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Redis Labs

Redis Labs, home of open source Redis, provides highly available and seamlessly scalable Redis Enterprise. Try our service or software for free today!

|Visit redislabs.com

How much does Redis Labs cost?

When negotiating with Redis Labs, emphasize the rapid growth and extensive customer base of Redis Enterprise, which includes over 6,800 paying customers. This showcases the product's acceptance and reliability in the market. Highlight your organization’s specific needs and how those can ideally be met by their offerings, such as Redis Cloud or Redis Enterprise, to strengthen your bargaining position.Discuss potential discounts based on the average contract value of $119,043.27 that Redis typically engages in. Leverage any competition you may be considering to negotiate better pricing or terms. Additionally, inquire about bundled services or add-ons, as these could provide extra savings and enhance the overall value of your purchase.
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How does Redis Labs price and package their products?
View pricing on Redis Labs's website
Product: 
Redis Cloud Annual
N/APayment TermsAnnual billing availablePopular FeaturesHighly available and seamlessly scalable Redis Enterprise

Negotiating with Redis Labs

Negotiation Tips

This tactic involves leveraging alternative quotes from competitors to negotiate better pricing and terms with your current supplier. It's essential to present the competitor's offer realistically and emphasize your preference for the current supplier while highlighting the financial constraints driving the need to consider alternatives.
By removing auto-renewal clauses from the agreement, you gain leverage in negotiations for future pricing and terms. Emphasizing this requirement as directed by your finance team will help ensure favorable terms upon renewal.
Anchor your negotiation by requiring that any uplift on your current contract is removed. You should point out that your budget constraints do not allow for increases and that you expect to maintain current pricing while negotiating any expansion.
When increasing the number of users or licenses, emphasize that this growth should result in lower per-user costs. Articulating the requirement for economies of scale reinforces your position to negotiate for better pricing reflecting an increase in volume.
Propose to act as a reference for the vendor's services and participate in a case study. This can be positioned as a valuable marketing opportunity for the supplier but should also yield reciprocal benefits in terms of pricing concessions.

Considerations when buying Redis Labs

OwnershipPrivate
Fiscal year endDecember 31
Best months to buyDecember, March, June
Payment TermsNet 30, Net 60
Upgrades/downgradesYes, Redis Labs 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 $200k.

Additional Info

What is Redis Labs?

Redis Labs, home of open source Redis, provides highly available and seamlessly scalable Redis Enterprise. Try our service or software for free today!
Redis Labs's 3 Product
Memcached Cloud
Redis Ltd. is a private computer software company headquartered in Mountain View, California.
Redis
Redis Ltd. is a private computer software company headquartered in Mountain View, California.
Redis Enterprise
Redis Ltd. is a private computer software company headquartered in Mountain View, California.
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