If you’ve decided to increase product prices, here’s a template you can use to write an announcement letter for price increases.
Good Day [name],
Due to the rising costs of production materials, we would like to inform you that we are increasing the price we charge for [product] from [current price] to [new price].
Please understand that we would do nothing to put a strain our good relationship with you. We wouldn’t implement this hike if it wasn’t absolutely necessary.
Thank you for doing business with us. We hope that this event would do nothing severe our long and fruitful partnership.
Other Free Letter Templates
- Congratulations Letter for a Newly Promoted Employee
- Acknowledgement Letter for a Project Estimate
- Announcement for a Closing Sale
- Announcement for Launching a New Product
- Acknowledgement for the Completion of a Delivery to a Customer
- Announcement for a Closing Sale (Version-2)
- Letter of Acceptance of Counter Offer
- Letter of Refusal of Counter Offer