Price Increase Announcement Letter: 4 Templates

There come certain situations in professional life where in spite of knowing that a particular decision might reward you with an unexpected reaction, you are helpless to still go on with it such as the increase in the price of products and services due to some unavoidable reasons.

So in order to frame the letter appropriately as much as possible, you can take the reference from some of the sample letters which are written by me which will make it easy for you.

Template: 1

Price Increase Announcement Letter

(Your name)

(Your address)

(Your contact information)

(Date)

(Name of the Recipient)

(Address of the Recipient)

(Contact Information of the Recipient)

Sub: Letter to Announce Price Increase

Dear (Name of the Recipient),

We, on behalf of our company (mention the name of the organization), would like to inform all of you about this unfortunate news that from the date of (mention the date), we are going to increase the prices of some of our goods and products. We are forced to take this decision to cope up with the continuous increase in the prices of the raw materials, which we use in our factory.

We have attached a list of the goods, which will get the new price with this notice for your help. Though we cannot stop this increase, be assured that we will try our best to satisfy you in every possible way.

 We hope to be more successful in the future with the help of our dedicated and trusted employees. We wish for your help and support as always. If you have any problem you can contact us at any time.

Hope you will be very happy and help us to complete this process with success.

Thank you very much as always,

Sincerely,

(Hand-written Signature)

(Date)

(Notary or witness if required)

price increase announcement letter

Template: 2

[Name of the sender]

[Insert the Sender’s Designation]

[Name of the company]

 [Contact details and address of the sender]

[Insert the Date of sending the letter]

To,

[Insert the Receiver’s Name]

[Designation of the receiver]

[Name of the company]

[Insert the Receiver’s Address]

[Contact details of the Receiver]

Sub: Letter to Announce Price Increase

Dear [Name of the recipient],

We would like to inform all of you on behalf of our company [Mention the named company] that we are forced to increase the prices of some of our products regarding [Mention the details] from the day of [Mention the details].

We are really sorry for this matter for this decision, but as due to the high increase of the prices of various raw materials of our products we did not have any other choice. We know that as our long-term supporters and customers you have to face some problems regarding this price increase. But we can assure you that, we will try to offer you total satisfaction in every way possible.

We have attached with this letter of announcement a detailed list of products which price has been increased.

We are confident that we can easily win this time again with the help of our trusted customers and employees. We hope for your support for the future as well.

Thank you very much.

Sincerely,

(Handwritten signature)

(Notary or witness if required)

price increase announcement letter

Template: 3

[Name of the sender]

[Insert the Sender’s Designation]

[Name of the company]

 [Contact details and address of the sender]

[Insert the Date of sending the letter]

To,

[Insert the Receiver’s Name]

[Designation of the receiver]

[Name of the company]

[Insert the Receiver’s Address]

[Contact details of the Receiver]

Sub: Letter to Announce Price Increase

Dear [Name of the recipient],

After going through careful consideration regarding the increased price of raw materials and overhead costs, we are wiring this letter on behalf of our institution [Mention the name and details of the company] to inform all of you as our long-term supporters that, you have decided to increase the price of our products regarding [Mention the details] from the day [Mention the details].

We are publishing this notice to help you to manage and incorporate this change in our prices accordingly.

While following the exception of some products like [Mention the details], the price of other products will get an increase of [Mention the amount]. Here is a list of those products, whose price is going to increase.

Please be assured that we have made every possible effort to keep this increase to a minimum amount and we will continue to honor the current price structures up to [Date].

We have faith that we can easily win this critical time again with the help and support of our long-term customers and hard-working employees. We eagerly wish for your support in the future as well.

Thank you very much as always for your help and support.

With regards,

(Handwritten signature)

(Notary or witness if required)

price increase announcement letter

Template: 4

Price Increase Announcement Letter

To, 

[ Mention the name of the recipient]

[ Mention the address of the recipient]

[ Mention the date]

Sub- Announcement letter for increased price. 

Dear, [ mention the name of the recipient]

We are very unhappy to announce this to all of you that our esteemed company that is [ mention the name of the company] is going to increase the price of each and every product by 10% from [ mention the date]. We have no other option because the raw materials, factory charges and other factors are increasing its price too and if we do not increase the price then it will become hard for our company to continue with this business.

As we cannot do anything about the increasing price, we assure you that you will not have any complaints with the quality of the product and after paying so much money for this product you will not regret purchasing it. 

The price list is [ mention the price list for all the products]. We will give you the best service as well as products, we assure you that you will not get disheartened by our service. We tried our best to keep the price of all the products the same but at last we were unable to cope up with the expenses of the raw materials and factory charges, this is the reason why we chose to increase the price of each product.

Hope you will understand our situation and cooperate with us in this hard situation. We promise you to decrease the price of all the products as soon as possible and will make this easy for you but till then we want you to support us. With your support and love we took this company to greater heights of success and glory. If you have any queries regarding the same then kindly contact us through our contact details mentioned below. Thank you so much for your time.

With regards, [ mention the name of the sender]

[ Mention the designation]

[ Mention the name of the institution]

[ Mention the address of the institution]

[ Mention the contact details of the institution]

Template: 5

Price Increase Announcement Sample

To, 

[ Mention the name of the recipient]

[ Mention the address of the recipient]

[ Mention the date]

Sub- Announcement letter for increased price. 

Dear, [ mention the name of the recipient]

We are very disappointed to let you all know that our esteemed company that is [ mention the name of the company] is going to increase the price of each and every product by 5% from [ mention the date]. We have no other option because the raw materials, factory charges and other factors are increasing its price too which is becoming hard for us to pay and if we do not increase the price then it will become hard for our company to continue with this business.

The new price list will be posted on our company’s website that is [ mention the website] on [ mention the date] and it will be effective from [ mention the date]. As we have no other choice so we assure you that you do not have to compromise with the quality of each and every product, it is our responsibility to make sure that each customer gets a proper product without any damage. 

We will make sure that the amount which you are spending on a particular product will not make you feel regretful and you will feel worth buying the product. As we are increasing the price of each product, we are also increasing the quality of each and every product.

We believe that you will understand our situation and cooperate with us in this hard situation.  With your support and love, we took this company to greater heights of success and glory. If you have any queries regarding the same then kindly contact us through our contact details mentioned below. Thank you so much for your time.

With regards, [ mention the name of the sender]

[ Mention the designation]

[ Mention the name of the institution]

[ Mention the address of the institution]

[ Mention the contact details of the institution]

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