In this blog post, we will provide you with a price increase letter sample. As you may know, it is important to keep your customers in the loop when there are changes made to your product or service. This letter can be used as a template to let your customers know about an impending price increase. By keeping them in the loop, you can avoid any surprises and ensure that they are still interested in doing business with you. Thanks for reading!
What is Price Increase Letter?
Price increase letters are generally sent out to customers when there has been an increase in the cost of goods or services. The purpose of the letter is to notify the customer of the price increase and to outline any changes that have been made to the product or service. Price increase letters can be a challenge to write, as it is important to strike the right balance between providing enough information and not sounding too sales-y.
However, by following a few simple tips, you can craft a Price Increase Letter that will help your customers understand the reasoning behind the price increase and continue to do business with your company. Price Increase Letters should:
- Be clear and concise: Customers should be able to quickly understand why there has been a price increase and how it will affect them.
- Be well-written: Price increases can be difficult to stomach, so it is important that your Price Increase Letters is well-written and free of errors.
- Include a call-to-action: Give customers a clear idea of what you want them to do after receiving the Price Increase Letters. Do you want them to continue doing business with you? Switch to a new product? Visit your website? Include a specific call-to-action that will make it easy
Price Increase Letter format
The email format for sending a letter is simple and includes just five essential parts:
- Subject line (How to write a good email subject line That Opened 10x)
- Greeting
- Opening line and body
- Ending
- Signature
Price Increase Letter
Template 1:
Hi FIRST_NAME, I hope you're doing well. We wanted to let you know that we will be increasing our prices on [date] by [amount]. We understand that this may cause some inconvenience, and we apologize for any problems this may cause. However, the increase is necessary in order to continue providing our high-quality service. If you have any questions or concerns, please do not hesitate to contact us. Thank you for your continued support. Sincerely, [Company Name]
Letter Template 2:
Dear [Customer], This email is to inform you of a price increase for our product/service. The new prices will be effective starting [Date]. Thank you for your understanding and continued support. Sincerely, [Company]
Template 3:
Hello, I hope this email finds you well. I am writing to inform you of a price increase that will be taking effect on [Date]. The new prices can be found on our website at [Website URL]. Thank you for your continued support of our company. We appreciate it immensely. If you have any questions or concerns, please do not hesitate to contact us. Sincerely, [Your Name]
Price increase letter to customers
Letter Template 4:
Hi FIRST_NAME, I hope this email finds you well. I am reaching out to let you know that we are planning to increase our prices on [date]. We understand that this may cause some inconvenience for you and we apologize for any inconvenience this may cause. We have decided to increase our prices because of the rising costs of doing business. Thank you for your understanding and continued support. If you have any questions or concerns, please do not hesitate to contact us. Best, [Your Company]
Template 5:
Hi FIRST_NAME, I hope this email finds you well. I am writing to let you know that we will be increasing the prices of our products/services starting from [Date]. We have done our best to keep the price increase as low as possible, but the cost of doing business has continued to rise. The good news is that despite the price increase, our products/services are still among the most competitive in the market. In addition, we will continue to offer a wide range of discounts and loyalty programs for our customers. If you have any questions or concerns about the price increase, please do not hesitate to contact us at [Phone Number]. We look forward to continuing to serve you and thank you for your
Letter Template 6:
Hello, FIRST_NAME. I hope this email finds you well. We wanted to let you know that we will be increasing our prices starting on [Date]. We realize this may cause some inconvenience, but we are confident that the new pricing structure will benefit both our companies in the long run. If you have any questions or concerns, please do not hesitate to reach out to us. Thank you for your continued support. Best regards, YOUR_COMPANY
Short sample letter to inform customers of price increase
Template 7:
Dear Valued Customer, As you are probably aware, the cost of doing business continues to rise. In order to maintain our high standards of quality and customer service, we are unfortunately forced to raise our prices. The new prices will go into effect on (date). Thank you for your understanding and continued support. Sincerely, [Company Name]
