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Measurement Guide

How to measure print advertising.

Print has a reputation for being hard to measure. It doesn't have to be. With the right setup, print can be measured like any other performance channel, down to the calls, leads, and sales each program drove. Here's how.

The short answer

Measure print in layers. Give every program and market its own phone number, code, or landing page to capture direct response. Match your new customers back to the households that received the piece to catch people who never used a code. And when you need to prove what print added, compare markets that got the mail with similar markets that didn't. Then judge everything on cost per lead or sale.

Why print feels hard to measure

Digital channels track clicks automatically. Print doesn't. Someone sees your offer on Tuesday, keeps it on the counter, and calls on Saturday, or skips the call and searches your name online instead. If you only count the responses that come with a code attached, you'll miss a lot of what print did.

That's why performance print measurement uses more than one method. Each one catches something the others miss.

1
Direct responseCalls, codes, and scans tracked by program and market
Who responded?
2
Customer match-backNew customers matched to households that got the piece
Who else did print reach?
3
Test vs. holdout marketsGrowth compared with similar markets that got no mail
What did print add?
Three layers of measurement. Each one catches something the one before it misses.

Layer 1: Direct response tracking

This is the foundation. Every program, and ideally every market, gets its own way to respond:

Direct response tells you which programs and markets are generating activity, and it's available within days of each drop. See our tracking best practices for how to set each one up.

Layer 2: Customer match-back

Many people who respond to print never use the code. They search your name, walk in, or come back weeks later. Match-back catches them.

After a program runs, your new customer list is matched against the addresses that received the piece. Customers who were in a delivered household during the program window get credited to print, even without a code. This usually shows that print drove more than direct response alone suggested.

Layer 3: Test vs. holdout markets

Direct response and match-back show who responded. They don't show what would have happened without the mail. Some of those customers might have come in anyway.

To answer that, pair markets that get the mail with similar markets that don't. Pick them based on size, past sales, and customer mix so they start out alike. When the program runs, compare how sales change in each group. The difference is the lift print created on its own. This is the most reliable way to prove print's value to a CFO or a skeptical client.

First drop lands Lift from print Before During the program Weekly sales
Markets that got the mailSimilar markets with no mail
Illustrative example. The gap between the two lines is what print added on its own.

The metrics that matter

MetricWhat it tells you
Response rateThe share of households that called, scanned, or used a code. Useful for comparing creative and formats.
Cost per leadWhat you paid for each call or form. The best day-to-day number for comparing programs and markets.
Cost per saleWhat you paid for each new customer. This is what decides whether a program stays in the plan.
Return on ad spendRevenue from print-driven customers divided by what you spent on print.
LiftHow much more test markets grew than holdout markets. The clearest measure of what print added.

How to report on print

Print results build over several drops, so reporting should follow the program, not just the end date:

Common mistakes

Measurement is built into every program we run. See how we plan, buy, and measure print.

Common questions

Can print really be measured like digital?

Not click for click, but close. With unique tracking on every program, customer match-back, and test vs. holdout markets, you can measure print on the same cost per lead and cost per sale terms as your digital channels.

What is a match-back?

A match-back compares your new customers against the households that received a print piece. Customers who match get credited to print, even if they never used a code or tracking number.

How long does it take to measure a print program?

Direct response shows up within days of each drop. For a reliable read on cost per sale and lift, plan on at least three months of results.

Do I need a holdout test for every program?

No. Direct response and match-back are enough to manage most programs week to week. A holdout test is worth it when you need to prove print's overall impact, like before a big budget increase.

Want print you can
actually measure?

Tell us your goals and we'll build a plan with tracking set up from day one.

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