Stamps dot com

[mg152]

USPS and stamps dot Com ends partnership. USPS Says it’s losing too much money. Well I never found stamps to be any cheaper but the other service I use the pirate one is cheaper so they’re probably next. Then they’ll stop the Ebay discounts. Ugh! Shipping costs too much anyway and if we can save a penny then it helps a lot. Just thought I’d let y’all know.

[mg152]

I can’t find the original article that popped up on my feed but here’s one. In the original article it said the PO gave Stamps the boot.

Stamps.com says it is ending an exclusive relationship with the US Postal Service, sending shares of its stock plunging more than 50%.

The company says Amazon is disrupting the shipping business, and it needs to do shipping deals with postal service competitors going into the future.
Amazon has popularized two-day shipping with its Prime service, and Stamps.com says its customers demand two-day shipping guarantees. FedEx (FDX), UPS (UPS) and DHL offer those guarantees. The Post Office doesn't.
"One of our nonnegotiable items is that ... we will no longer be exclusive to the USPS," said CEO Kenneth McBride in a call with analysts on Thursday evening. "USPS has not agreed to accept these terms or any other terms of our partnership proposal."
McBride said Stamps.com opted to discontinue its shipping partnership with the Postal Service so it can "fully embrace partnerships with other carriers who we think will be well positioned to win in the shipping business in the next five years."
WHAT STAMPS.COM CEO SAID
"Our customers are demanding and need 2-day delivery guaranteed"
In the last month ... Amazon came out and they said, 'Hey, we're going after shipping'
-- CEO Kenneth McBride on earnings call

USPS declined to comment on the news.
Stamps.com (STMP) will still allow its customers print out stamps, but McBride said that decision to end the exclusive deal will cause "some short-term pain for us over the next few years."
He said that it now expects revenue to fall as much as 8% this year. Analysts forecast had forecast sales would grow by more than 16%. McBride said a key reason why Stamps.com made its decision to end the Postal Service partnership was Amazon (AMZN) publicly stating it will get into the delivery business itself.
"Amazon's track record of disrupting an industry is well established. So their threat should be taken very seriously by every player in the shipping industry," he said. "We are setting our corporate strategy assuming Amazon will be a big global player in shipping."
Shares in Stamps.com ended the day down 58%.

[orangehound]

Your post seems to imply that Stamps.com will no longer be selling USPS.  If so, that's not my understanding.

The big thing that I'm aware of is that Stamps.com has ended their exclusive relationship with the USPS, and will begin selling shipping from other services like UPS and FedEx, or Amazon's new shipping service.

I assume that they will still sell USPS postage at commercial rates ... just like a dozen other places.  That said, Stamps.com has likely had a generous commission from the USPS for their sales, and that may no longer be so generous.

[orangehound]

By the way, if you are getting your information from the article entitled "Taxpayers Win as the Postal Service Gives Stamps.com the Boot", then I would suggest that the writer of this article is massively ignorant and his information is highly untrustworthy.

Why?   Look at the title ... "taxpayers" have nothing to do with the USPS.  It is an independent agency that is self-supported by postage income ... not a single penny of money from taxpayers goes to the USPS.  And, secondly, the "divorce" or the "boot" was initiated by Stamps.com, and not the USPS.

[buyselljack2016]

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@mg152 wrote:

USPS and stamps dot Com ends partnership. USPS Says it’s losing too much money. Well I never found stamps to be any cheaper but the other service I use the pirate one is cheaper so they’re probably next. Then they’ll stop the Ebay discounts. Ugh! Shipping costs too much anyway and if we can save a penny then it helps a lot. Just thought I’d let y’all know.

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"eBay discounts" is a very slim area, well for me anyway, as most of my items ship FCP

The only eBay discounts that I am presently aware of for USPS would be the "commercial plus" discount on Priority that is no longer given by USPS, but eBay has extended to us.

[mg152]

Yeah the first article suggested that was the case but apparently it was wrong. Not really surprising.

[mg152]

Yeah. I realized that after I saw the other articles. Just an FYI in case anyone cares.

[mg152]

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@buyselljack2016 wrote:

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@mg152 wrote:

USPS and stamps dot Com ends partnership. USPS Says it’s losing too much money. Well I never found stamps to be any cheaper but the other service I use the pirate one is cheaper so they’re probably next. Then they’ll stop the Ebay discounts. Ugh! Shipping costs too much anyway and if we can save a penny then it helps a lot. Just thought I’d let y’all know.

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"eBay discounts" is a very slim area, well for me anyway, as most of my items ship FCP

The only eBay discounts that I am presently aware of for USPS would be the "commercial plus" discount on Priority that is no longer given by USPS, but eBay has extended to us.

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You’re right. A penny saved.....

I get much better rates on the pirate site myself.

[mg152]

I don’t wanna spread misinformation. That’s why I posted the article. At first it sounded much more salacious. We need to stop the free shipping for China, that’s why the PO is losing money not a few cents discount from stamps, eBay or the pirate site.

[ms.piercing]

For those who does not know how it works.

1. USPS does not provide discounts based on volume. (They do have pre-sorted mail option which you must sort by zip before giving to USPS but the volume must be huge). UPS and FedEx do have discounts based on volume.

2. USPS does provide discount based on if you printed label online or bought it from clerk at the counter. Hence all prices Stamps.com, Endicia, EBay, Amazon ... all the same. There is no such thing as eBay discount (ebay calls difference between printing postage online and over the counter eBay discount). 

3. Stamps.com was getting paid commission from sold postage in return Stamps.com was only printing USPS labels. USPS stopped that practice.  Stamps.com will keep printing USPS labels but will support FedEx and UPS now.