Here’s how to freeze your price for a year.

Microsoft is increasing its subscription prices for Microsoft 365 in March of 2022. It’s the first price increase in a decade. Expect to pay 20% to 40% more.

Beyond the price increase Microsoft is also changing how it sells M365. It’s a complicated situation and there’s bound to be some short-term pain as we all adjust.

Over the next few weeks, we’re sending our clients details of how the pricing change will affect your business.

Before March arrives, we need you to decide. You’ll have a choice of sticking with the rolling month by month contract and swallowing the price increase. Or you can commit to a 12 month agreement at current pricing.

The big benefit of an agreement is that it’ll lock your current pricing for a year. But there’s a downside – you’ll lose flexibility. You can not cancel or lower your licensing agreement. Your 12 month contract will be invoiced for payment in full for March.

During your contract you can increase the number of licenses you use… but you can’t decrease them.

In real terms, that means if you take on more staff, it won’t be a problem to give them access to the essential business tools they need.

But if your headcount goes down for any reason, you’ll still have to pay for the M365 licenses you no longer need.

Beginning March, you will not be able to move your Microsoft licensing to another IT support company during that contract.

The alternative to a yearly contract is to have a monthly rolling contract. You can add or remove licenses as needed, but overall, the price will be higher. For some businesses, that flexibility will be worth paying extra for, and better value long-term.

It’s worth thinking through your plans for the next 15 months before deciding.

If you want to talk through which option’s going to be best for you, please give iMedia Technology a call at 508-790-4171