Increasing Prices for Mediocre Services

Posted by pathenry123 under Products and Services
From http://smallbusinesscommunity.blogspot.com 5232 days ago
Made Hot by: lyceum on July 9, 2010 12:30 pm

I read yesterday that the U.S. Postal Service wants to increase its rates. Not only are they seeking to increase the cost of stamps by 2 cents, but they also want a 5.6% increase in standard mail rates. What justification do they use for these proposed price increases? They need money...

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Comments

Written by pathenry123
5230 days ago

Yoni, Susan, and Lyceum- The saddest thing is that many of us whose tax dollars already support the postal service never get anything but junk mail! I just really wish they'd re-think the entire process to reflect the needs of the 21st century.

Thanks for the comments!

Pat

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Written by lyceum
5230 days ago

Pat, Susan, Yoni:

I agree with your views regarding the USPS monopoly. I have heard that the USPS more or less is control of your mailbox and that you could be punished very hard if you try to compete with their "services"...

We have a similar situation in Sweden, but we got some competitors entering the arena for some time, before the Swedish Post "bought" them by more or less shady tactics.

If you want to support a free market and spread the good word, you could buy an EGO stamp at my Zazzle store.

http://egoist.blogspot.com/2009/02/sponsor-and-support-ego-blog.html

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Written by m4bmarketing
5231 days ago

Pat,

Stange coincidence our postal service has just increased it prices as well. I imagine if they reached out to customers as you suggested they would uncover opportunities that had nice margins.

Susan

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Written by yoni67
5232 days ago

Pat,

I believe there is one word to justify (term used loosely) the rate increase: monopoly! Sure there is UPS and FedEx for overnight delivery. But for those who want something sent cheaply and time is not a priority, the USPS is the only game in town.

If I had no competition, I would rise my rates sky-high!

Nice thought-provoking article!

Yoni

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