Late last week the USPS announced a new postage rate increase schedule that will begin in 2022 and continue until further notice. We wanted to make all of our S&W clients aware of what’s to come in order to plan ahead and ensure that we can continue to create strategic and cost-effective direct mail fundraising campaigns.
The most significant changes to note are:
- The next postage increase will happen in July of 2022. This increase is estimated to be between 5.5 to 6.5 percent for the majority of direct marketing mail. Flats (i.e., calendars, larger formats) may only increase by 2%. All increases are yet to be confirmed.
- Starting in 2023, there will be two proposed postage increases a year, one in January and a second in July. The increase amount will have to be confirmed and approved each time.
As we learn more about exact timing and rate increases, we will keep everyone closely updated. Of course, if you have any additional questions please reach out to your S&W account team.