franking machine - is it worth it? - HotUKDeals
We use cookie files to improve site functionality and personalisation. By continuing to use HotUKDeals, you accept our cookie and privacy policy.
Get the HotUKDeals app free at Google Play

Search Error

An error occurred when searching, please try again!

Login / Sign UpSubmit
Expired

franking machine - is it worth it?

£0.00 @
hi .im thinking about buying a franking machine. just thought i would get some insight into it before i do im sure some guys on here use it. any pros and cons ;-) thanks
optimus_prime2 Avatar
2y, 3m agoPosted 2 years, 3 months ago
hi .im thinking about buying a franking machine.
just thought i would get some insight into it before i do
im sure some guys on here use it.
any pros and cons ;-) thanks
optimus_prime2 Avatar
2y, 3m agoPosted 2 years, 3 months ago
Options

All Responses

(10) Jump to unreadPost an answer
Responses/page:
#1
What are you using it for, may I ask? What kind of volumes do you send?

I used to send large numbers by royal mail buy had a "PPI" postage paid impression which basically is when you see the "1" or "2" in the square on the corner of a letter. It was much cheaper, and billed 30 days after not prepay.

With a franking machine you will need to top up before you use it so it could mean having large amounts of credit loaded up.
#2
hi mate started selling alot of stuff on ebay.so going thrue alot of stamps.so was thinking about franking machine.
hey how cheap is ppi compared to stamps ie - 2nd class large which costs like 0.72 i think.
#3
optimus_prime2
hi mate started selling alot of stuff on ebay.so going thrue alot of stamps.so was thinking about franking machine.
hey how cheap is ppi compared to stamps ie - 2nd class large which costs like 0.72 i think.

Second class large in stamps is 73p (close!) with an account it is 60p. I've got the link below

http://www2.warwick.ac.uk/services/estates/services/postport/postroom/rm_business_price_guide_mar2014d.pdf

If you spend like £10k-15k a year you can get a free collection. Most people are put off applying because of this... You can actually get an account without the spend restriction and just drop parcels down the local P.O.
#4
You need to do the maths! How much are spending on stamps x saving on franked rates
Versa the costs of purchase/ lease and ink. Also usually a charge to recredit machine and you have to buy a PO licence and have machine annually serviced to maintain licence.
Factor in time getting stamps and looking more professional.
Probably need to spend £200 a month on stamps to be worthwhile.
#5
optimus_prime2
hi mate started selling alot of stuff on ebay.so going thrue alot of stamps.so was thinking about franking machine.
hey how cheap is ppi compared to stamps ie - 2nd class large which costs like 0.72 i think.

Any account of some sort is cheaper than standard stamps. Franking you pay for the machine and the marketing is the savings pay off the machine - used to save time really but on the small side of quantity.

PPI is for volume - if you send a reasonable amount call RM and they assess you for the quantity. You might think you dont send much (work out average daily) but they give a great discount to me when I was sending just under 1000 per week. 15,000 items per year gets automatic collection if you want it of course, about £900 per year otherwise which is expensive, no matter how they spin the cost! Costs for PPI, we pay 36p for second and I think 46 for 1st for under 1,000 standard letters per week. Volume discounts can reduce this further depending on how many but only by a few pence each time. Large letter costs also dramatically fall as you can set this up as an option to the OBA account you set up.

We send many more letters now so get 2nd for about 30p now but even at 36p compared to 53p now its a decent business saving. Oh remember the prices they tell you exclude VAT so it would be 36p + vat - obviously if you are VAT reg you just claim back what you pay on you tax returns but you actually pay the VAT amount to RM so 36p + 7p = 43p. Buy an actual stamp at 53p and there is NO VAT applied to make 53p.

Just seen you mentioned 2nd class large too - this service is called RM 24 and 48 - cost us before 72p ex. vat up to 100g for 24 hour (1st class but do arrive next day just not guaranteed) and 58p for RM 48. Wording of the deal did say volume had to be 1000 overall but i think they just look at the total items you give RM

"based on your posting profile with an annual volume of at least 1000 large letters and parcels, and an average volumetric of 10 cubic litres or less per item for parcels in any one posting:"

hope useful
#6
monogram
optimus_prime2
hi mate started selling alot of stuff on ebay.so going thrue alot of stamps.so was thinking about franking machine.
hey how cheap is ppi compared to stamps ie - 2nd class large which costs like 0.72 i think.

Second class large in stamps is 73p (close!) with an account it is 60p. I've got the link below

http://www2.warwick.ac.uk/services/estates/services/postport/postroom/rm_business_price_guide_mar2014d.pdf

If you spend like £10k-15k a year you can get a free collection. Most people are put off applying because of this... You can actually get an account without the spend restriction and just drop parcels down the local P.O.

Where did you get 60p from in that PDF? Page 16 or 10/29 of PDF says 55p for RM 48 and 68p for RM 24?
#7
Your other alternative is to buy discounted postage from stamp dealers. You should be able to purchase any amounts of genuine full gum legal postage for around 85% of face or less, depending on denomination. If you want NVI (non-value-indicators 1st, 2nd class etc) postage you will have to pay 90%

Do not be tempted to buy ungummed stamps that have been through the postal system. It is illegal to re-use them and if caught you would face prosecution.
#8
What code is it for large letter on PPI for business account, is it 'CRL' you using ?
#9
great-deals
monogram
optimus_prime2
hi mate started selling alot of stuff on ebay.so going thrue alot of stamps.so was thinking about franking machine.
hey how cheap is ppi compared to stamps ie - 2nd class large which costs like 0.72 i think.

Second class large in stamps is 73p (close!) with an account it is 60p. I've got the link below

http://www2.warwick.ac.uk/services/estates/services/postport/postroom/rm_business_price_guide_mar2014d.pdf

If you spend like £10k-15k a year you can get a free collection. Most people are put off applying because of this... You can actually get an account without the spend restriction and just drop parcels down the local P.O.

Where did you get 60p from in that PDF? Page 16 or 10/29 of PDF says 55p for RM 48 and 68p for RM 24?


Page 6.

RM 24 and 48 are services for businesses posting over 250 items PER DAY. The OP sends a lot using stamps although I presumed he was not spending £150 a day on stamps...
#10
Sandy1012
What code is it for large letter on PPI for business account, is it 'CRL' you using ?
CRL what?!

Post an Answer

You don't need an account to leave a response. Just enter your email address. We'll keep it private.

...OR log in with your social account

...OR comment using your social account

Looking for Twitter login?
Thanks for your comment! Keep it up!
We just need to have a quick look and it will be live soon.
The community is happy to hear your opinion! Keep contributing!