On average, small businesses spend about $338 per month on postal service. This equates to over $4,000 each year. For large businesses, this number is even higher.
Companies can save money on postage by renting a postage meter. What is a postage meter? Read on to find out.
What Is a Postage Meter?
What is a postage meter and how does it work? A postage meter is used by companies to speed up their postage operations. It is a business asset that helps reduce mailing costs.
Any business of any size can benefit from using a postage meter. Even if you don’t have large volumes of mail, you can use a postage meter to your advantage.
Postage meter companies can help you find the right model for your business needs. Small meters are useful for sending fewer pieces of mail per month while larger meters can send thousands of letters by the hour. You can also use a postage meter rental if you don’t want to buy one outright.
How Does a USPS Postage Meter Work?
A USPS postage meter is pre-filled with a certain amount of postage. Letters get passed through the machine to be printed on. The printed mark is called a frank.
A frank is classified as a data matrix that includes a lot of information about a specific item. A frank can tell you how much the postage is worth, the item’s weight, the mailing company’s zip code, and the class of mail. Some meters are more advanced and include tracking information.
Digital postage models are necessary as traditional models have been discontinued. Your mail is more secure with the use of digital postage meters.
Benefits of a Postage Meter
Postage meter rates may seem like a downside for businesses, but owning these meters can actually save money and time. Any company can save money on their mailing costs because meters are accurate.
Some meters may provide your company access to USPS priority discounts and other mail services.
These meters save time as your employees no longer have to take trips to the post office. With digital postage machines, you don’t have to worry about running out of stamps. You can use these devices at any time of the day.
How to Buy a Postage Meter
You can rent a postage meter through postage meter companies. It is important to note that USPS controls this industry and postage works the same as currency. Because of this, there is no way for businesses to purchase postage meters.
Under federal law, you can only rent these devices for use.
Is a Postage Meter Worth It?
After understanding the answer to what is a postage meter, you can decide if it is worth it for your company. The benefits of these devices go beyond just mail as they can print marketing messages and franking marks. With a monthly fee, you can start renting out a postage meter for your business to save money and time.
What else can your business benefit from? Find out more with our other blog posts.
