Sellers Say January USPS Rate Hike Threatens Their Business Model
One of the biggest fans of the U.S. Postal Service is uncertain whether he can continue to use it once new rates for parcels go into effect in two months. Mitch Goldstone, CEO of ScanMyPhotos in Irvine, California, credits the flat rate Priority Mail box with inventing his entire business, and said so in a USPS video last year. But Goldstone pointed to a 10 percent increase in his costs under new rates taking effect in January, telling EcommerceBytes they jeopardize the benefit of the USPS partnership and threaten his business model.