Postage is going up again. You should care, even if you don’t send mail
Why is the cost of a stamp increasing again this Sunday?
The cost of a stamp is increasing again this Sunday due to the U.S. Postal Service's need for additional revenue to achieve financial stability amid declining mail volumes and increasing operational costs. This price adjustment is part of the organization's Delivering for America 10-year plan.
What impact do rising postage costs have on businesses?
Rising postage costs have a significant impact on businesses, particularly those that rely heavily on mailing services for communication and product delivery. As postage prices increase, businesses may need to adjust their budgets and strategies accordingly, potentially leading to reduced mail volumes, increased reliance on digital communication, and exploration of alternative shipping options4. Ultimately, these changes can affect businesses' bottom lines and their ability to reach and serve customers effectively.