Based on recent market data, Lucid Software offers dynamic pricing which varies greatly depending on the user count and contract length. Users who have been able to negotiate effectively, invoking budget constraints and competition, have managed to secure discounts of up to 31% off list price for 12-month renewals involving around two hundred users.
A popular approach to getting a lucrative deal is to sign a two-year contract while increasing the user count, a strategy that has resulted in a 10% discount on previously contracted costs. Another notable pricing insight is the potential for a 10% discount by holding firm on budget parameters. However, bear in mind that bundling Lucid Chart and Lucid Spark can attract increased costs.
Lucid Software | ||
---|---|---|
Avg Contract Value | $39,059 | $371,287 |
Deals handled | 116 | 41 |
Unique Purchasers | 94 | 33 |
Avg Savings | 13.53% | 9.17% |
While negotiating for Lucidchart, one effective discount lever you can use is to hold firm on your budget or leverage license growth in a two-year agreement. This strategy often results in obtaining discounts from the vendor.
In terms of commercial items, it's wise to push back on significant price increases that may be caused by combining different tools. This can help maintain the cost-effectiveness of your contract.
To access 3 more discount levers and commercial items to apply in your Lucid Software contract negotiations, sign up for a free forever Vendr account.
Gathering insights from the community can be incredibly valuable when considering a SaaS product like Lucid Software. Here are the two most recent insights shared by our community members:
These insights reflect the experiences of actual users and can provide a realistic perspective on what to expect during negotiations. For more detailed insights, including estimated time to implement Lucid Software, what to expect for your renewal, and other discount levers that can be implemented if you're stuck during the negotiation process, we encourage you to sign up for a free forever Vendr account. With a free account, you'll gain access to a wealth of knowledge, including a total of 14 community insights available for Lucid Software.