Make sure to mention the date when the new price will be applied. Note: Make sure every customer who will be affected by the price increase is notified with a price increase letter one or if possible two weeks in advance. ![]() An invitation to reach out with questions or concerns.Final date to purchase the products at the lower price.Any exceptions to the rule should be noted.īe clear, concise, and explain if possible. For example, if the prices of an entire product line is to be increased by 6%, make this clear. Give a detailed explanation of the increase so there can be no misunderstanding. Write in a professional tone and print the letter on the company letterhead. It is essential to let your customers know that the increase cannot be avoided if you are to maintain the quality of the products you provide. ![]() Important: The primary purpose of a price increase letter is to notify all parties concerned about a price increase and to explain the reason behind the increase. This should be done before customers are informed so that everyone involved has the information they need to help customers understand the increase. The best way to do this is to circulate the price increase letter to sales and customer service employees, as well as executives. The most important part of raising prices is to make sure everyone in your company who works with customers is informed about the specifics of the increase. A well-written price increase letter can soften the inevitable blow. Although most customers understand that prices cannot stay static over long periods of time, price increases can create problems for them. ![]() Writing a letter informing your loyal customers, you must increase the prices of the products or services they purchase is never easy. A Price Increase Letter is a professional document in which a price increase for goods or services is announced to customers.
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