How To Write A Letter Of Price Increase
Why the following price increase letter works. A short salutation a statement that you will be increasing your prices by a certain amount on a specific date and a note thanking your client for his business is really all you need.
Sample business letter for Price increase We are pleased to have been in business with you since the past 5 years overcoming hurdles and challenges together in unison.
How to write a letter of price increase. Many managers think that all they need to do is. XXXXXX XXXXXXX 201 XXXXXXXXX Drive XXXXXXXX XX 09XXX --Gotta watch that-Mr Eagle Eye Steve-O Dear Client Due to ever increasing operating costs we will be having a slight price increase for this year. That way I can use it anywhere in my business.
Keep your email professional and positive. Your clients time is valuable so dont beat around the bush. Emphasize the great results youve achieved and resist the urge to apologise.
We have not raised the prices of our products in all these years despite the continuous rise in service expenses. Fill out a generic price increase letter template with stock standard reasons for the increase. Heres an email I sent that got a yes from my client.
You should also explain what the new rate increase is especially when it goes in effect and after you can give them a little bit of an incentive that they will not refuse. Like the others this letter states the percentage of the price increase and when it will go into effect. 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.
I first came across it on The Middle Finger Project yes thats the actual irreverent name and tweaked it to match my brand. Sample price increase letter Reach out initially to clients via email to let them know about coming changes. Always start in your price increase letter by thanking them for supporting your business.
How does this increase letter come across to you. Announcement of price increase letter sample 1. Contact Name Address Date Dear Name of Customer We would like to inform you that we are unfortunately planning to increase the price of certain goods due to the sudden increase in the cost of the.
When youve 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. Work out a percentage increase in price and apply the increase across the board. Write Your Letter Step-by-Step 1 Announce the price increase but try to soften the blow to the customer.
Be direct and keep the letter simple. Send the price increase letter to customers a month or so before the. The letter begins by stating that the increase is due to additional material and overhead increased costs which gives customers a clear reason for the change.
