This tactic emphasizes presenting competing offers as leverage in your negotiation process. By making the supplier aware of competitors quoting lower prices or offering similar functionalities, you create a sense of urgency for them to match or better those offers. Use this approach to articulate your preference for etailinsights but stress that financial considerations lead your team to examine options seriously.
In negotiations with etailinsights, focus on removing any proposed uplift due to expected growth in usage. Highlight that your organization has not considered rate increases in its budget and that maintaining current pricing levels is essential as past agreements haven't included planned uplifts. This can help secure reductions or eliminate any increases altogether.
This tactic involves negotiating against auto-renewal clauses that may limit your flexibility in future negotiations. Communicate that your finance team has mandated the removal of auto-renewal to better control expenditure and to enable more transparent discussions about value assessment and budget approval.
Prior to finalizing your contract with etailinsights, ensure that you have at least two competitive bids. This tactic solidifies your negotiation position as it demonstrates a willingness to engage with other suppliers. Clearly state that budget considerations and competitive offers need to factor into any pricing discussions, and leverage this to create a more favorable outcome.
Offer to share your positive experience with etailinsights as a reference or through participation in a case study as a value-add contingent upon receiving favorable pricing. Articulate that such marketing contributions would help etailinsights, but they need to be matched with competitive financial incentives to justify the commitment.