Facing the expiration of a 10-year agreement, a prominent industry organization
needed to reevaluate and improve its approach to partnerships.
Challenge: The client, a leading organization supporting pharmacists in various practice settings, was heavily dependent on a long-term marketing partner. As the client’s 10-year agreement was about to expire, the organization needed to explore potential partner alternatives and renegotiation strategies for an optimal path forward.
Solution: Toptal’s market research team conducted expert market assessments, to evaluate the client’s options for future partnerships. Ultimately, the assessments helped leadership decide to renegotiate the current contract.
Outcome: Toptal’s evidence-based negotiating strategy is expected to save millions of dollars on the client’s upcoming contracts. Following a roadmap that maximizes negotiating leverage in the long term, the organization is primed for optimized spending for decades to come.