article thumbnail

The Straightforward Guide to RFIs

Hubspot

In many cases, that research will start with a Request for Information (RFI). Not sure what an RFI is? What does RFI mean? An RFI or Request for Information is an educational tool used by procurement teams to understand the options available for solving a problem or completing a task. RFI vs RFP.

RFI 80
article thumbnail

20 questions to ask marketing automation vendors during a demo

Martech

But since these systems often come with hefty price tags, it’s important to cover all of your bases when navigating the purchase or upgrade process. What kind of support and training are included in the base price? Don’t hesitate to ask for a demonstration of the specific capabilities that you have identified in your RFI/RFP.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Marketing ops shouldn’t perform procurement

Martech

Regarding the fear of slowing things down, remember that RFI or RFP processes aren’t always warranted. While they are legally and ethically obligated to deliver the work contractually agreed to, they don’t have to do extra nice things like overlooking when a client has an overage of a pricing factor. More than just price.

article thumbnail

Questions to ask about conversion optimization platforms

Martech

Finally, decide whether or not you need to engage in a formal RFI/RFP process. Questions for vendor about pricing Although not all vendors require an annual contract, many do. Submit a list of the requirements you’ve identified to each potential partner and set a timeframe for them to reply. This is an individual preference.

article thumbnail

20 questions to ask customer data platform vendors during the demo

Martech

Decide whether or not you need to engage in a formal RFI/RFP process. Will there be a price increase when I renew next year — if so, how much? What is the level of support included in the price? This is an individual preference. However, be sure to give the same list of integrations to each vendor to facilitate comparison.

article thumbnail

Event planning terms glossary: 150+ event terms to know

SpotMe Blog

A blackout date is a specific period when you make your tickets or prices unavailable. Early bird registration is when you offer people the chance to buy a ticket for your event at a discounted price for a limited time when you first start promoting it. A Request for Information (RFI) is the step before a Request for Proposal.

article thumbnail

How to Choose an A/B Testing Tool in 2024

Convert

features, pricing, service, roadmap). RFI documents are similar, so a template like this would work. You’ll want to know The vendor’s track record The success story of customers similar to your organization Pricing References, and more But also importantly, get the name and contact info of the person responsible for answering the RFI.