S&P Global subscription costs optimisation
To reduce S&P Global subscription prices, consider the following strategies:
1. Evaluate Your Subscription Needs
Assess the specific services and data you actually use. Determine if you can downgrade to a lower-tier subscription that still meets your needs without unnecessary features.
2. Negotiate with S&P Global
Contact your S&P Global representative to discuss your current subscription. They may offer discounts or special pricing based on your usage or loyalty, especially if you express concerns about costs.
3. Bundle Services
If you use multiple S&P Global products, inquire about bundling options. Bundling services can often lead to reduced overall pricing compared to subscribing to each service individually.
4. Leverage Free Trials and Promotions
Take advantage of any free trials or promotional offers for new services. This can provide insight into whether additional services are worth the investment or if you can manage with your current subscription.
5. Monitor Usage and Optimize Access
Regularly monitor how frequently you access S&P Global services. If certain features or data sets are rarely used, consider eliminating them from your subscription to lower costs.
6. Consider Alternative Providers
Research other data and analytics providers to compare pricing and services. If S&P Global's offerings are not competitive, you might find a more cost-effective solution elsewhere.
7. Engage in Group Purchasing
If applicable, explore the possibility of joining a group purchasing agreement with other companies. This can lead to bulk discounts and lower subscription costs.
By implementing these strategies, you can potentially reduce your S&P Global subscription costs while ensuring you still have access to the necessary resources for your business needs.
Citations:
[1] https://www.spglobal.com/marketintelligence/en/campaigns/ratingsxpress
[3] https://www.spglobal.com/marketintelligence/en/campaigns/quality-program
[4] https://www.spglobal.com/marketintelligence/en/mi/products/commodity-coverage-global.html