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Royal Mail October Tariff Increases
Royal Mail has announced that it’s updating its consumer postage prices, effective from 7 October 2024.
If you use the eBay labels platform, please expect to see pricing updated as follows:
|
Royal Mail service |
Price change |
|
1st Class letter |
Increased by £0.30 per item |
|
1st Class large letter |
Increased by £0.40 to £0.60 per item |
|
1st Class Signed For letter and large letter |
Increased by £0.30 to £0.60 per item |
|
Small and medium parcels (Standard and Signed For, 2nd Class) |
Increased by £0.06 to £0.46 per item |
|
Small and medium parcels (Standard and Signed For, 1st Class) |
Increased by £0.10 to £0.60 per item |
|
Tracked 48 small and medium parcels |
Increased by £0.06 to £0.36 per item |
|
Tracked 24 small and medium parcels |
Reduced by £0.06 to £0.50 per item |
|
Special Delivery |
Increased by £0.40 to £0.80 per item |
It is now better value than ever to utilise fully tracked services, with RM Tracked 24 and 48 parcel services only costing 16-30p more than 1st and 2nd Class parcels.
In ecommerce, transparency is key, with a whopping 80% of consumers preferring at least four tracking updates throughout the delivery process*. These updates give buyers confidence that their purchase is on its way, reducing anxiety and building trust.
eBay sellers see a 50% decrease in buyer complaints and queries when using tracked delivery**, a testament to the power of clear communication. By providing tracking information - from the moment an item is dispatched to its arrival at the customer's doorstep - you not only enhance the shopping experience but also streamline your customer service operations.
For more on Tracking and providing a great delivery experience please visit our seller center page here.
See here for a full list of Royal Mail price changes in October 2024.
Thank you for selling on eBay.
Your eBay Team
*Metapack Ecommerce Delivery Benchmark Report 2024
**eBay internal data from 2023, percentage decrease between INR rate for tracked transactions compared to untracked transactions.
