Postal Service Revenue: What Should be Done?

Much emphasis has been placed on reducing the Postal Service’s costs in response to its financial crisis. Yet financial viability could come in the form of a balanced approach that both reduces costs and increases revenue. How would a smart business respond to declines in its major products? Would it raise prices where possible in stagnant areas and invest the proceeds into existing or new growth areas? Would it selectively discount products to grow volume in price sensitive segments?

 

Digital Currency: An Opportunity for the Postal Service?

When you buy your groceries, how do you pay for them? What about when you go to the gas station or neighborhood restaurant? How do you buy items online? Cash may still be king, but in everyday life, it is being eclipsed by newer digital payment methods such as credit cards, debit cards, and electronic transfers. These payment methods are often more convenient than carrying around lots of cash, but they are not equally available to everyone. People who don't have bank accounts or credit cards cannot access the full-range of digital currency products.

 

Protecting International Revenues Domestically

In a time when the Postal Service has suffered declines in volume and revenue across many categories, it has turned to the international market. For example, it has seized opportunities, including with China, to increase its overall market share in package and express business. But the Postal Service has to maintain an “international” infrastructure in order to efficiently receive and dispatch this mail flow.

 

Pages

Recent Poll

How many packages would you say you’ve returned in the past year?

Recent Comments

  • 2 days 12 hours ago
    I have worked for the USPS for over 23 years. I had a traumatic injury while at work and have been on OWCP Bennifits. My OWCP Bennifits have been terminated. I have Appeal rights and yes am...
  • 6 days 11 hours ago
    Only every other Sunday? We have to work 3 or 4 out of 4. We are a small rural office with only 9 rural routes. Currently 3 of the regulars are out with injuries/surgeries. We only have 4 RCA's...

Monthly Archive