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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.

Here are 10 ways to introduce a price increase without driving away customers. Communicate Honestly.Detail Your Costs.Be Confident In Your Decision.Over-Deliver Before Delivering the News.Add or Enhance Features.Pack in Added Value.Offer a Lower Priced Option.Offer Updates and Alternatives.

How to Announce a Price Increase to Customers 1) Be direct. First and foremost, make sure you directly address the price increase before it goes into effect.2) Give customers some time.3) Tie cost to quality.4) Be specific.5) Invite questions.6) Notify your entire team.About the Author.

Dear Customer Name, After carefully analyzing increased materials and overhead costs, we are writing to inform you of a necessary forthcoming price increase. With the exception of Product Type, Company Name will be increasing prices by Value, effective Date. A new Year price list will be issued on Date.

You may inform your clients via phone, email, or even in person through a company representative. But the best and most professional way of making the announcement is through a rate increase letter. You can send the price increase letter to your customers via email or through postal mail.

Tips for Announcing a Price Increase to Your Customers Contact 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.

Ten successful entrepreneurs from YEC explain how they go about breaking the news of price increases to their most loyal customers. Be Honest.Thank Your Customers.Explain Your Costs.Add Features.Give a Lower-Priced Option.Over-Deliver First.Add More Value.Raise Prices for Reasons Other Than Profitability.

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Queens New York Sample Letter for Price Increase

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How do you tell your clients you're raising your prices?

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How do you announce a price increase to customers?

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How do you notify clients when price increases?

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How do you justify a price increase?

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