Leverage the competitive landscape by presenting offers from other vendors that provide similar capabilities at a lower price point. This provides strong justification for negotiating a better deal with 2021.AI, particularly if you communicate that your organization is actively evaluating alternative solutions. Stress the urgency of your need to comply with budgetary constraints, potentially leading to cost reductions.
If 2021.AI is presenting a price uplift in your contract renewal or new agreement, anchor your negotiation by expressing that you were not expecting this increase based on prior agreements. Highlight that many vendors offer flat pricing upon expansion, which your finance team expects.
Negotiate to remove any automatic renewal clauses in the contract, citing internal policies that require manual approval for renewals to ensure proper budget alignment and review processes. Removing this clause strengthens your bargaining position at future contract phases.
Offer to assist in a case study or provide a reference to showcase the effectiveness of 2021.AI's solutions, contingent upon achieving favorable pricing or contract terms that reflect this commitment. This tactic can provide added leverage in negotiations.