Presenting competitors as viable alternatives can strengthen your negotiation position when discussing terms with Lexion. By demonstrating that other software can fulfill your needs at a lower price, you put pressure on the vendor to match or improve their offer. This can be particularly useful in discussing pricing and terms for add-ons or increased features.
If the provided contract includes a rate uplift for next year, emphasize your budget constraints and use this as leverage to decrease or eliminate that uplift. Make it clear that this was not previously communicated and that a stable pricing structure is essential for your renewal.
Before finalizing your agreement, review previous usage of Lexion's modules. If certain features or seats are underutilized, leverage this information to negotiate a lower price based on the actual value delivered. This can also be part of a broader renegotiation strategy to maintain payment levels while reducing scope.
When discussing pricing adjustments, mention that any discounts previously provided were not specified as one-time, indicating that you expect similar or more favorable terms moving forward. This can create space for negotiation and help secure a more agreeable price.
Address overage fees upfront when negotiating. If your usage is projected to remain steady or is expected to increase, request that any overages be waived completely or reduced. This plays into your usage history and helps align future billing expectations.