"Russian Post" is an infrastructure player that offers its capacities
Posted: Thu Jan 23, 2025 6:41 am
Russian Post has faced serious challenges: either it becomes a deeply unprofitable and inefficient enterprise, or it focuses on business tasks and establishes close cooperation with online players, experts believe. The company is carrying out the necessary modernization measures with a huge delay, believes Mikhail Burmistrov, CEO of Infoline-Analytics. "For example, only now has the transformation of branches and joint development with the largest marketplaces begun. This should have been done several years ago, and then, perhaps, the marketplaces could not create some part of their logistics infrastructure, but use the infrastructure of Russian Post," the analyst explains.
, including for participants el salvador whatsapp resource in the online trade market, notes Data Insight partner Fedor Virin. According to him, the inflexibility of "Russian Post", caused by a huge infrastructure and rather old processes and software, has led to the fact that it is quickly losing its share of the online trade market, which is 2 billion parcels per year. Over the past few years, the largest market players have built hundreds of thousands of fulfillment warehouses, more than 60,000 order pick-up points, the analyst adds. "The effectiveness of "Russian Post" may be due to similar actions, but direct subsidization of a state structure by actually competing commercial structures providing better service looks like a non-market and unpromising idea," concludes Virin.
When Russian Post pushes the issue of subsidies, which is essentially a tax on marketplaces, this has an extremely negative impact on interactions with the company's largest partners, says Mikhail Burmistrov: "Even if Russian Post receives a tax from its partners, this will not solve the company's problems. Marketplaces will simply replace it in all aspects where it is still needed (work with rural areas and cross-border trade)." At the same time, he does not rule out that at some point Russian Post will need government support, but he is confident that it is not the work of the company that should be subsidized, but its modernization to increase efficiency.
, including for participants el salvador whatsapp resource in the online trade market, notes Data Insight partner Fedor Virin. According to him, the inflexibility of "Russian Post", caused by a huge infrastructure and rather old processes and software, has led to the fact that it is quickly losing its share of the online trade market, which is 2 billion parcels per year. Over the past few years, the largest market players have built hundreds of thousands of fulfillment warehouses, more than 60,000 order pick-up points, the analyst adds. "The effectiveness of "Russian Post" may be due to similar actions, but direct subsidization of a state structure by actually competing commercial structures providing better service looks like a non-market and unpromising idea," concludes Virin.
When Russian Post pushes the issue of subsidies, which is essentially a tax on marketplaces, this has an extremely negative impact on interactions with the company's largest partners, says Mikhail Burmistrov: "Even if Russian Post receives a tax from its partners, this will not solve the company's problems. Marketplaces will simply replace it in all aspects where it is still needed (work with rural areas and cross-border trade)." At the same time, he does not rule out that at some point Russian Post will need government support, but he is confident that it is not the work of the company that should be subsidized, but its modernization to increase efficiency.