Introduce competition as an alternative to secure a better price from ClientSuccess. Assert that competitors are quoting lower prices or offering better terms for similar functionalities in the growth package. This approach has proven to yield the best outcomes as it shows you have viable alternatives that your finance team is considering.
Emphasize your company's growth and the need for equitable pricing based on your anticipated increase in users. This can request scaling discounts, making it clear that as you grow, the expectation is for the vendor to accommodate that growth with better pricing structures.
If your usage has decreased or you find that your budget is tighter than before, this tactic focuses on negotiating price reductions based on your current spend. Be clear with ClientSuccess that you need the pricing to reflect historical usage levels and budget constraints.
Engage ClientSuccess about any proposed uplifts in pricing during the renewal conversation. Make a case for removing any unexpected uplifts or price increases, as many suppliers recognize growth loyalty through stable pricing. Your goal is to keep costs static while expanding services.
If applicable, negotiate to waive overage fees during renewal discussions, especially if your usage is currently below forecast levels. Referencing previous agreements can aid in this request, highlighting that the goal is a partnership moving forward rather than just transactional.