After going through careful consideration regarding the increased price of raw materials and overhead costs, we are wiring this letter on behalf of our institution [Mention the name and details of the company] to inform all of you as our long-term supporter that, you have decided to increase the price of our products regarding [Mention the details] from the day [Mention the details].
We are publishing this notice to help you to manage and incorporate this change in our prices accordingly. While following the exception of some products like [Mention the details], the price of other products will get an increase of [Mention the amount].
Here is a list of those products, whose price is going to increase. Please be assured that we have made every possible effort to keep this increase to a minimum amount and we will continue to honor the current price structures up to [Date]. We have faith that we can easily win this critical time again with the help and support of our long-term customers and hard-working employees. We eagerly wish for your support in the future as well. Sometimes this increase can be minimal and sometimes it can be great, depending upon the situation of a particular economy.
Such an increase in rate or price must be communicated to the potential customers of the business by writing a formal price or rate increase letter. Many businesses also use a particular price or rate increase letter template in order to inform their customers about the price increase every time.
We have made every attempt to avoid the increase, but we refuse to compromise on quality. This is our only recourse. We think you will agree that the quality of Doe shoes should not be sacrificed.
We look forward to another year of association with you. The higher cost of steel has forced this increase. Still, excellent workmanship and retained value over a number of years make these vehicles good investments.
We appreciate your past patronage and look forward to serving your future transportation needs. Beginning November 1, we will enact an across-the-board four percent price increase. Our efforts to compete with our high volume competitors have eroded our profits considerably.
We hope to continue our excellent relationship with our clients, and assure you our quality of service will reflect a similar increase.
For the last three years, I have charged the same hourly rate for my services in spite of rising office expenses and salary increases. As much as I would like to maintain my rates for another year, I find that I must increase them to provide quality legal services to my many valued clients.
I value you as a client and want to continue serving you. If you have questions or concerns about this increase, please give me a call. In addition, you should write a letter in a professional tone and print it on company letterhead. The important components that should be discussed in a price increase letter are mentioned below;.
As its name implies that it is a professional document that is written for customers. It informs them of the increase in the price of products or services. However, this letter should be clear and emphasize. This letter informs the customers that why you are increasing prices. Likewise, the customer price increase letter this letter also informs the customers that you must increase the price of the products or services they buy from you.
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