Create Price Check

This is your step-by-step guide on how to create a Price Check:

1. Navigate to Pricing Studies: From the left-hand menu, select "Pricing studies."
2. Select "Price check" study type
3. Define your study
4. 1. Survey Name: Enter a clear name for your study. This name will serve as the heading and will be used to locate your study.
   2. Product Description: Describe the product you are selling, using a generic name.
   3. 1. We recommend beginning the description with a lowercase letter unless using a proper brand name.
      2. Use the generic name using articles a/an or in plural.
      3. For example, "running shoes" or "a leather bag."
   3. Product Uniqueness: Detail what makes your product unique. Providing more detail here allows the AI to generate a more accurate and compelling introduction to the study.
   4. Intended Price: Enter the price you intend to set or your current price. This value will be used as a reference point in the final results and analysis.
   5. Product Quantity (Optional): This field is only relevant if you need respondents to be aware of the exact quantity included with the product.
4. Study audience: Select if you intend to use the Priceagent market panel, or contact your own audience. Note: For Free trial accounts, only own panel is available.

For studies using Priceagent Market Panel

1. Define target audience: Specify the geographic region you want to target and the language for the survey
2. Generate the Survey: Click "AI Generate survey".
3. 1. Note: If you receive a ❗️ on the "Preview" button, it indicates an issue that requires attention before proceeding.
3. Review Survey: review the generated survey. The introduction is the only section that is editable. All other questions are non-editable to ensure data consistency. The questions generated have been carefully been selected and reviewed by Priceagent experts to generate the best possible outcome.
4. Launch the survey: Click "Launch survey"
5. 1. Note: if launch is not possible, ensure you have enough credits on your account.
5. Data Collection: Sit back and relax while we collect insights and generate an analysis.
6. Analyze Your Results: The results are in – now it's time for you to do your analysis and make a pricing decision. Read more about your results and how to make the best possible decisions in the next articles. 

For studies using own audience

1. Redirect links (optional): Redirect links are used when you purchase panel from another supplier or need another system to track who completed the survey. If you leave them blank a standard end page will be shown to the respondent
2. Define target audience:
3. 1. Region and language: Specify the geographic region you want to target and the language for the survey
   2. Amount of Respondents: Input the number of respondents needed. This is how the system knows when to mark the study as complete. We suggest a minimum of 100 respondents for a robust data set and statistically significant results.
3. Generate the Survey: Click "AI Generate survey".
4. Review Survey: review the generated survey. The introduction is the only section that is editable. All other questions are non-editable to ensure data consistency. The questions generated have been carefully been selected and reviewed by Priceagent experts to generate the best possible outcome.
5. Launch the survey: Click "Launch survey"
6. 1. Note: if launch is not possible, ensure you have enough credits on your account.
6. Distribute the Survey Link: Start sending out your survey using the provided link to your target audience.
7. Data Collection: Sit back and relax while results are being collected and analysis generated.
8. Analyze Your Results: The results are in – now it's time for you to do your analysis and make a pricing decision. – now it's time for you to do your analysis and make a pricing decision. Read more about your results and how to make the best possible decisions in the next articles.