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AI Tools for Small Business

Finance

Price Increase Letter With Lock-In Offer for Large Increases

Use this prompt when communicating a larger rate increase of 15–20% that requires stronger justification. It includes a lock-in option to give clients an incentive to stay and can help retain clients who might otherwise leave.

The Prompt

Write a price increase letter for a [industry] business communicating a [X]% rate increase. Details:
- Service: [describe]
- Client relationship: [length and key context]
- Current rate: [amount]
- New rate: [amount]
- Effective date: [date]
- Justification: [name specific cost drivers — software subscriptions, time investment, market rate alignment]
- Optional offer: clients who sign a [3/6]-month agreement before [date] can lock in the current rate
- Tone: direct, respectful, grounded in business reality — not apologetic, not salesy
- Include the lock-in offer clearly. Do not bury it at the end.

From the guide

Using AI to write a simple price increase letter to existing clients without losing them →

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