Tag: Pitney Bowes

Pitney Bowes says ‘Snail mail’ is here to stay

To the casual observer, “snail mail” is doomed. Bills can be paid with a mouse click. Photographs, even lengthy PowerPoint presentations, arrive instantly by e-mail. But Pitney Bowes (PBI) doesn’t believe it. It is in the mail business, and revenue rose 18% from 2000 to 2003. The company ranks No. 383 on the Fortune 500, and its stock is up 14% during the past 12 months. Pitney Bowes is the world’s largest maker of postage meters. It also goes on site at companies to operate mailrooms. It has contracts with the largest mass mailers, performing everything from envelope stuffing to using sophisticated software that keeps mailing lists accurate. Pitney Bowes CEO Michael Critelli, 55, talked with USA TODAY corporate management reporter Del Jones and warned businesses that they will lose opportunity if they believe snail mail is in its last stages

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Pitney Bowes plans for future in era of declining mail usage

In dozens of countries around the world, Pitney Bowes Inc. has woven an unbreakable connection to mail.

It started as a postal meter company in 1920. Today, Stamford-based Pitney Bowes makes sorters that separate letters by postal codes. It writes and sells software that enables small and large businesses to post mail, ship packages and track where those packages have landed. Pitney Bowes even has become a post office for postal companies: collecting, sorting and organizing the shipment of outgoing mail even for United Parcel Service, FedEx and the U.S. Postal Service.

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E-substitution for mail: models and results; myths and realities

Presentation at Rutgers 04 Cork by Luis Jimenez, Pitney Bowes. Progress report on study on e-substition
Ian Senior comments on presentation:
Jiminez’s paper is outstanding in its breadth and depth of approach to
>forecasting a future for mail.
>
>The main points remain:
>
>1) Each new communication medium that arrives has an impact that both
>increases the total amount of communication and, frequently, reduces for a
>while the volume and value of existing media but does not completely
>eliminate existing media. Thus cinema was supposed to kill off theatre; TV
>was supposed to kill off cinema; videos were supposed to reduce the amount
>of TV watched; transfer of files via the internet is currently predicted to
>kill off CDs etc. So far none of the threatened media has been killed off
>though their shares of the total communications market have changed. If
>the total market is growing, which it is, that helps them to survive.
>
>2) The Internet is already having a big impact on letters as a medium for
>one-to-one information. I write far more individual e-mails per day than I
>ever wrote individual letters per month. However, the impact of the
>Internet on direct mail advertising so far has not prevented the latter’s
>growth, in the UK at least.
>
>3) However, different technologies can kill off earlier technologies
>completely (e.g the fax killed off telex; e-mail is in the process of
>killing off faxes; audio cassettes and CDs have killed off vinyl; CD’s
>have killed off cassettes. The point in all these cases, including mail,
>comes down to the cost and convenience of the transmission per piece and,
>in the case of mail, the sales generated by the transmission. Spam is an
>example, akin to broadcasting radio and televition, in which the cost of
>sending literally millions of spam messages is no more than sending one.
>Hence, the tiniest response rate producing sales justifies spamming. This
>will change dramatically if ISPs were all to introduce charges for each
>e-mail sent.
>
>In conclusion Jiminez’s paper is an outstanding contribution but does not
>alter my view that the volume of mail pieces in the developed world will
>float slowly downwards over the next 5 years. Mail’s content will
>increasingly be direct marketing while one-to-one information bearing mail
>will largely migrate to the Internet. The advent of competition in
>providing mail services should reduce the cost to senders which in turn
>will encourage growth of volume.

P:LibraryRutgers 2004Jimenez Electronic Substitution for Mail.pdf

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Pitney Bowes acquires International Mail Express

Pitney Bowes Inc. have acquired substantially all of the assets of International Mail Express, Inc. for USD29 million. With annual revenue of approximately USD54 million, IMEX consolidates letters and flat-sized mail headed to international addresses to reduce postage costs and expedite delivery.

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