Postage Rates Increase — Direct Mail Decreases
May 22nd, 2009 by Lee EldridgeSometimes it’s easy to take the USPS for granted. It’s aggravating when they don’t get a letter delivered properly. But overall, they deliver a lot of mail to a lot of people with relatively few mistakes.
From a marketing perspective, as postage rates increase, so do the costs associated with direct mail campaigns. For those of us in marketing roles with our companies, this affects how we do business. With tightening budgets we have to be even more creative in how we promote our brand.
I’ve been in marketing for more than 20 years. Increasing mail costs don’t surprise me. But what did surprise me was the amount of the decline in mail last year. It was approximately a 9.5 billion piece decline in mail for 2008. According to the USPS, “Declining mail volume was a symptom of the worsening national economy, particularly related to the financial and housing industries and to trends toward the use of electronic mail.”
Business owners are looking for alternative ways to promote their business. This includes social media, email, and of course, promotional products. The promotional products industry still enjoyed a good year in 2008 with more than $18 billion in sales. Why? Because promotional products are a cost effective way to promote your business.
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