Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Business

STAMP PRICES INCREASING AGAIN. WHAT DOES THIS MEANS FOR UK BUSINESSES?

STAMP PRICES INCREASING AGAIN. WHAT DOES THIS MEANS FOR UK BUSINESSES?

And Why One UK Direct Mail Company Believe That Stamp Price Increases Is Great News for Businesses

On Monday 26th March 2018, the price of a first-class stamp for a standard letter will increase from 65p to 67p, and a second-class stamp will go from 56p to 58p. When you consider that in 2005, the price of a first-class stamp was just 21p – you can see why so many people/and business are infuriated about these price hikes.

In just 13 years, the cost to get your piece of direct mail into your prospects/customers hands has increased by a whopping 219%. But whereas most rage about the increase, one UK mailing house are delighted.

‘Scribble Mail’ who have the slogan as “Saving The World From Poor-Performing Direct Mail” believe that the increase in stamp prices is great news for businesses that actually send direct mail.

That’s because, the more that stamp costs increase, the fewer people/businesses continue to send post, which means that there’s much less competition on the doormat.

Scribble Mail send unique handwritten direct mail on behalf of their clients – they don’t use any printing machines like their competition – resulting in their mail looking highly personal and bringing back many nostalgic memories.

Scribble Mail Director, Oli Luke says:

“Every time that stamp prices increase, I read about more and more businesses deciding to stop sending direct mail and redistributing their advertising budget elsewhere. Which means that the businesses that continue to send direct mail and that are happy to pay more, always get better results. It’s simple. The less competition on the doormat results in the higher the chance of your mail being picked up, opened and read.

If the Royal Mail doubled their stamp prices overnight, this would have a positive impact for our clients”

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post