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Quiq

Quiq is the leading conversational AI platform. Business messaging and chatbots power better conversations for support and commerce teams.

|Visit quiq.com

How much does Quiq cost?

When negotiating with Quiq, it's important to emphasize your organization's specific needs for conversational AI, as well as the potential customization requirements that may arise. Highlighting your unique use cases can help you secure a more tailored solution, which could give you leverage during discussions about contract terms and pricing.Given the company's average contract value of approximately $843,603, indicating a significant investment, you can explore various pricing tiers, negotiate for discounts based on volume, and aim for favorable payment terms. It would be beneficial to inquire about long-term commitments, as these often yield better pricing options.Additionally, take into account that Quiq's proposed price of $5,061,622.45 suggests substantial flexibility for negotiation. Aiming for a structured payment plan may also alleviate budget concerns while allowing you to secure the features and capabilities essential for your operations.
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How does Quiq price and package their products?
View pricing on Quiq's website
Product: 
Not specified
Not availablePayment TermsNot specifiedPopular FeaturesConversational AI platform

Negotiating with Quiq

Negotiation Tips

Leverage alternative vendors as a strategic negotiation tool. Present any quotes or proposals from competitors that demonstrate lower pricing or added value for similar functionalities. This can create urgency for Quiq to match or reduce their current offer to retain your business.
Conduct a thorough analysis of competitors and similar products available in the market that align with your needs. By presenting these options to Quiq, you can stress the need for more competitive pricing or features, ultimately strengthening your bargaining position.
If there is a proposed uplift in pricing, contest this by anchoring your negotiations to your budget constraints and market standards. Request the removal of the uplift and instead advocate for stable pricing that reflects your ongoing needs and existing scope.
Utilize the removal of auto renewal terms as a negotiating tactic to retain leverage over ongoing pricing and contract terms. This requirement from your finance/legal team can provide a strong stance in discussions about future pricing structures.
Offer to serve as a reference or participate in a case study in exchange for better pricing or terms. This type of non-monetary contribution can enhance your negotiation stance, especially if Quiq is looking for favorable reviews or testimonials.

Considerations when buying Quiq

OwnershipPrivate
Fiscal year endDecember
Best months to buyMarch, June, September
Payment TermsNet 30, Net 60, Annual upfront
Upgrades/downgradesYes, Quiq offers both upgrades and downgrades for its services, making it easy for users to adjust their resources as their needs change.
Redline thresholdRedline threshold estimate is $1m.

Additional Info

What is Quiq?

Quiq is the leading conversational AI platform. Business messaging and chatbots power better conversations for support and commerce teams.
Quiq's 1 Product
Quiq Messaging
Quiq is the leading conversational AI platform. Business messaging and chatbots power better conversations for support and commerce teams.
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