Page 1 of 1

Key elements of a correct price increase warning

Posted: Tue Dec 03, 2024 5:06 am
by mahindra
If your goal is to maintain customer loyalty and devotion to your brand despite a price increase, you need to announce your price increase with special care and consideration. Below are several things you might want to consider when preparing your price increase email template.

Clear announcement and dates
Don't beat around the bush: Your email should start with a direct statement about the estonia phone number library price increase. Ambiguity can lead to confusion and mistrust, so it's best to be honest and direct. Highlight the exact date and time the new price will go into effect. This gives customers time to prepare for the change and adjust their plans and expectations.

Image

Price Increase Communication Example: “We would like to inform you that starting June 1st, the price of our Premium Package will increase from $250 to $290.”
Last chance offer
Just like last chance emails, price increase emails can give your customers the opportunity to take advantage of old prices before they disappear forever. This is your chance to drive sales and convince even the most passive and cautious customers before it's too late.

Price increase message example: “If you are thinking of purchasing the Premium package soon, be sure to place your order before June 1st to save $40.”
Reason for the increase
Customers appreciate transparency, so explaining why your price is going up can help ease frustration. Whether it’s the increase in material costs, product improvements, or other business-related expenses, you need to mention them to stay upfront with your audience. The goal here is to make them feel like you care about their customer experience and that their needs are a priority.