Product pricing change: This template is used to communicate Increase in Prices of a product to external customers.

Subject: [Product Name] Pricing Changes: Increase in Prices

Dear [Customer],

We're writing to inform you of an upcoming change to the pricing plans for [Product Name]. We've added new features and improvements to the product, and as a result, we've updated our pricing plans to better reflect the value that we're providing.

The new pricing plans are as follows:

[Plan 1]: $[Price] per month (previously $[Old Price] per month)
[Plan 2]: $[Price] per month (previously $[Old Price] per month)
[Plan 3]: $[Price] per month (previously $[Old Price] per month)
We understand that these changes may come as a surprise, and we want to assure you that we've made every effort to keep the price increase as minimal as possible. We believe that the new pricing still provides great value for the features and services provided.

The changes will take effect on [Date].

If you have any questions or concerns, please don't hesitate to reach out.

Best,
[Your Name]