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CLOUD COMMUNICATIONS

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Here We Go Again…Another Postal Rate Increase!

  
  
  
  
  
  

OMI

Here we go again. The cost of postage continues to rise and the trend shows no signs of slowing soon. Fighting to survive a deepening financial crisis, the Postal Service wants to increase the price of first-class mail by 2 cents – to 46 cents –starting in January. Other postage costs will rise as well.

Postage rates have increased exponentially recent years; nearly 30 percent since 2001. This increasing pressure will be significant and organizations stand to lose millions in postal savings if they fail to comply with ever-changing USPS regulations.

postal rate increase chart

One way to sidestep postal rates altogether is to deliver statements electronically. And not only can it cost significantly less money to send a bill electronically, the inherent ease and convenience of an online environment can be even more profitable for companies who go paperless. A customer viewing an online statement is potentially only a click away from purchasing additional products or upgrading their service. By virtue being “hyperlinked” customers are more likely to surf along with trans-promotional cross selling and up selling efforts.

If you have considered moving your customer statements to an online in the past, now may be a good time to reconsider how Statement2Web can assist in making your strategy a reality. Contact us today to learn more about how we can help through our network of independent and certified Statement2Web partners.