Stamp prices to rise by up to 15% - but there's a way to beat the hike 3 March at 5:28PM edited 3 March at 6:18PM in Ebay, auctions, car boot sales, post & parcels 29 replies 1.1K views

MSE_Emily

Standard stamp prices are to rise by up to 15%, Royal Mail has confirmed. From Monday 3 April, the cost of 1st class stamps will be hiked to £1.10 (up 15p from 95p), while 2nd class stamps will increase to 75p (up 7p from 68p)...

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Stamp prices to rise by up to 15% - but there's a way to beat the hike

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gt94sss2

From 3 April 2023, the price of a First Class stamp will increase by 15p to £1.10p, and the price of a Second Class stamp will increase by 7p to 75p..

https://www.internationaldistributionsservices.com/en/press-centre/press-releases/international-distributions-services-plc/first-and-second-class-stamp-prices-increase-to-ensure-universal-service-remains-sustainable/

soolin

A 1st class stamp will soon be a luxury! 

the_lunatic_is_in_my_head

Prices are here:

https://www.royalmail.com/prices2023?elqTrackId=600bf4cd086e4a338b4c4392317488a4&elq=f9798ceab2864936af3df8492535715a&elqaid=2933&elqat=1&elqCampaignId=2117

Online

https://www.royalmail.com/sites/royalmail.com/files/2023-03/royal-mail-online-price-guide-april-2023-v1-ta.pdf

Over the counter

https://www.royalmail.com/sites/royalmail.com/files/2023-03/royal-mail-our-prices-april-2023-ta.pdf

Not as bad as it could be really. 

soolin

I'm happily surprised that 2nd class small parcel hasn't gone up much - that's one option I use a lot. They have kept the 50p price difference between online and at the PO .

Shame about the 10p on a LL 2nd class though.

molerat

At the PO 1st small parcel has gone down from £4.45 to £4.19

1st medium 2Kg and 20Kg also reduced.

martindow

Online small parcel is also reduced isn't it?  £3.69/ £2.99 1st class/ 2nd

soolin

martindow said:

Online small parcel is also reduced isn't it?  £3.69/ £2.99 1st class/ 2nd

The rates are currently £2.85 2nd class and £3.95 first . So 2nd class is going up but 1st is coming down.

subjecttocontract

Buy 100,000 1st class stamps now at £0.95 each. Sell them on EBay after April 3rd at £1.05 = £10,000 profit.

Rantband

subjecttocontract said:

Buy 100,000 1st class stamps now at £0.95 each. Sell them on EBay after April 3rd at £1.05 = £10,000 profit.

What about Ebay FVFs ?

subjecttocontract

Well I'm only here to provide the idea, it's up to you to implement. It's not really a problem......you have to think out of the box and find solutions.  There are plenty of zero fee sales opportunities that can undercut retail prices. With a 15% price increase on April 3rd and a product that doesnt deteriorate or devalue over time it's a no brainer surely.