2 ms·
Most mail services make all their money on 'junk' mail. I don't know what the numbers for USPS are, but their biggest problem is likely the lack of advertising
by nickff 7y ago
Most mail services make all their money on 'junk' mail. I don't know what the numbers for USPS are, but their biggest problem is likely the lack of advertising in the form of mass mailings.
- joering2 7y agoYes, the price of advertising in their inserts fell 40% literally week to week. They always send my busines an advertising opprtunity and my zipcode for minimum of 1000 mailpieces was $199 last week, and is down to $120 this week. Furthermore over 80% of advertising is for food and inhouse services - oil change, furniture shopping, pet grooming etc. Virtually all these businesses are shut off for the time being, hence no need to advertise.
- 0xy 7y agohttps://about.usps.com/who-we-are/financials/annual-reports/fy2018.pdf https://about.usps.com/who-we-are/financials/annual-reports/... If advertising is down 40%, and their parcel business is up 150%, they should be making way more money in this climate. 150% is my estimate, but I suspect it would actually be more than that.
- jdxcode 7y agoAre the margins the same for both? I doubt it