eBay Previews Royal Mail Price Adjustments Coming in April on Letters and Parcels
Royal Mail announced new prices for letters and parcels that are going into effect on 4 April, headlined with 1st Class Stamps going up by 10p to 95p.
Don’t Miss
- Do you need a business bank account for your online business? Have a look at our review of the five best bank accounts for sellers, some of which are free with no minimum balance or deposits.
- AI can change your entire social media game today. Learn how you can save time writing engaging content faster. [sponsored]
- How to lower your taxable income and pay less in taxes. [sponsored]
- ‘My Community Made’ is a new marketplace to compete with Etsy and Amazon Handmade.
- EXCLUSIVE: Interview with Chris Prill, VP eBay Motors, discussing the new Guaranteed Fit program.
But this price adjustment is also bringing new rates to Royal Mail parcel services which eBay sellers should review this week to ensure they will be not be surprised when printing labels next Monday for listings that offered free or fixed price shipping.
To prepare UK eBay sellers that use its eBay Labels platform to print labels for orders, the company outlined the adjustments in a chart.
| Royal Mail service | Price change |
|---|---|
| 1st and 2nd class letters | Increases by £0.02 to £0.10 per item |
| 1st class large letter | Increases by £0.16 to £0.26 per item |
| 2nd class large letter | Increases by £0.09 to £0.16 per item |
| Letter and large letter (Signed For,1st and 2nd class) | Increases by £0.02 to £0.26 per item |
| Small and medium parcels (Standard and Signed For, 2nd class) | Up to £0.05 increases with some services reducing by up to £18.10 |
| Small and medium parcels (Standard and Signed For,1st class) | Up to £0.95 increases with some other services reducing by up to £20.45 |
| Special Delivery | Reducing by £0.40 to £22.80 |
“As customer needs change and we see a greater shift from letters to parcels, it is vital that the Universal Service adapts to stay relevant and sustainable. These prices changes are necessary to ensure we can continue to maintain and invest in the one-price-goes-anywhere Universal Service for future generations.”
Nick Landon, Chief Commercial Officer, Royal Mail.
While eBay’s chart only summarizes what sellers should expect next week, here is a link to Royal Mail’s Price Guide for domestic and international parcel services that will become effective on 4 April.
eBay Labels
eBay Labels is part of Royal Mail’s marketplace and online pricing scheme which offers eBay users a discount over the postal service’s retail rates (personal customers pricing).
The program enables eBay sellers to quickly and easily purchase domestic and international shipping labels for Royal Mail and Parcelforce.
In addition, eBay has a partnership with Packlink to offer UK sellers competitive rates on InPost, Evri, UPS, DPD and DHL, all powered from within the eBay marketplace platform.
Connect with us: Head over to our Facebook Group for Small Business Sellers and interact with other small business owners.
Follow us on Facebook, Twitter, or LinkedIn to stay up to date with relevant news and business insights for your online business.
Subscribe to Our Newsletter
Business Insights for Your Online Business Presented with a Dash of Humor
We do not share your information and you can unsubscribe anytime.
Richard Meldner
Richard is co-founder of eSeller365. He has over 17 years of experience on eBay which includes tens of thousands of sales to buyers in over 100 countries and even has experience with eBay’s VeRO program enforcing intellectual property rights for a former employer. And for about two years Richard sold products on Amazon using Amazon FBA in the US.
To “relax” from the daily business grind, for a few weekends a year, he also works for IMSA as a professional race official.