Friday, August 17, 2012

Would You Like Any Travel Insurance with Your Purchase?



This is a question you might be asked when visiting a post office in New Zealand. Besides the usual lineup of postal services, customers can take advantage of a few more conveniences typically reserved for other government and corporate enterprises.

New Zealand (NZ) Post is one of many postal organizations around the world looking to expand their business, adding a variety of complimentary services and products to their more traditional post lineup. These contributions to the bottom line typically offer convenience for the customer in the form of a one-stop shopping experience. In addition to purchasing a book of stamps, customer can register their vehicle, buy travel insurance, exchange foreign currency, buy an international “travelSIM” card for their phone, or pick up a calling card.

Although the extras offered by NZ Post are helping their bottom line, they recently implemented a postage rate increase of 15 percent to bring delivery revenue in line with the cost to carry the item.

Do you think these are possible services the USPS could implement?

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