What is Lumen5?

Lumen5 is a video creation platform powered by A.I. that enables anyone without training or experience to easily create engaging video content within minutes. It simplifies the video production process, making it accessible for marketing teams, educators, and content creators to produce high-quality videos effortlessly. Lumen5's intuitive interface and powerful features help businesses enhance their content strategy and boost audience engagement.

How much does Lumen5 software cost?

Based on Vendr’s internal transaction data for Lumen5, the minimum price is $12,000 and the maximum price is $20,000. The average cost for Lumen5 software is about $16,000 annually.

Vendr community insights for Lumen5

Here are some recent insights from our community regarding Lumen5:

• "Secured additional $2K off $22K contract based on hard budget requirement."

How can I get a percentage off list price for Lumen5?

We currently do not have average savings data for Lumen5. However, by leveraging our expertise from completing over 40,000 deals across 5,000 suppliers and $4B+ in software spend with an average savings of 11%, we will ensure you always pay the best and fairest price. Vendr customers typically get a lower price than what is currently listed on Lumen5's official website.

How does Vendr help me get the lowest price on Lumen5?

Vendr uses insights from more than 2 unique purchasers and completed deals to help users get the lowest price on Lumen5 software. Here’s how we do it:

• Economies of Scale: By bundling purchases, we secure lower prices.
• Expected Growth: We leverage your company's growth projections to negotiate better terms.
• Multi-Year Commitments: Committing to longer terms can reduce costs.
• Quick Sales Process Signatures: Speeding up the sales process can lead to cost savings.
• End-of-Quarter Signatures: Timing purchases at the end of a supplier's quarter can yield better deals.
• Case Study References: Offering to be a case study can result in price reductions.

Vendr can assist you in achieving similar savings. Create a free Vendr account to get started.

What's the best way for me to get the lowest price for Lumen5 on my own?

Vendr's Premium Intelligence provides deeper community insights, pricing benchmarks, contract analysis, stack savings review, and SaaS experts on demand to put enterprise purchasing power into the hands of organizations that staff their own procurement teams. Here’s how it helps:

• Pricing Benchmarks: Compare prices to ensure you're getting a fair deal.
• Community Insights: Access real-world experiences from other users.
• Stack Savings Review: Identify potential savings across your software stack.
• Contract Analysis: Get expert reviews of your agreements.
• SaaS Experts on Demand: Consult with experts to optimize your procurement strategy.

Why do Department Heads prefer purchasing Lumen5 through Vendr?

Vendr eliminates unnecessary sales calls, outdated channel partners, and long sales cycles. This paves the way for:

• Faster Access to Software: Get up and running quickly.
• Elimination of Unnecessary Sales Demos: Save time by skipping redundant presentations.
• Accelerated Time-to-Value: Start seeing benefits from your software sooner.
• Budget Ownership: Maintain control over your spending.
• Adherence to Company Policy: Ensure all purchases comply with internal guidelines.

This translates into department heads maximizing software ROI and maintaining strong relationships with their finance and procurement teams.