When you’ve grown to love a product or a service, learning you need to shell out more money to maintain the status quo can be a bummer. How the company approaches the price increase, however — from gathering data, to writing the price increase letter to customers, to implementation — makes a huge difference in how customers will interpret the decision.
Should you have any questions regarding our services, please contact our office at 555-5555. Customer service or your Doe sales representative will be happy to help you. Thank you for understanding that this price increase means that we can continue to maintain the superior standard of our products and services for the coming year.
How to write your price increase letter. When writing your price increase letter, you want it to be received well. Here’s a few tips on making sure your client takes the increase with ease: Direct and simple. When writing your price increase letter, don’t make it confusing. Be straight, honest, and to the point.Announcement of price increase letter -sample 1: (Date) Dear (Name of Customer), We would like to inform you that we are planning to increase the price of certain goods because of the sudden increase of the prices of raw materials. Since we still have some raw materials right now, the price increase will be made on (Target Date).Writing a price increase letter to your clients can be a daunting task. Here are some proven ways to write that letter, along with some examples and a template.
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When discussing a price increase in a business-to-business environment, it is important to remember that our customers have probably had to have the same discussion with their own customers. A company exists only as long as it earns a profit and it can only do that if it delivers a quality product or service at the right price.This means that the key to any conversation about raising the price.Read More
How to Write a Price Increase Letter.. Rent or mortgage payments, utilities, supplies and staffing costs add up -- if they increase, you may have to raise your rates. It is important to inform parents about rate increases in writing.Read More
Letters to customers are letters written by businesses to people or organizations who buy goods and services from these businesses. These letters can be addressed to specific customers or to all customers, depending on the issue.Read More
If you have been a valuable partner, a price increase should pose no problems in continuing the relationship. Be sure to have a few other people read the letter. What may sound good in your head may not translate well on paper. Having other perspectives will help you in writing a letter that successfully strengthens the relationship with your.Read More
Sample letter of Rate Increase Letter for Services and Rates revision format for business clients, hotels ,customers, companies, hospitals, agencies, schools, property dealers and many more. This letter is issued from a courier company like tcs, ocs, leopard etc for revising rates because of increase in charges.Read More
Sample letter format including spacing, font, salutation, closing, and what to include in each paragraph. Also review more letter examples and writing tips.Read More
Here's a simple rate increase letter that will get the job done, and can be customized to your business! Intro: Thank your client for their business, making sure to mention how long you've been working together if it's been a year or more.Read More
Sample letter to customer for informing price rise We would like to inform you that from 1st may 2014, our company, Lorex, will be increasing the prices of some our products by 11%. This price hike is something which is just unavoidable. Due to the influence of many factors, we had to take this decision to survive in the industry.Read More
Price increases are a normal part of doing business. Whether you need to raise prices to adjust to inflation or you want to offer an upgraded product, few businesses continue to offer the same price for an extended period of time. Stagnant prices often correlate to stagnant business prospects; and stagnation can kill a business. The result is that customers of all types are understanding of a.Read More