Presenting other competitive offerings can provide leverage in negotiations by highlighting the price difference and value added features of competitors. It’s crucial to indicate that while your preference might lean towards Framer, the pricing discrepancies due to competitor quotes restrict your ability to proceed without adjustments.
If there is an uplift percentage included in the renewal or new agreement, anchoring previously allocated budget expectations can often help negate or greatly reduce those increases. It’s best to reference general industry practices or past agreements that typically do not impose such increases without corresponding levels of service or functionality enhancements.
Suppressing auto-renewal options within your contract can yield more favorable market-driven pricing next term as it ensures the negotiation context remains fresh each year. Align this strategy with clear communication of finance policies requiring yearly negotiation instead of binding agreements.
Offering to participate in promotional activities like case studies or references can create an avenue for price concessions as the vendor can leverage your business story for their growth.
If there’s a push for additional features purportedly based on security or compliance, challenging the necessity of these features while promoting competitive options providing similar capabilities for lower or no added costs can be effective.