Regret Letter For Price Increase

This the sample regret letter for price increase to the customers.

Your Name
Company Name
Street Address
City, ST ZIP Code
Date

Recipient Name
Title
Organization Name
Street Address
City, ST ZIP Code

Dear Recipient Name:

We regret to the price-increase of our plastic products with immediate effect in view of the higher input, labour and power cost and devaluation of our currency in relation to foreign exchange. However, we have kept the rise in prices to the minimum possible. It ranges from 10 to 15%. We are enclosing the new catalogue and price list.

As you are aware that the imported contents in the manufacture of our finished goods roughly amounts to 40% and there has been a steep increase in the prices of our imported raw material. Then there has been a sharp increase in overheads and transportation charges.

It deserves repetition that we have kept this rise to the minimum by economizing in other areas like conservation of energy, manpower and by recycling of waster gases to produce power and energy.

We are sorry for this increase in prices but this is certainly not unreasonable and still on the lower side in comparison to the general increase in prices to about 30%.

Sincerely,

Your Name


Price Increase Letter Example 2

The below sample letter announces to a retail customer that the wholesaler will be raising its prices on goods. The letter includes a list of products and the percentage price increase to which they will be subjected.

Your Name
Company Name
Street Address
City, ST ZIP Code
Date

Recipient Name
Title
Organization Name
Street Address
City, ST ZIP Code

Dear Recipient Name:

PRICE INCREASE ON BLACK-AND-WHITE PHOTOGRAPHY PRODUCTS

Effective February 26, 20X2, we will be raising prices on black-and-white products by the following percentages:

PAN F, FP4, HP5, PAN films all types                                                             3.6%
XP-1 film except 36 exposure                                                                            3.6%
XP-1 film 35mm, 36 exposure                                                                         12.0%
Bornesprint paper                                                                                                     5.0%
Bornesobrom paper                                                                                                  8.0%
Multigrade II, Multigrade FB, Bornespeed papers                                  4.0%
All liquid chemicals                                                                                                     3.5%

We are happy to announce that all film and paper powder chemicals will be significantly reduced in price. Watch your price list for details. New catalog pages will be mailed to you before February 26, 2021.

We at Bornes Photo Corporation would like to thank you for your past support and wish you continued success in 2021.


Price Increase Letter Example 3

The below sample letter announcing a price increase and soften the blow to the customer.

Your Name
Company Name
Street Address
City, ST ZIP Code
Date

Recipient Name
Title
Organization Name
Street Address
City, ST ZIP Code

Dear Recipient Name:

Your satisfaction is important to us. In order to continue to produce a high-quality product, we have recently installed new high-speed, high-definition printing presses. This, along with the increased price of paper, has forced us to increase our prices by 10 percent effective March 15. I have enclosed a brochure with the new prices
in it for your benefit. Orders received before March 15 will be filled at current prices.

Thank you for your understanding in this matter. We feel that these increases will still allow you to sell these superb cards at competitive prices. We hope you will let us know immediately if there is any way we can serve you better.

Sincerely,

Your Name

 

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