Are you ready for the significant Royal Mail price hikes that come into effect on 30th April? The countdown is ticking for eBay sellers and other ecommerce SMEs.
If you haven’t take the time to examine the price increases and made changes to your postage charges (if you use the Royal Mail) it’s well worth doing that right now. It wouldn’t be surprising if you hadn’t had opportunity to digest them. They were announced less than a month ago.
You attention is now urgent though. After all, if you list a ten day item from now on, and will be despatching your items from the Post Office, your despatches will be under the new price structure, which includes increases to First and Second Class well as huge increases in Airmail prices. If you list a 7-day sale over the weekend you will also be under the new price structure.
Are you prepared? I’ve had a quick look on eBay today and I’d say it’s striking that plenty of sellers and the like who haven’t changed tack in light of price increases. They’re going to see a dent to margins, expecially lower priced items.
What changes have you made? Have you been stockpiling stamps?