Business OS
Governance & ComplianceCompany Policies

Price Increase

This template is used to formally announce a price increase to clients or customers. It provides a structured format for communicating the reasons for the increase, the new pricing, and its effective date.

Updated 15d ago
price increasecustomer notificationbusiness communicationpricing policycustomer relations

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

Date

{{date}}

Customer Information

{{customer_name}}

{{customer_address}}

Subject: Important Notice Regarding Price Adjustment for {{product_service_name}}

Dear {{customer_name}},

Introduction and Rationale for Price Increase

We are writing to inform you of an upcoming price adjustment for our {{product_service_name}}.

This decision was made after careful consideration and is necessitated by a combination of factors, including {{reason_1_e.g._rising_costs_of_raw_materials,_increased_operational_expenses,_technological_upgrades}}. We are committed to maintaining the high quality of our {{product_service_name}} and these adjustments are essential to continue providing you with the exceptional value and service you expect and deserve.

Details of Price Increase

Effective {{effective_date}}, the new price for {{product_service_name}} will be {{new_price}} ({{currency}}).

Please refer to the attached updated price list for a comprehensive overview of all new pricing for our products/services.

Any orders placed or services rendered before {{effective_date}} will be honored at the previous pricing.

Commitment to Service

We understand that any price adjustment requires adaptation, and we appreciate your understanding in this matter. We remain deeply committed to our partnership with you and will continue to strive for excellence in all aspects of our service and product delivery.

Our team is continuously working to innovate and improve our offerings, and we are confident that our enhanced {{product_service_name}} will continue to meet and exceed your expectations.

Questions and Further Information

Should you have any questions or require further clarification regarding these changes, please do not hesitate to contact your dedicated account manager, {{account_manager_name}}, at {{account_manager_phone}} or {{account_manager_email}}.

We value your continued business and look forward to our ongoing collaboration.

Sincerely

{{your_name}}

{{your_title}}

Signature Block

________________________

{{company_name}}

{{date}}

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