How To Write A Price Increase Letter

Table of contents:

How To Write A Price Increase Letter
How To Write A Price Increase Letter

Video: How To Write A Price Increase Letter

Video: How To Write A Price Increase Letter
Video: How to Tell Clients You’re Raising Your Rate (and Sample Rate Increase Letter!) 2024, December
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Unfortunately, in our time, prices are only growing. Any organization with the next jump in prices for raw materials does the same - increases the prices of its products. Of course, this must be reported to everyone who purchases this product. This is especially true for partners with whom formal agreements have been concluded.

Rise in prices
Rise in prices

Instructions

Step 1

Before writing a letter about price increases, call the organization and ask if they have changed their details, if the leader has changed (since you will be writing the letter in his name). If you send a document with incorrect data, it may not be accepted, this can worsen relations between organizations.

Step 2

Never start a letter with the news of a promotion. This may result in termination of the contract. Start your letter by thanking for your cooperation. Next, you can describe the main advantages of your organization (how many years you have been working, what successes you have achieved). In a separate column, describe all the positive qualities of your product and cooperation with you. If your product has any positive changes, be sure to check it out.

Step 3

Next, write about the price increase. Emphasize that you are also uncomfortable with this situation. Describe all the nuances due to which the cost changes occurred, for example, an increase in prices for raw materials, utilities, customs clearance costs, etc. Indicate all items that were affected by the increase.

Step 4

If the prices for your products have not changed for a long time, be sure to write down how much. This will positively affect the perception of your letter.

Step 5

Be sure to indicate the date from which the new prices come into effect. Never write such letters retroactively; give your customers at least a couple of weeks' notice.

Step 6

If customers have any discounts, please indicate that they are still valid. You can write specific prices without discount and with a discount.

Step 7

The writing style should be business-like, do not apologize a few times, it may look ugly.

Step 8

At the end of the letter, be sure to sign (indicating your position), put a date and do not forget the phrase that you hope to continue cooperation. It is desirable that the letter is not very long, it is enough to write ½ A4 page.

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