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Strategies to Claim Discounts and Maximise Promotions for Startups

  • Writer: UK Ad Insider News
    UK Ad Insider News
  • Aug 11, 2020
  • 3 min read

Starting a new business means managing tight budgets and making every pounds count. One of the smartest ways startups can stretch their resources is by learning how to claim discounts and take full advantage of promotions designed specifically for them. These savings can reduce costs on essential tools, services, and supplies, giving startups a better chance to grow without overspending. This post shares practical strategies to help startups identify, claim, and maximise discounts effectively.


Strategies to Claim Discounts and Maximise Promotions for Startups

Understand Where to Find Startup Discounts


Many companies offer special promotions tailored for startups, but these offers are often hidden or require some digging. Here are some common places to look:


Startup focused platforms: Websites like AngelList, Seedrs, or Startup Stash often list deals and discounts exclusive to startups.

Software providers: Many SaaS companies provide free trials, discounted plans, or credits for new startups. Examples include cloud services like AWS Activate, Google Cloud for Startups, and Microsoft for Startups.

Industry specific vendors: Depending on your startup’s niche, suppliers or service providers may offer discounts to attract new businesses.

Networking events and accelerators: Startup incubators and accelerators often partner with vendors to provide discounts or free services to their cohorts.


Knowing where to look saves time and ensures you don’t miss out on valuable offers.


Prepare Your Startup to Qualify for Discounts


Many discounts require proof that your business qualifies as a startup. Preparing the right documentation and information can speed up the process:


Register your business: Have your business registration documents ready.

Proof of startup status: Some offers require you to show you are in early stages, such as incorporation date or funding rounds.

Business email: Use a company domain email rather than a personal one to appear more professional.

Financial information: Some discounts ask for revenue or employee count to confirm eligibility.


Being ready with these details helps you claim discounts quickly and without hassle.


Use Timing to Your Advantage


Timing plays a big role in claiming discounts. Here are ways to use timing strategically:


Sign up during promotions: Many companies run seasonal sales or startup specific campaigns. Subscribe to newsletters or follow vendors to catch these.

Leverage launch periods: When launching your startup, vendors may offer special deals to attract new customers.

Renewal and upgrade times: When renewing subscriptions or upgrading plans, ask about available discounts or negotiate better rates.

Bulk purchases: Buying in volume or committing to longer contracts can unlock better pricing.


Planning purchases around these timing opportunities maximises savings.


Use Timing to Your Advantage

Negotiate and Ask Directly


Many startups hesitate to ask for discounts, but vendors often expect negotiation, especially for new businesses. Here’s how to approach it:


Contact sales teams: Reach out directly to sales or customer service and explain your startup’s situation.

Highlight potential for growth: Vendors may offer better deals if they see your startup growing and becoming a long term customer.

Bundle services: Ask if combining multiple products or services can reduce overall costs.

Request trial extensions: If unsure about a product, ask for longer trial periods before committing.


Being proactive and polite in negotiations can unlock discounts not advertised publicly.


Track and Organise Discounts Claimed


Keeping track of discounts and promotions helps avoid missed renewals or opportunities. Use a simple spreadsheet or tool to record:


  • Vendor name and contact

  • Discount details and expiration dates

  • Requirements to maintain the discount

  • Renewal reminders


This organisation ensures you continue to benefit from discounts and can plan future purchases accordingly.


Leverage Community and Peer Recommendations


Startup communities are valuable sources of information about discounts and promotions. Engage with:


Online forums and groups: Platforms like Reddit’s r/startups or LinkedIn groups often share discount tips.

Local startup meetups: Networking events can reveal vendor deals exclusive to community members.

Mentors and advisors: Experienced entrepreneurs can recommend where to claim discounts based on their experience.


Learning from others’ experiences saves time and uncovers deals you might not find alone.


Use Discounts to Build Your Startup’s Budget

Use Discounts to Build Your Startup’s Budget


Claiming discounts is not just about saving money but also about reallocating those savings to other critical areas. For example:


  • Use savings on software subscriptions to invest in marketing or product development.

  • Redirect funds saved on office supplies to hire talent or improve customer service.

  • Apply discounts on cloud services to scale infrastructure without overspending.


By treating discounts as budget boosters, startups can accelerate growth and improve their chances of success.


 
 
 
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