Product development

We intend to continue to create new, innovative package products. This increasing diversity of offerings and tailored pricing has steadily expanded customer use of our package products and services.

The Postal Service made a number of important additions to its product and service offerings in FY2011. They include:

• Priority Mail Regional Rate Boxes. They provide businesses speedy delivery with a 2–3 day commitment and excellent pricing. They are ideal for commercial and online shippers, and companies with decentralized warehousing.
• Parcel Select Regional Ground is an economical ground option for lightweight parcels. This service makes it possible for retailers to offer free shipping to their customers.
• “Forever” Prepaid Flat Rate Priority Mail products are an extension of the “Forever” stamp concept. These Flat Rate Boxes are very popular with small businesses and residential customers.

Evolution of competitive products and pricing 2007-2011