Here’s a quick review of major price changes from USPS®, FedEx® and UPS® and tips to reduce the impact.
Changes effective July 10, 2022
Changes effective July 10, 2022
The retail price of a stamp increased 3 cents to $0.63 from $0.60. If your small business uses stamps or purchases postage directly at the Post Office, this price hike will significantly impact your bottom line. Don't miss out on a 5% meter discount!
Using a meter gets you the discount on postage, which really adds up annually. Going to the post office is costing you time and money. If you need a meter, order now and receive a special offer for new Quadient customers!
Metered postage rates for First-Class letters went up 3 cents per letter to 60 cents. There's still good news for meter users. You get the metered discount but now you save 3 cents on every mail piece.
It's more important than ever to make sure all of your postage is updated regularly. Rates can change once or twice each year, and even seasonally. With our newest iX meters, postage rates are updated for you AUTOMATICALLY!
The Certified Mail fee increased an additional 15 cents per mail piece, while Return Receipt increased by 10 cents. The cost of a hard-copy receipt will also cost a lot more now. The silver lining: With an electronic Return Receipt, you’ll save $1.25 on every Certified Mail piece.
We highly recommend using electronic Return Receipt. You can upgrade your entire process with a digital workflow and save nearly 37% when you send Certified Mail with Return Receipt and 16% on all Certified Mail costs immediately with an online solution like e-Certify.
With the right mail volume, you can take advantage of the USPS presort discounts. First-Class presorted postage increased nearly 3 cents, but sorting invoices, bills and statements by zip code is still advantageous and cost-effective. Now might be the time to make it part of your mail prep process.
You can get access to postage discounts with presort prices using our mail automation software Impress®.
There will be rate increases on important shipping services that impact your mailroom budget.
Rate shopping is one of the best ways to help your business save on shipping. You can rate shop, compare pricing and get discounts all year long with shipping software.
This year, postage rates didn't roll back from the higher prices during peak holiday shipping season. So postage rates for Priority Mail and other shipments are still higher year over year. Here's a list of the rate increases that impact these services in 2023:
Using Priority Mail flat rate envelopes is still the most affordable way to ship! Shipping rates are on the rise, but rate shopping is one of the best ways to help save your budget. You can rate shop, compare pricing and get discounts all year long with shipping software. In fact, you can save up to 30% on Priority Mail costs!
For small and mid-sized businesses that don't have time to think about the mail. Get the mailing and shipping capabilities you need without the large machine...and large price tag. Easily process letters, postcards, envelopes and packages.
Depending upon your mail volume, you can use Impress to get access to postage discounts with presort prices while transforming the entire process of preparing and sending mail!
This year the Certified Mail fee and cost of Return Receipt have both increased. With ConnectSuite e-Certify you can save money on Certified Mail with Return Receipt and improve the entire process by using an online solution.
Avoid the hassle of new mailing rates with Impress! Access discounted rates and eliminate the hassle of mail processing entirely with outsourcing. You can even have your mail sent digitally and steer clear of all the new prices.
Don't miss out on significant discounts using USPS shipping services! They still offer a great value in shipping. Multicarrier shipping software helps you unlock the best rates and takes the guesswork out of your day-to-day process. Get advanced tracking and create a digital workflow your entire company will benefit from!
Contact a Quadient expert to talk about how increases in postage rates may affect your bottom line. Explore solutions that are right for your business.