Knowledge Centre - News

How merchants can tackle rising postage costs with Trader

Mailing physical documents continues to become more expensive. On the 27th March, Royal Mail’s 2017 price rises came into force for business customers. Consumers also saw small increases in the price of stamps - 1p more for first and second class stamps, a 2p increase for large first class letters, and a 1p increase for large second class letters.

Merchants in Ireland can expect even larger increases in postage costs, with the cost of a national stamp set to rise to €1. Businesses who send letters in bulk may see smaller, but still significant increases.
Many builders’ merchants send large volumes of mail every week, and will need to find ways to absorb or reduce these extra postage costs.
Trader customers can cut their postage costs by sending across key documents such as invoices and statements via email instead of through the post. By asking trade customers for their email addresses and sending these documents electronically, you’ll slash your postage costs as well as the time taken to physically prepare and send the documents through the post
Today’s technology doesn’t eliminate the need for physical mail, but businesses should certainly look to reduce its use as postage costs continue to rise.
Increasingly, electronic invoices and statements aren’t just cheaper. They’re more convenient, too  - both for your business, and your clients. There’s less chance of losing electronic documents, and they’re easier to review, adjust, search, and resend than physical documents. And, of course, they’re sent and received almost instantly.
For more information on how document management and email integration work in Trader, get in touch with the team today.