Are you looking for a Price Increase Rejection Letter Sample? You’re in the right place! Below, you’ll find an example of a rejection letter that you can use and modify as needed.
Why Use a Price Increase Rejection Letter Sample?
When faced with a price increase from a vendor or supplier, it can be challenging to communicate your rejection in a professional and courteous manner. Using a Price Increase Rejection Letter Sample can help you navigate this situation with ease. Here are some reasons why you might need to use a rejection letter:
- To clearly communicate your decision to reject the price increase
- To maintain a good relationship with the vendor or supplier
- To provide a written record of your rejection for future reference
Example of Price Increase Rejection Letter Sample:
Dear [Vendor’s Name],
I am writing to inform you that we have carefully reviewed the recent price increase proposal for [Product/Service Name]. After thorough consideration, we have decided to reject the price increase at this time.
As a valued partner, we appreciate the quality of your products/services and the positive relationship we have built over the years. However, due to our current budget constraints and market conditions, we are unable to accept the proposed price increase.
We understand the need for periodic adjustments in pricing, but we kindly request that you reconsider the magnitude of the increase or explore alternative options that would be more feasible for our organization.
Thank you for your understanding and cooperation in this matter. We look forward to continuing our partnership and hope to find a mutually beneficial solution moving forward.
Sincerely,
Your Name