Okuzeka
Sales & Retail vocabulary · Negotiation & Pricing

Renewal uplift

Meaning in sales & retail, with examples

nounAdvanced term

In sales & retail, renewal uplift means: An increase in the price or contracted value agreed when an existing customer renews.

In Turkish: yenileme fiyat artışı

How it is used

Clarify whether the uplift comes from a price increase, additional scope or both when comparing renewals.

Example sentences

  1. The renewal uplift was five percent with the same number of service visits.

    Holding scope constant makes the price increase visible.

  2. The customer accepted the renewal uplift after we explained the additional weekend coverage.

    A larger renewal value may accompany an agreed increase in service scope.

Common collocations

  • negotiate a renewal uplift
  • annual renewal uplift
  • renewalThe act of extending a contract or subscription for another period when the current one ends, or the new contract itself.
  • negotiateTo discuss the price, terms or conditions of a deal with the other side in order to reach an agreement that both can accept.

More terms: Negotiation & Pricing

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