32 O N E t o O N E 0 4 - 0 5 / 2 0 2 2 Costs/benefits of different output channels Media channel Print run Conception, art work, programming Shipping costs or post- age for postcards Postcard printing costs Email 10,000 € 2,500.00 € 100.00 € 0.00 Marketing investment at 10,000 ex. € 2,600.00 CVR conversion rate 0.5% Shopping baskets sold 50 Shopping basket value (average) € 100.00 Cost per order (CpO) € 52.00 Revenue earned € 5,000.00 Profit margin from sales 25% Profit from sales € 1,250.00 Profit after deduction of marketing investment € -1,350.00 ROMI (return on capital investment) €-0.52 Classic print Programmatic printing 10,000 € 5,000.00 € 2,800.00 € 250.00 € 8,050.00 6.8% 680 € 122.00 € 11.84 € 82,960.00 30% € 24,888.00 € 16,838.00 10,000 € 7,500.00 € 2,800.00 € 500.00 € 10,800.00 13.6% 1,360 € 122.00 € 7.94 € 165,920.00 30% € 49,776.00 € 38,976.00 €2.09 €3.61 Programmatic printing pays off: once marketing automation is set up, there are no additional costs for programmatic postcards compared to standard postcards. The postal service charges in Germany the same 28 cents for dialogue postage, regardless of how many customised versions are printed. The printing costs of high-speed inkjet postcards are increasingly approaching the costs for offset postcards with address lasering, amounting to around a tenth of the postage costs. Our comparative calculation assumes that a marketing auto- mation solution has already been set up that can work for both online advertising and print advertising (see page 40). Our pilot campaign is to reach 10,000 addressees via postcards. For con- ception, art work and programming, we set 2,500 euros for the email campaign, 5,000 euros for the classic print campaign and a pessimistic 7,500 euros for the programmatic campaign. Print is more expensive than email, especially due to the post- age. However, according to the CMC study, it scores points with higher conversion rates and a higher average shopping basket value. This results in costs per order of 52 euros for email, while programmatic printing only requires 7.94 euros CPO. For our exemplary pilot campaign, emailing generates a loss of 52 cents from the use of one advertising euro. Here, a higher circulation is worthwhile to compensate for the creative costs: from 21,000 copies, the email ROMI turns around to plus. Programmatic printing achieves a profit of 3.61 euros from an advertising euro from the very beginning. With a circulation of 100,000 copies, the ROMI of the email campaign is 3.81 euros, the classic print campaign 29.92 euros and the programmatic campaign 45.09 euros. But this is then no longer a pilot project. One can see that even in a small pilot project with compara- tively high fixed costs, for which 10,800 euros are used, the higher conversion rates, which overcompensate for the additional costs, are decisive. An Excel file for calculating one's own (pilot) projects can be found on Programmatic-Printing.de. (jg)