NEW YORK, Aug 18, 2005 (BUSINESS WIRE) -- Universal Express Inc. (USXP), announced today its subsidiary UniversalPost Network and Total Identity Corp ("TIC") (TIDC) and its wholly owned subsidiary, Yard Sale Drop Off(TM) ("YSDO"), a trading assistant and Power Seller with eBay (EBAY), has entered into an exclusive agreement to market the YSDO online auction solution to UniversalPost Network members.
In April 2005 YSDO and UniversalPost Network entered into an agreement to leverage the independent postal centers throughout the United States. A key aspect of the alliance was to offer discounted shipping rates to YSDO members. Now, in addition to offering standardized discounted shipping rates to YSDO members through UniversalPost, YSDO will be offering its auction solution directly to the postal network members.
This change will enable the postal centers to generate additional revenue from their existing location without having members agree on a standardized shipping rate. This is a complete business in a box concept where a licensee can be in business almost immediately after being processed by YSDO. There are no credit checks or build-out delays and unlike eBay, where it is almost impossible to speak with someone if you have any questions, licensees will have a direct help line they can call for assistance. Furthermore, if someone was looking to go into a franchise business in a certain location, but was unable to because that territory was already taken, now is their chance. YSDO licensees will be limited by zip code and population.
"Offering discounted shipping rates through UniversalPost and offering stores the opportunity to become part of YSDO auction solutions will help stores increase their revenue, and their store value. With the increased sales and shipping demands we've all seen through eBay and Yard Sale Drop Off, increased locations are necessary to create a more efficient auction industry. The flow of goods from buyers and sellers has and will continue to increase, and UniversalPost and private postal stores are in the right position to help the industry grow," said Richard A. Altomare, CEO and Chairman of Universal Express, Inc.
Andrew Adams writes for www.magfranchise.org where you can find out more about franchising and other topics. |
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