Running a small business is never easy, and I am always trying my best to keep costs to an absolute minimum. I have always been very transparent when it comes to postal charges, and these have always been charged at cost. I have not added an additional charge for the packaging as I have built the cost of packaging into the cost of the yarn. Yarn clubs have always been excellent value as the monthly package was post free. However, after today's Royal Mail announcement the current situation will sadly have to change.
Royal Mail have announced that the cost of posting a parcel containing one hank of yarn will rise from £1.96 to £2.70. This is a huge increase, but the up side is that this price of £2.70 covers parcels up to the weight of 750g which would mean 7 hanks of yarn. The biggest price rises have been saved for overseas packages. A parcel that up to the 30th April will cost £2.32 will rise to £3.86 or £3.90, depending on your location.
What all this means is that I have had to take the very difficult decision to increase the cost of yarn clubs with immediate effect. Up until now the clubs have included free postage to anywhere in the world, but with these new rises I can no longer sustain the costs that this entails. So it is with regret that I have increased the price of all the clubs this evening. The increase does not entirely cover the cost of postage, so you will still be making a saving.
All other postal costs will increase at the end of April when they come into force.
On a brighter note today was another beautiful day, and much of it was spent sorting yet more yarn for the shows ahead. This table contains all the bluefaced leicester/nylon light fingering yarn. Doesn't it look gorgeous? Over 100 hanks of yarny goodness:
2 reactions
1 From Dorothy - 27/03/2012, 21:53
Joking apart, the increases are very severe and will be quite damaging for many small businesses. I'm sure your customers will understand your reasons for increasing the prices and hopefully business will not suffer. Maybe encourage people to visit the various shows you will be attending.
The yarn looks just beautiful laid out like that in the sunshine ! Think there is rain on the way soon though.
Dorothy
2 From Freyalyn - 28/03/2012, 09:03