Letter Template 8:
Dear Valued Customer, Unfortunately, we are having to raise our prices by [x amount]% starting on [date]. We hate doing this but unfortunately the cost of doing business has gone up and we need to adjust our prices to stay in business. We thank you for your continued support and hope that you understand the difficult decision we had to make. If you have any questions or concerns please do not hesitate to reach out to us. Sincerely, [Your Company]
Template 9:
Hi FIRST_NAME, We regret to inform you that we will be increasing our prices beginning next month. We have been working hard to improve our product and make it more affordable for you, but the rising costs of production have made it necessary for us to increase our prices. Thank you for your understanding and continued support. If you have any questions or concerns, please do not hesitate to contact us. Best, [Your Company]
Related: 11+ Request For Promotion Consideration Email Templates
Price increase notice sample
Letter Template 10:
[Company Name], I hope this email finds you well. I am writing to let you know that we will be increasing our prices as of [Date]. The new prices can be found on our website. We understand that price changes may cause some inconvenience and we apologize for any inconvenience this may cause. We appreciate your continued support and look forward to doing business with you in the future. Sincerely, [Your Company]
Template 11:
Dear Valued Customer, This is to notify you that we will be increasing our prices from [Date] onwards. The increase has been necessitated by the rising costs of production and other associated expenses. We would like to assure you that the quality of our products will not be compromised in any way, and we look forward to your continued support and patronage. Thank you for your understanding. Sincerely, [Your Company Name]
Letter Template 12:
Dear [Customer], We regret to inform you that, due to the rising costs of doing business, we will have to increase our prices starting on [Date]. The new prices will be as follows: [Product Price] We hope that you will continue to do business with us at these new rates. If not, please let us know before [Date] so that we can arrange a refund. Thank you for your understanding and continued support. Sincerely, [Your Company]
Price increase letter sample
Template 13:
Hi FIRST_NAME, I hope this email finds you well. I am reaching out because I wanted to let you know about a recent price increase for our product/service. The new prices will be as follows: ____ I understand that this may cause some inconvenience, and I apologize for any difficulties this may cause. However, the new prices reflect the current market conditions and allow us to continue providing our product/service at the highest quality possible. Thank you for your continued support, and please do not hesitate to contact me if you have any questions or concerns. Best, YOUR_NAME
Letter Template 14:
Hi [First Name], I hope this email finds you well. I am reaching out to you because our company is planning to increase prices for our products/services. We want to make sure that our customers are informed of the change in price as soon as possible. I was hoping that you could provide us with a letter template that we can send to our customers notifying them of the upcoming price increase. If you are able to help us out, please let me know and I will send you additional information. Thank you for your time! Best, YOUR_NAME
Template 15:
Hi FIRST_NAME, I hope this email finds you well. I am reaching out to you because [Company Name] is planning to increase the prices of its products and services starting from [Date]. We would like to extend an offer to continue receiving the same great service at the current price for a period of ____ months. If you have any questions or concerns, please do not hesitate to contact us at ____. Thank you for your time and we hope to receive your reply soon. Sincerely,
Announcing price increase
Template 16:
Hello [FIRST_NAME], I hope this email finds you well. We are writing to let you know that we will be increasing our prices as of [DATE]. This was a difficult decision, but it is necessary in order to continue providing our customers with the best possible service. Thank you for your continued support, and we look forward to serving you in the future. Sincerely, [YOUR_NAME]
Letter Template 17:
Hello [FIRST_NAME], I hope you are well. We wanted to let you know that we will be increasing our prices on [DATE]. The new prices will go into effect on that date. We understand that this may cause some inconvenience, and we apologize for the inconvenience. However, we believe that the new prices reflect the value of our product/service. If you have any questions or concerns, please do not hesitate to contact us. Thank you for your continued support. Sincerely, [YOUR_NAME]
Template 18:
