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Stamps.com ( STMP ) is the peerless provider of USPS-approved, software-only electronic postage. The fellowship offers a breadth of mail classes to its customers, which range from individuals to enormous businesses. The postage is printed onto stick-on labels, or directly onto envelopes, using any printer. Customers pay a fee between $15.99 and $39.99 per month to use the services, in addition to postage. Bulk mailers can receive discounts on selected mail classes. The company’s most popular item, NetStamps, lets customers impress out stamps of any price, eliminating the fuss of mixing and matching postage.
Stamps.com (“Stamps”) offers utilization that is cheaper than its competitors’. Unlike chief rival Pitney Bowes ( PBI ), Stamps customers don’t penury to purchase or rent postage meters. Postage meters commonly suggest a monthly service fee, plus added costs for maintenance, assurance and toner cartridges ( which can run hundreds of dollars ). Additionally, Stamps’ advice can be canceled without penalty. Pitney Bowes customers enter into a dull lease with steep cancellation fees. Pitney Bowes deployed a Web-based postage employ in 2004, in conjunction with eBay. Endicia [owned by Newell/Rubbermaid ( NWL )], Stamps’ other contestant, traditionally operated in large volume shipping, but now offers services alike resemble to Stamps. Endicia offers a basic plan for $9.95 a month. Stamps has no other advise competition, as the USPS has licensed only these three companies.
Source: Seeking Alpha