Sample Letter for Price Increase of Goods
[Your Company Letterhead]
[Date]
[Recipient Name and Title] [Recipient Company Name] [Recipient Address]
Subject: Price Increase Notice
Dear [Recipient Name],
This letter serves as formal notification of an upcoming price increase for [product name(s) or product category] effective [date]. This adjustment is necessary due to [brief explanation for the price increase, e.g., rising raw material costs, increased production expenses, etc.].
We understand that any price increase can be challenging, and we have made every effort to minimize the impact on our valued customers.
[Optional: Highlight any value proposition or benefits that still make your products attractive despite the price increase, e.g., improved quality, new features, etc.]
We appreciate your understanding and continued support. If you have any questions or concerns, please do not hesitate to contact us at [phone number] or [email address].
Sincerely,
[Your Name and Title]
