Proofreading?

Hi teachers, please help me correct my letter if there are any mistakes. thank you!

The company you work for is developing a new product and needs to finance this. A group of investors has sent you some information. Write a letter to ask for investment.

Dear Mr. Rodich,

Thank you for your letter dated 10 October, 2010. It is our honor if we can cooperate with your company.

We are digital product manufacturer, and we have high reputation in this field with 60 years experience.

We have recently developed a new type of MP3 player, and the target customers of this product will be young people, especially college students.

Let me explain the reasons to you.

Firstly, our new MP3 not only has the basic function like playing music, but also can access to the Internet, which is appealing to a number of students.

Secondly, we cooperated with many fashion designers. Therefore, the design of new MP3 players is trendy and up-to-date. We offer various colors and patterns in order to cater for difference tastes of our potential clients.

Additionally, we conducted a market research last months. The overall result of this research indicated that 80% of college students are likely to try this new product.

So, let’s get to the point, we need to invest $2 million in advertisement and publicity if we want to launch our new product into the market. And we want to know whether you would consider investing in our company.

I assure you that our premises would be the preferred choice for you, and we will put all of our effort to generate greater profit this year.

Compared with the turnover of 2014, our profits have increased 10% to $ 80 million last year.

Please kindly consider this business, and I look forward to hearing from you soon.

Yours sincerely,

Martin Mills

Project Manager