Price your products or services

intermediate⏱ Rough guide only: 1 hour

Last reviewed by Amara Lewis

How can AI help me price what I sell?

Give Claude or Perplexity your costs, time per item, platform fees, competitor prices and the hourly rate you want, and ask for a break-even price, a suggested range and ways to test it. Verify competitor prices yourself and check tax obligations in your country.

Copy-and-paste prompt

Swap the bits in [square brackets] for your own details.

Help me price my [product/service] in [country]. My costs: [materials, time per unit, fees, delivery]. Competitors charge roughly [prices, if known]. I want to earn at least [amount] per hour. Work out my break-even price, a suggested price range, and three ways to test it.

How to do it

  1. Open Perplexity or Claude and start a new chat.
  2. Copy the prompt below and replace everything in [square brackets] with your details.
  3. Read the answer and ask follow-up questions to adjust it.
  4. Check anything important yourself, then save or print the result.

What a good answer looks like

Illustrative example written by the AI My Day team to show the kind of answer you can expect. Real results vary.

Handmade candles Costs per candle: wax & wick £2.10, jar £1.20, label £0.20, platform & payment fees about 10% of price. Time: 15 min each; target £15/hour = £3.75. Break-even (incl. time): about £8.40 before fees → £9.35 with fees. Suggested range: £12–£16, depending on how yours compare with similar listings. Test: 1) list at £14 for 2 weeks; 2) try a 2-for-£25 bundle; 3) ask 5 buyers what they'd pay.

Recommended tools

Perplexity can look up competitor prices with sources; Claude is good at working through costs.

Perplexity

An AI-powered search engine that answers questions and shows the websites it used.

Free planbeginner

Claude

An AI assistant known for clear, natural writing and handling long documents.

Free planbeginner

Top tips

  • Include your time – it's a real cost.
  • Check tax rules for your country.

Frequently asked questions

Are the competitor prices accurate?

Check them yourself on the actual platforms.

Do I need to pay tax?

Possibly – check the rules on your government's website.

Useful sources

Related ideas

🚀 Side hustles

Test a side hustle idea

Rough guide only: 3–5 hours

🚀 Side hustles

Write listings that sell

Rough guide only: 20 minutes per listing

🚀 Side hustles

Create a month of social media posts

Rough guide only: 3–4 hours a month

🚀 Side hustles

Reply to customer reviews

Rough guide only: 5 minutes per review

← More on starting a side hustle · All side hustles ideas