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5 Ways to Raise Your Rates and Keep Your ClientsBe more specific about the services you offer.Make rate increases a regular part of business.Offer an upsell or cross-sell.Sell your service in different blocks of time.Let your clients choose to pay you more.
Tips for Announcing a Price Increase to Your CustomersContact them directly.Let customers know well in advance.Remind them that higher prices mean better quality.Explain the reasoning behind the price increase.Ensure the entire organization is aware of the price increase before announcing it to customers.More items...?
Sub: Refuse Price IncreaseDear Sir or Name, I am using your services for one year (More/less) and thank you for always getting good service. I always paid the monthly cable bill regularly, and never delayed it. But, yesterday (date) I received the bill and was surprised to see an increase in monthly fee.
Pay increases tend to vary based on inflation, location, sector, and job performance. Most employers give their employees an average increase of 3% per year. Consistent job switching may have an impact on the rate at which your salary increases.
How much you choose to increase your rate is a very individual decision to make, but generally speaking, no more than about 20% at one time is a sensible figure.
How to gracefully tell a client you're raising your ratesRemind them what you've already done for them.Tell them you are going to be adding more value.Explain why you're raising your rates.Give them plenty of notice before you raise your prices.Use this tactic to get extra work in addition to increasing your prices.More items...?
Hello client,I just wanted to let you know that as of date I will be increasing my rates. Attached is a price sheet for the full details. Please let me know if you have any questions. I value our time together and look forward to partnering up again!
Sub: Refuse Price IncreaseDear Sir or Name, I am using your services for one year (More/less) and thank you for always getting good service. I always paid the monthly cable bill regularly, and never delayed it. But, yesterday (date) I received the bill and was surprised to see an increase in monthly fee.
Tips for writing a rate increase letterUse direct and specific wording. Notify the clients in no uncertain terms that prices will be increasing.Provide justification. Explain why prices are increasing.Provide specific details.End on a grateful note.Follow up.Offer help.
Start the email off with a friendly tone and keep these key talking points in mind.Remind them what you've already done for them.Tell them you are going to be adding more value.Explain why you're raising your rates.Give them plenty of notice before you raise your prices.More items...?