The post office has been struggling lately. They have been bleeding red ink and losing market share to internet-based communication. In fact, the U.S. post office recently announced that it will raise the price of a stamp to 46 cents.
What is the post office solution? According to Marketplace:
Canadian researcher Robert Campbell says post offices in other countries have done better because of fewer regulatory restrictions on the services they can offer.
Robert Campbell: Everything from selling cell phones and phone plans to travel insurance, doing currency exchanges, selling mortgages.
In essence, the solution Campbell offers is to provide more service unrelated to delivering mail. Ouch.
Recent comments