Monday, November 15, 2010

Email takes on Postal Mail Services

Proliferation of electronic communication has affected many traditional ways of doing things. Last year, major newspaper declared big losses. Hence, came e-subscription. It's yet to see, if it's going to help them sustain. There seems no chance for postal mail services. Evidently, the Postal Service are blaming the deeper losses on the recession and on the continuing growth of e-mail.


Right now, U.S. Postal Service(pretty much postal services all around the globe) is on huge loss. Despite last year's huge trimming of it's workforce, the Postal Service said its net loss totaled $8.5 billion in the fiscal year that ended Sept. 30. That compares to a loss of $3.8 billion the prior year.

Many corporates are holding a notion of Going Green which means no more paper. Mentally, growing number of population are considering more paper use as cut trees(definitely not good for planet). Bank of America just launched compulsive online banking or pay more fees if clients opt-in to use paper mails. Their motives behind this could be cutting expenses. But it's undeniable that pretty soon, everyone will disregard paper mails to escape from pounding bank fees. This is just one example. Others will follow the suit rapidly.

Now is the age of online social networks, digital information boom era. Across the globe, information is passed on in matter of seconds. Email or any other sort of communication exchange technology, de facto,  will replace aging postal services sooner or later. I feel sorry for them, a traditional stuff soon to be superseded. It's hard to see their existence in next 20 years.

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