USPS Hires Futurist to Assess the Future of Stamps

Postal service shells out over $500K to analyze stamps

   

The U. S. Postal Service is in trouble due to the sharp decline in stamp sales that’s taken place in recent years.

Reuters reports that USPS is hiring Faith Popcorn’s Brain Reserve – a futurist marketing consultancy – to provide “analysis and recommendation on the future of stamps.” The postal service is paying $565,769 to the consultancy to help them figure out how to get back to making money from stamps. USPS is currently losing about $25 million a day due to the rise of online communication.NewLetters USPS Hires Futurist to Assess the Future of Stamps

The company expects its first-class mail to suffer a 40.5% decline from 84 billion pieces in 2009 to 50 billion in 2020. Stamped mail makes up about 43% of the USPS’s total revenue.

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