2014 USPS Proposed Rate Increase - Fact Sheet

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Are you ready for a 2014 USPS Rate Increase of up to 5.97%? Check out the Standard Register Fact Sheet for detailed info and see good news. Get started today.

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2014 USPS Proposed Rate Increase - Fact Sheet

  1. 1. 2014 USPS PROPOSED RATE INCREASE FACT SHEET
  2. 2. 2014 USPS PROPOSED RATE INCREASE FACTS 2014 USPS PROPOSED RATE INCREASE FACT SHEET
  3. 3. FACTS Two increases were proposed 1. Consumer Price Index (CPIU) based 2. Exigency based CPIU • Key Takeaways • CPIU increase was approved November 2013, to go live in 2014. • Exigency based is pending approval. Deadline 12/25/2013. • Postal Regulatory Commission (PRC) has been affected by the government shutdown, and may end up only approving the consumer price index increase request. • Combined increases = 5.97%. Approved 11/2013 • In effect 2014 EXIGENCY 1. Pending PRC approval. 2. Deadline 12/25/2013 2014 USPS PROPOSED RATE INCREASE FACT SHEET
  4. 4. 2014 USPS PROPOSED RATE INCREASE CONSUMER PRICE INDEX (CPIU) 2014 USPS PROPOSED RATE INCREASE FACT SHEET
  5. 5. CONSUMER PRICE INDEX An annual inflation-based increase that per each year. Overall Increase is 1.6% across all classes of mail and mail services and fees. Both Domestic and International rates will be affected. 2014 USPS PROPOSED RATE INCREASE FACT SHEET
  6. 6. 2014 USPS PROPOSED RATE INCREASE EXIGENCY BASED + CPIU COMBINED 2014 USPS PROPOSED RATE INCREASE FACT SHEET
  7. 7. EXIGENCY BASED + CPIU This one-time additional increase is due to losses suffered by the USPS during the recession, and from consumer movement to online billing and payment. The Exigency increase asks for an additional 4.3% across all classes of mail and mail services and fees, on top of CPIU. Both Domestic and International rates will be affected. 2014 USPS PROPOSED RATE INCREASE FACT SHEET
  8. 8. EXIGENCY BASED + CPIU Exigency = 4.3% | CPIU = 1.6% COMBINED INCREASE 5.97% 2014 USPS PROPOSED RATE INCREASE FACT SHEET
  9. 9. EXIGENCY BASED + CPIU This is a one time “emergency” request to cover USPS losses of $6.65 billion in 2012 alone. WHY?. Raise funds to cover expenses • It is expected to raise $1.78 billion that can potentially carry the USPS until Congress makes fundamental changes to the postal business by enacting proposed cost-saving and efficiency measures. • Operational inefficiencies • Customer moving to online bill pay 2014 USPS PROPOSED RATE INCREASE FACT SHEET
  10. 10. 2014 USPS PROPOSED RATE INCREASE WHAT TO DO NOW? 2014 USPS PROPOSED RATE INCREASE FACT SHEET
  11. 11. WHAT TO DO NOW? Take a look at what you’re mailing today. Consider: • changing the size and shape of mail piece • adding tracking to reduce follow-up costs on returned payments • rethinking how you use mail to communicate with your customers 2014 USPS PROPOSED RATE INCREASE FACT SHEET
  12. 12. WHAT TO DO NOW? In 2014, the USPS will offer several promotional discounts. • Qualifying mail gets a 2% discount off postage • Includes a 5 month promotion for 1st Class statement and invoice mail that uses dynamic full color marketing messaging. By combining your marketing efforts with statements and invoices into one mail piece, customers can save on postage AND production costs. HOW? Take advantage of the 5-month 2% discount. Combine marketing and operational mailings. Call Standard Register for full color variable high speed technology. Save and still meet deadlines. 2014 USPS PROPOSED RATE INCREASE FACT SHEET
  13. 13. WHAT TO DO NOW? Intelligent Mail Barcode tracking on reply mail helps reduces time between your customer mails in payment and payment received. This means fewer collection calls, more cost savings. We even offer USPS approved double postcard rebate checks for lawsuits and refund programs. Our customers have saved thousands in postage and production costs. BOTTOM LINE • Use Barcodes • Reduce time between mailing and payment receipt • Save money with double postcard rebate checks 2014 USPS PROPOSED RATE INCREASE FACT SHEET
  14. 14. 2014 USPS PROPOSED RATE INCREASE … THE GOOD NEWS 2014 USPS PROPOSED RATE INCREASE FACT SHEET
  15. 15. GOOD NEWS BENEFITS • 2nd ounce free is still in effect • See success of 1st class mail for marketing • Be rewarded for trying multiple channels • Improve response rates and tracking The 2nd Ounce Free promotion isn’t going away! The Rate Increases will cover proposed 2014 USPS Promotions, that are aimed at helping customers discover the effectiveness of using 1st Class mail for marketing, and to give customers an incentive to try new cross channel methods to improve customer response rates and tracking—like adding QR codes and Radio Frequency tags to mail. 2014 USPS PROPOSED RATE INCREASE FACT SHEET
  16. 16. GOOD NEWS Customers mailing using pre-cancelled or permit postage on single piece mail will enjoy a penny per piece discount under the new rate structure. WHY? It’s cheaper for the USPS to verify postage payment on permit postage. 2014 USPS PROPOSED RATE INCREASE FACT SHEET
  17. 17. GOOD NEWS Residual mail within a presorted mailing will have the 2nd ounce ride free under the new rate structure. Every mailing has a few pieces that fall out of the presort scheme, so this means some added costs savings there. 2014 USPS PROPOSED RATE INCREASE FACT SHEET
  18. 18. GOOD NEWS Let’s Go • 800-442-5254 • StandardRegister.com • Twitter: @SR_BizSolutions • Email > Standard Register takes critical communications seriously. Our experienced postal experts, mail piece designers, and solution architects are ready to help improve the way you communicate with your customers. 2014 USPS PROPOSED RATE INCREASE FACT SHEET

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