Price Increase Letter – Sample Letter for Price Increase

Price Increase Letter – Sample Letter for Price Increase

When drafting a price increase letter, it's essential to maintain clarity and politeness. Start by addressing the recipient respectfully and clearly stating the purpose of the letter, including the details of the price increase such as the percentage and effective date. Provide a brief explanation for the increase, such as rising costs or improved product quality. Express gratitude for the recipient's support and offer assistance for any inquiries they may have.

Table of Contents:

Sample Letter for Price Increase

From,
The Manager,
__________(Name of the Company)
__________(Address)

Date: __/__/____(Date)

To,
__________(Name of the Company- if applicable)
__________(Name of the Client)
__________(Address)

Subject: Letter for the increase in price

Respected Sir/Madam,

Courteously, I am writing this letter on behalf of the __________(Company Name), this is to inform you that there will increase prices upto __________(Percentage of increase) in __________(Mention product) will put into effect from __________(Date). This increase is due to __________(Reason- increase in the price of raw materials/ increase in quality of product/ unavailability issues/ additional services/ manufacturing cost/ transportation issue, any other reason). All orders received on or after__________(Date) will be invoiced at the new price.

We wish to thank you for your support in all these past __________(Years/ Months) and hope that will understand the necessity for this price increase. If you have any questions regarding this, please feel free to contact us.

Yours Faithfully/Sincerely,

__________(Signature)
__________(Name)
__________(Name of the Company)

Live Editing Assistance

Live Preview

How to Use Live Assistant

The Live Assistant feature is represented by a real-time preview functionality. Here’s how to use it:

  • Start Typing: Enter your letter content in the "Letter Input" textarea.
  • Live Preview: As you type, the content of your letter will be displayed in the "Live Preview" section below the textarea. This feature converts newline characters in the textarea into <br> tags in HTML for better readability.

Additional Template Options

The letter writing editor allows you to start with predefined templates for drafting your letters:

  • Choose a Template: Click one of the template buttons ("Start with Sample Template 1", "Start with Sample Template 2", or "Start with Sample Template 3").
  • Auto-Fill Textarea: The chosen template's content will automatically fill the textarea, which you can then modify or use as is.

Download Options

Click the "Download Letter" button after composing your letter. This triggers a download of a file containing the content of your letter.

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Click the "Share via Email" button after composing your letter. Your default email client will open a new message window with the subject "Sharing My Draft Letter" and the content of your letter in the body.

Share via WhatsApp

Click the "Share via WhatsApp" button after you've composed your letter. Your default browser will open a new tab prompting you to send the letter as a message to a contact on WhatsApp.

Copy to Clipboard

If you want to copy the text of your letter to the clipboard:

  • Copy to Clipboard: Click the "Copy to Clipboard" button after composing your letter.
  • Paste Anywhere: You can then paste the copied text anywhere you need, such as into another application or document.

For printing the letter directly from the browser:

  • Print Letter: Click the "Print Letter" button after composing your letter.
  • Print Preview: A new browser window will open showing your letter formatted for printing.
  • Print: Use the print dialog in the browser to complete printing.

FAQs

  • Why is the company increasing prices?
    • The company may increase prices due to various reasons, including rising costs of raw materials, improvements in product quality, additional services offered, manufacturing expenses, or transportation issues.
  • When will the price increase take effect?
    • The price increase will be effective from the specified date mentioned in the letter.
  • How much will the prices increase by?
    • The percentage of the price increase will be mentioned in the letter.
  • Will the new prices apply to existing orders?
    • No, the new prices will apply to orders received on or after the effective date mentioned in the letter.
  • Can clients contact the company for further clarification?
    • Yes, clients are encouraged to reach out to the company for any questions or concerns regarding the price increase. Contact information is provided in the letter for assistance.

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