reflects the value you actually deliver.