From the Reporters
Nov 16, 2005

Postal Rates on the Rise...But Does It Really Matter?

 

The governors at the U.S. Postal Service announced on Monday that postal rates will increase 5.4% on January 8. In other words, a stamp will cost you $.39 instead of $.37. Priority goes up to $4.05 and express rates up to as much as $18.80. The last increase was in 2002, but the Postal Service has said that it's planning another increase in 2007.

If this were the early 90s, you might have heard a collective groan among business owners, as communication with customers and vendors generally relied on snail mail. But today, there's e-mail, and company's leverage the Internet to promote their businesses. Traditional marketing mailings most likely make up less of a company's marketing budget than they did a decade ago. Or am I wrong? Will these postal increases hit your bottom line to a point where it could influence your marketing and communications strategy?