Utilize the strategy of presenting competitors' offers as leverage in your negotiations with SaaSquatch. Highlight that another vendor is offering a better price for similar functionalities, and emphasize the potential churn if a satisfactory agreement cannot be reached. This tactic works best when you have firm details about competitors' pricing, emphasizing the stark differences in cost to make your case stronger.
Emphasize the need to remove any auto-renewal clauses from the agreement. This tactic is particularly effective as it gives your finance team greater control over the budgeting for future terms. Explain that adhering to this new requirement is necessary for moving forward with any purchases or renewals, which in turn strengthens your negotiating position.
Push for the elimination of any uplift in the renewal pricing by strategically conveying your budget constraints. Highlight that your forecast indicates only a certain percentage increase and that any uplift has not been previously agreed upon, creating a narrative that aligns your negotiation with their desire to maintain your business. Frame this within the context of consistent partnership and encourage more favorable pricing.
Offer to serve as a reference or to participate in a case study in exchange for better pricing or terms. Position your participation as a value-added proposition for SaaSquatch, framing it as contingent upon favorable pricing adjustments in the agreement. This tactic can often lead to substantial discounts as vendors value the marketing opportunity that comes from case studies.