Here is a Sample Letter to inform customers of price increase.
[Reciever’s Name]
[Reciever’s Address]
[City, State, ZIP]
[Subject: Increase in Price – Always mention the subject in bold]
Dear [Reciever],
Let me avail this opportunity and thank you for being a prominent and true-hearted customer of [Company] over the years. At [Company], our customer satisfaction has always been a priority, and I hope we have done a capable job keeping your best interest first.
Unfortunately, due to the current financial situation, I regretfully inform you that we will have to increase the prices of our service/products. The price change for the products are as follows:
[Mention The products and their new price].
The price change will come into effect from [date]. Please note that our new prices will allow us to maintain the quality and allow you to serve better.
[Company] sincerely values your business, and we are glad to have customers like you.
Regards,
[Sender Name]
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