Emphasize removing the auto renewal due to a requirement of finance/legal to proceed with the contract. This tactic can help negotiate favorable terms and ensure you are not locked into any agreements without an option to reconsider.
Anchor at a budget requirement significantly below the uplift percentage to remove the uplift at renewal. Point out that budget constraints make it critical not to increase costs for the same service as a strategy for negotiating better rates.
Propose your willingness to participate in marketing efforts, such as case studies or references, contingent upon reaching favorable pricing terms. This can add value both to the vendor and your organization, enhancing your negotiation position.
Highlight that multi-year contracts are rare and require significant discounts. Use this approach to push for better pricing or shorter terms, emphasizing that your finance team prefers flexibility due to past experiences.
Present the costs offered by competitors that highlight potential savings. Communicate that better pricing is critical for your decision-making process, and underscore the need to evaluate alternatives if the terms aren’t favorable.