90 days would be ideal but 60 days can work too. While increasing prices certainly isn’t a fun piece of news to deliver, the good news is, there are strategies and ways to notify your customers of a price increase smoothly. It’s enough to simply ask them to contact you if you have any queries, then you can deal with any questions in the appropriate way.No matter what you do, there may still be a few clients that do choose to look around for a cheaper service.
If they want to read the whole letter and find out more, they will and they don’t want to have to get in touch with you because the prices weren’t clear. Come join us in the group, hang out and Content Snare helps digital agencies get website & marketing content from their clients Get website content from your clients, without the hassle.How to write a price increase letter to your clientsAre your clients taking forever to send you content? As long as you actually find more work, that’s effectively the same as a 20% increase on your rates.However, eventually you might hit a ‘wall’ where you just can’t improve your efficiency any further. It gives a specific reason for the price increase: the "ever increasing costs of raw materials, manufacturing, and transportation with the common theme being the cost of oil and oil-based products globally."
Should you have any questions regarding our services, please contact our office at 555-5555. We’re confident that our prices remain competitive within our sector for the quality of the service that we provide and as always, we’re focused on the results we provide to clients.I’d like to remind you of the service we provide to you on a monthly basis, which includes:Thanks again for your business, and please contact me if you have any questions about your new prices.This simple template should give you a good starting point for communicating your new prices to customers. If you price it too low at the start, it isn’t fair to them if you need to hike your prices by 20% a year later.If you need to prove yourself, cheap busy market places offer a great opportunity for you to over-deliver and build a great reputation, which you can then take with you into better-paid opportunities.Unless you can be sure that none of your bills and expenses will be going up in the next year, you need some sort of rate increase just to stand still.What’s more if you invest in your skills through training, reading industry blogs or going to conferences, you’ll probably be getting better at what you do all the time. Premium plans and free trial.Find HubSpot apps for the tools and software you use to run your business.Find a partner in our global community of service providers who can help you grow.Find the right partner program to help your business grow.Stay up to date with the latest marketing, sales, and service tips and news.We're committed to your privacy.
You really want to work with them so you set your rates very keenly, but fast-forward a few months and they’ve fed you lots more work and you’ve taken it on at the same rate. Reassure them that they can always reach out to anyone in your company — including high-level executives — with any more questions or concerns that come up regarding the price increase.Have a price increase coming but still not sure how to say it?
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how to notify customers of price increase