Renewal negotiations present unique opportunities with Loom, as our data shows existing customers achieve 5-15% better discounts than new buyers due to proven usage patterns and reduced acquisition costs. The key is demonstrating value realization and growth trajectory. Leverage your usage data: Companies with high engagement metrics (50+ videos per user monthly, strong viewer completion rates) secure premium renewal discounts. Present quarterly usage reports showing adoption growth, time savings metrics, and specific business outcomes. This data justifies continued investment and often unlocks additional discounts. Expansion timing strategy: Bundle renewals with expansion plans for maximum leverage. Instead of renewing 100 users and expanding to 150 later, negotiate the 150-user renewal upfront. Our data shows this approach yields 12-18% better pricing than separate transactions. For example, a 100-user Business renewal might cost $19,584 annually, but bundling 50 additional users often results in $24,000-26,000 total cost versus $30,000+ for separate deals. Competitive leverage: Reference alternatives like Vidyard, Wistia, or internal solutions during renewal discussions. While switching costs are high, demonstrating market awareness often yields additional concessions. Request feature roadmap commitments, extended support, or pilot access to new capabilities as renewal incentives beyond pure pricing discounts.