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...
Increasing Prices for Mediocre Services
Posted by pathenry123 under Products and ServicesFrom http://smallbusinesscommunity.blogspot.com 5251 days ago
Made Hot by: lyceum on July 9, 2010 12:30 pm
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5249 days ago
Thanks for the comments!
Pat
5249 days ago
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
5250 days ago
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
5251 days ago
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