Ask Experts Questions for FREE Help!
  Advanced
Register  |  Log in  
   Ask    
 Answer  
  Help  

Ask QuestionsprogressAnswer QuestionsprogressBuild ReputationprogressBecome an Expert
 
Free Answers in 3 Easy Steps

Register Now
3 Steps

At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to:
  • Get free answers from experts in any of our 300+ topics.
  • Accept money for answers that you provide.
  • Communicate privately with other members (PM).
  • See fewer ads.

Home > Business & Careers > Sales   »   Increasing prices

 
Question Tools Search this Question Display Modes
Question
 
 
#1  
Old Mar 30, 2006, 07:52 AM
Pamhaley
New Member
Pamhaley is offline
 
Join Date: Mar 2006
Posts: 1
Pamhaley See this member's comment history on his/her Profile page.
Increasing prices

I need to write a letter that talks about a price increase. Anyone got any suggestions for wording?

Reply With Quote
 
     

Answers
 
 
Old Mar 30, 2006, 08:02 AM   #2  
RickJ
Administrator
RickJ is offline
 
RickJ's Avatar
 
Join Date: Aug 2005
Location: Cave 4, Qumran
Posts: 6,959
RickJ See this member's comment history on his/her Profile page.RickJ See this member's comment history on his/her Profile page.RickJ See this member's comment history on his/her Profile page.RickJ See this member's comment history on his/her Profile page.RickJ See this member's comment history on his/her Profile page.RickJ See this member's comment history on his/her Profile page.
Be straightforward and handle it as if you were writing to a close friend:

Tell your customers that you appreciate their choosing you for their ______ needs, remind them that you will continue to offer an excellent product (or service) at a great price...and that you are sorry to announce that you have resisted a price increase as long as possible, but that it is required now - in order to continue to offer that great product or service...then explain the increase.

...just my 1.5 cents worth.
  Reply With Quote
 
     
 
 
Old Mar 30, 2006, 12:26 PM   #3  
fredg
Ultra Member
fredg is offline
 
Join Date: Jan 2003
Location: SouthWest Virginia
Posts: 4,634
fredg See this member's comment history on his/her Profile page.fredg See this member's comment history on his/her Profile page.fredg See this member's comment history on his/her Profile page.fredg See this member's comment history on his/her Profile page.fredg See this member's comment history on his/her Profile page.fredg See this member's comment history on his/her Profile page.
Hi, Pam,
I'll give my 4 cents worth (price increase).
"talks about a price increase"......
Are you writing to a store, complaining about their price increases?
Or, are you writing to your own customers about your own price increases?
One major item in many, many price increases is travel. Since Diesel fuel and gas continues to increase, many price increases are noticeable for any product which has to be transported.
If the product has to do with Health Care, Hospitals, or Doctors, price increases are also abound as Medicines have gone "out of sight". One new antibotic, Levaquin, averages around $20 per pill (without any prescription medical coverage). This also accounts for higher Hospital stay costs.
I hope this helps in some way, and best of luck.
  Reply With Quote
 
     
 
 
Old Mar 31, 2006, 11:50 AM   #4  
CaptainForest
Finance & Accounting Expert
CaptainForest is offline
 
CaptainForest's Avatar
 
Join Date: Nov 2005
Location: Canada
Posts: 3,667
CaptainForest See this member's comment history on his/her Profile page.CaptainForest See this member's comment history on his/her Profile page.CaptainForest See this member's comment history on his/her Profile page.CaptainForest See this member's comment history on his/her Profile page.
If you are writing a letter to your clients then go with the indirect method.

Star off like Rick said, complementing them, reminding them of there services. Then hit them nicely with the price increase.

However, if you are the client and writing to complain about a price increase, go with the direct method. Start off by saying you do not like the price increases. For Reasons X, Y and Z.

Remember, always be nice in your writing. You will catch more flys with honey than vinegar.
  Reply With Quote
 
     
 
 
Old Jun 23, 2007, 10:56 PM   #5  
Nahed2007
New Member
Nahed2007 is offline
 
Join Date: Jun 2007
Posts: 4
Nahed2007 See this member's comment history on his/her Profile page.
Quote:
Originally Posted by Pamhaley
I need to write a letter that talks about a price increase. Anyone got any suggestions for wording?
what shoud I write to customers to inform them about increasing the prices?
  Reply With Quote
 
     
 
 
Old Jun 25, 2007, 05:36 AM   #6  
RickJ
Administrator
RickJ is offline
 
RickJ's Avatar
 
Join Date: Aug 2005
Location: Cave 4, Qumran
Posts: 6,959
RickJ See this member's comment history on his/her Profile page.RickJ See this member's comment history on his/her Profile page.RickJ See this member's comment history on his/her Profile page.RickJ See this member's comment history on his/her Profile page.RickJ See this member's comment history on his/her Profile page.RickJ See this member's comment history on his/her Profile page.
Nahed, see the 3 answers that were given to the same question asked by Pamhaley. If you need further help, please start a new question.
  Reply With Quote
 
     


Question Tools Search this Question
Search this Question:

Advanced Search
Display Modes

 
Similar Sponsors

Similar Questions
Question Asker Topic Answers Last Post
different prices for 14-2 NM kp2171 Electrical & Lighting 3 Aug 26, 2006 02:22 PM
increasing foot speed kmsmith Fitness 4 Mar 15, 2006 04:44 AM
Increasing knowledge savita muley Elementary School 5 Dec 22, 2005 05:42 AM
motherboard prices chelsie_andreasm Desktops 1 Sep 12, 2005 12:25 AM
average automobile prices scsark Cars & Trucks 0 Oct 7, 2003 03:58 AM




Copyright ©2003 - 2007, Ask Me Help Desk.
All times are GMT -8. The time now is 06:17 AM.

Content Relevant URLs by vBSEO 3.0.0 RC6 © 2006, Crawlability, Inc.