Rising Royal Mail Prices: Our Solution
It is no secret in the industry that Royal Mail Wholesale prices have been increasing year on year, unfortunately we are now not only seeing a second increase in 2023 but a double digit one – set to rise on 2nd October 2023 let’s break it down. Although the team here at CK cannot influence the price change, we can adapt our capabilities and expert knowledge to produce a bespoke solution package for you, maximising postal savings whilst not sparing quality and timely results.
We are all living in a difficult environment with high inflation and an uncertain economic climate, so it is no surprise that we were disappointed to hear of yet another price increase. The price of Letter products is increasing by a blended average of 12.7%, more specifically we will see a 13.6% increase for Business Mail Letters and a 10% increase for Large Letters. Advertising Mail will also see an increase, 10.7% for Letters and 10% for Large Letters. As many of our customers are aware of, Royal Mail offer a Mailmark Economy Product which gives the customer greater choice with a wider delivery window for a lower price, Royal Mail have confirmed customers that take advantage of this service will receive lower price increases than customers using the equivalent standard services.
CK work tirelessly to ensure we provide the highest quality marketing materials, at low cost, in an effective way – despite the increase in pricing we will continue to adapt and find the best solution for you to ensure:
- Postal Savings
- Fast turnaround time
- High quality results
- Timely results
The last few reports from JICMAIL Insights have shown that Direct Mail is very much a key player in the marketing mix, customers are responding to direct mail and digesting it for a much longer time than other marketing tools. It has visibility in the home and will continue to drive results when incorporated with a planned and bespoke solution; CK will provide everything you need for this.
For more information on the current Royal Mail price list, visit the link below:
Our capabilities are continuing to increase here at CK, we have a range of new innovations which we can incorporate into your next marketing campaign – speak to your dedicated account manager or our customer experts team today to get started.
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