Business Model Canvas of United States Postal Service Customer Segments USPS caters the mail and package delivery services to a mass of different customers. It has different variety of services depending on what the customer wants. So customer segments are divided according to the type of services the USPS provides. 1. Individual citizens: The USPS has the first class mail and standard mail that the citizens can use to use to send personal cards‚ letters‚ bill payments‚ etc. Basically anything
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Company description: The United States Postal Service was an independent government agency of the United States‚ but has since been converter into a private entity. USPS was officially formed 45 years ago‚ on July 1st 1971‚ but its roots can be traced back to 17th. In the early years‚ there were many attempts to start a postal office‚ but most of them were on a small scale. There was a growing demand for families to send letters back home to England. The first postal organization started around 1691
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In the express mail industry shipment volume was increasing quickly‚ but prices were falling. For this reason total revenues of the industry had been growing by only 10-15% each year and were expected to grow about 10% for the next five to ten years. The customer base of the industry was broadening due to acceleration in the pace of business. However‚ customers of this industry were not very loyal‚ even though discounts based on volume did encourage customers to focus on one carrier. Customers chose
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package to USPS 4.2.2.1 Schema location: Between and 4.2.2.2 Optional tag‚ optional value 4.2.2.3 Format: HH:MM 4.3 RateV4 Response 4.3.1 Modified CLASSID and MailService response values 4.3.1.1 See Appendix A 4.3.2 returns availability of extra service for CPP pricing when a CPP service has been requested‚ e.g. Priority CPP 4.3.3 returns the extra service commercial plus price when a CPP service has been requested‚ e.g. Priority CPP 4.3.4 response node returned for Priority Mail Express
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The United States Postal Service (USPS) has been government owned since its establishment; however privatizing the USPS will consolidate the nation’s debt without the help of taxpayer money. The USPS is an independent government agency responsible for providing postal service for the United States (AllGov‚ 2013). The USPS is a preferred transporter for postal services‚ which explains why the USPS makes huge revenues; nevertheless this does not conclude the USPS is making a profit. With the nation
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Michal Yehudah‚ USPS Assignment draft 1.The USPS is currently drowning in a astonishing amount of financial debt‚ that is threatening the survival of the federal agency. The USPS is aware of its badly broken business model and is in the process of a strategic restructuring of the agency as a whole. The agency is suffering because it has been unable to meet its budget since
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The USPS should be reconstructed because their role is still crucial to business and consumers--even if this advanced era of technology caused their revenue to go down. According to Source B‚ the amount of mail volume and USPS employees gradually decreased from 2000 to 2008 and then there was a dramatic drop in 2009. Annually‚ people have been getting more technical‚ which has been an obstacle for the USPS. There are ways to get at or even exceed this level‚ with suggestions such as modernizing with
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The USPS Problem The USPS Problem It has come as no surprise that the United States Postal Service lost money in the first two quarters of 2010. $8.5 billion to be exact. Next year they‚ plan to lose even more. Somewhere in between $9 billion to $10 billion dollars. The problem will not be as simple to fix‚ but it is a problem that can be resolved with a few simple implementations and cost cutting options. Overspending and undercharging has led to needing to cut cost and raise prices. The USPS
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it important for the U.S. Postal Service (USPS) to have a high volume of mail to process? It’s important for USPS to have a high volume of mail to process because USPS is the largest postal service in the world handling about 41% of the world’s mail volume. The second largest is Japan and they only handled 6% of the world’s mail volume‚ which is a way of showing how important and huge is USPS as a company and that shows the importance of being able to handle and process high volume of mail. 2
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Executive Summary The USPS is at a point where it does not have the financing available to maintain its operations. One reason for the annual net losses is due to the declining rate of first-class mail. The second reason has to do with the required prepayment of $5.5 billion per year toward retirees’ healthcare costs. In order for the USPS to overcome this deficit‚ they will need to consider their short time frame‚ government restrictions and labor union backfire in considering the best alternative
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