Yesterday the USPS announced a rate increase on postage. Stamps aren't going up much, just 46 cents. But boy are packages getting hit hard. And international packages seem to be getting hit the hardest! While most domestic packages are just increasing by a dime or a dollar, international packages are practically doubling. And this includes Canada as well.
Etsy has put together a nice post on their blog covering several commonly used services with the old and new rates so you can see for comparison.
Here is an Excel file of all the shipping services and new rates at the USPS site as well.
I went over my shipping prices on Thursday and started changing the rates. With custom orders I need to be ahead of the game since I won't be shipping until after the rate increase has taken effect. I was afraid international customers would stop buying all together after seeing the rate increase, but I have good news. I've already sold two items to international locations since raising my rates. While some customers may be deterred, customers who want your product are still going to buy regardless of the shipping.
Take a moment today to look over your shipping rates and make the necessary changes so you don't take a big loss on those large rate increases. The good news is, it didn't take me long to update my prices using the bulk edit tool on Etsy. Click on "Your Shop" at the top of the page. Then click "Shipping & Payment" on the left hand side of the page. There is a link that says "Apply Shipping Profiles to multiple listings". From there you can use the drop down menus to change all of your listings at once. Once I got my new profiles set, it was a piece of cake :)