[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Vendor/Supplier Name] [Vendor/Supplier Address] [City, State, ZIP] Subject: Request for Price Reduction Dear [Vendor/Supplier Name], I hope this letter finds you well. Firstly, I would like to express my gratitude for the excellent service and products you have provided to [Your Company/Organization]. Our collaboration has been beneficial, and we value our business relationship. However, I am writing to discuss a matter of great importance concerning the pricing of your products/services. In light of the current economic situation and market trends, I kindly request a price reduction for the supplies we regularly purchase from your esteemed company. As you may be aware, [Your Company/Organization] has been significantly impacted by rising operational costs and financial challenges. In order to maintain competitiveness and meet our budget constraints, we have been exploring various cost-saving measures across all aspects of our business. Considering this, we believe that renegotiating the terms of our agreement would be mutually beneficial. We have conducted thorough research and obtained competitive price offers from alternative suppliers. While we highly value our association with your company and the quality of your products/services, we must ensure that our procurement decisions align with our financial goals. Therefore, we kindly request you to consider reducing the price of the following items/services: 1. [Product/Service Name]: [Current Price] → [Requested Price— - [Reason for Price Reduction Request] 2. [Product/Service Name]: [Current Price] → [Requested Price— - [Reason for Price Reduction Request] [List additional items/services as required] Please note that we understand your company operates in a highly competitive market, and we appreciate the effort you put into delivering exceptional quality. However, we must prioritize our financial stability without compromising on quality. We believe that, considering our longstanding relationship, you will take this request seriously and evaluate the potential benefits for both parties. We are open to discussing this matter further to provide any additional information or negotiate a mutually agreeable solution. To proceed, we kindly request a prompt response indicating your availability for negotiation or if there are any concerns that need to be addressed. Feel free to contact me at [Your Phone Number] or [Your Email Address] to discuss this matter further. Thank you for your prompt attention to this matter. We genuinely hope to reach a solution that supports the sustainable growth and success of both our businesses. Sincerely, [Your Name] [Your Designation/Title] [Your Company/Organization Name]
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.