Hello [FIRST_NAME], I hope this email finds you well. I am writing to let you know about some changes we will be making to our pricing structure starting next month. Due to the increasing cost of doing business, we will be raising our prices by [X%] starting on [DATE]. We understand that this may cause some inconvenience, and we apologize for the inconvenience this may cause. Thank you for your understanding and continued support of our company. If you have any questions or concerns, please do not hesitate to contact us. Sincerely, [YOUR_NAME]
Polite price increase notice
Letter Template 19:
Hi FIRST_NAME, I hope this email finds you well. I am writing to let you know of a price increase we will be making on [date]. The reason for the increase is because our costs have gone up, and we would like to continue providing you with the best service possible. Although we hate to do this, it is necessary in order to maintain the high quality of our product. We truly appreciate your business and hope that you understand. If there is anything we can do to help ease the transition, please don't hesitate to let us know. Sincerely, [Your company]
Template 20:
Hi FIRST_NAME, I hope this email finds you well. I wanted to be sure to let you know about a small price increase we will be making to our product [Product Name] on [Date]. This change is necessary in order for us to continue providing the best possible service and support for our customers. If you have any questions or concerns, please don't hesitate to reach out. We appreciate your business and are grateful for your continued support. Best, YOUR_NAME
Letter Template 21:
Hello, I hope you are doing well. We wanted to let you know that we will be increasing our prices soon. We didn't make this decision lightly, and we understand that it may cause some inconvenience. We appreciate your business and hope that you will continue to support us in the future. If you have any questions or concerns, please do not hesitate to contact us. Best, [Your Company]
Price Increase Letter subject lines
Subject lines and paragraphs should be direct, clear, and brief. State the purpose for writing in the first sentence. When possible, use company data or outside research to explain why there is a price increase and how it will affect customers. Writing with a positive spin will show that management has given the price increase thoughtful consideration.
After all, customers are more likely to respond positively when they see that management is being proactive about finding ways to improve the quality of their product or service. Finally, be sure to include a call-to-action so that customers know what steps to take next. By following these simple tips, you can ensure that your next price increase letter is clear, concise, and professional.
How to Start Price Increase Letter: 10 Effective Subject Lines
- “An important announcement about your subscription”
- “We’re making some changes”
- “A small change that makes a big difference”
- “A price increase you won’t even notice”
- “You’re getting more value for your money”
- “Same quality, new price”
- “We’re committed to providing the best value”
- “The cost of doing business is going up”
- “You deserve the best, and that comes at a cost”
- “We’re still the best deal around”
Related: 111 Price increase email subject line ideas & Samples
How to Start Price Increase Letter
Start Price Increase Letters – If you are planning to increases the prices of your products or services, it is important to communicate this change to your customers in a professional and effective manner. The following tips will help you write a price increase letters that will minimize customer backlash and maximize customer retention.
First, it is important to be proactive about communicating the price increase. Customers should not be surprised by the price increase – they should be given advance notice so that they can make alternative arrangements if necessary. Second, be sure to explain the rationale for the price increases in the letter. If customers understand why prices are increasing, they are more likely to be accepting of the change.
Finally, reassure your customers that despite the price increase, you remain committed to providing them with high-quality products and services. By following these tips, you can write price increase letters that will help to retain customers during this period of change.
How to END Price Increase Letter
How to End Price Increase Letter: There are numerous ways to end a price increases letters, but the three most common ways are listed below. Regardless of which method you choose, be sure to thank your customers for their continued loyalty and business.
Option 1: We understand that this may be difficult for some of our customers and we appreciate your understanding during this time. Thank you for your continued support.
Option 2: We hope that this doesn’t cause any inconvenience and appreciate your understanding. Thank you for your business.
Option 3: If you have any questions or concerns, please do not hesitate to contact us. Thank you for your continued support.
Conclusion
Price increase letters can be daunting, but they don’t have to be. With the right tone and a helpful template, you can increase your prices without causing too much customer backlash. Have you ever increased your prices? How did it go? Let us know in the comments below!
