Sprout Social offers a range of pricing options to cater to different business needs. The 'Standard' tier is available at $249 per month, offering a comprehensive suite of social media management tools for businesses. The 'Professional' and 'Advanced' tiers are priced at $399 and $499 per month respectively, providing more advanced features for larger teams and more complex campaigns.
For enterprises with specific needs or larger deployments, Sprout Social offers an 'Enterprise' tier, where the pricing is provided on request. This allows for a customized pricing structure that aligns with business-specific requirements. The pricing does not include 'Bambu by Sprout Social' as it falls under a different default tier. Overall, Sprout Social's flexible pricing model allows businesses to choose the plan that best suits their budget and operational requirements.
Sprout Social | ||
---|---|---|
Avg Contract Value | $37,315 | $13,591 |
Deals handled | 37 | 100 |
Unique Purchasers | 32 | 60 |
Avg Savings | 14.02% | 0% |
For an effective negotiation process with Sprout Social, it's vital to leverage present knowledge about discount levers and commercial items.
One of the discount levers you could employ is to highlight the aggressive competition in this space. Reminding Sprout Social of their competitors such as Hootsuite, Loomly, Sprinklr, and Zoho Corporation Pvt. Ltd., might facilitate a more flexible negotiation.
Consider negotiating on longer commitment terms. Sprout Social, like many other SaaS providers, may be more likely to offer reduced pricing for clients who commit to longer periods. Just keep in mind that this approach should be balanced against potential for changes in your requirements over time.
Desire more negotiation tips? Sign up for a free forever Vendr account. Numerous negotiation insights for Sprout Social and other products are waiting to optimize your SaaS procurement process.
Here are some recent insights shared by our community on Sprout Social:
Learn more about how to leverage competitive evaluations and negotiation strategies by signing up for a free forever Vendr account. Also, you can gain additional insights such as the estimated time to implement Sprout Social, what to expect for your renewal, and other discount levers that can be implemented if you're stuck during the negotiation process. Currently, there are multiple community insights available for Sprout Social that could guide you through your procurement journey.