Quick Overview
Print spend is one of those costs that’s easy to underestimate because it usually arrives in bits and pieces. A rush job here, an unexpected reprint there – by the end of the year the total might be higher than expected. This blog looks at where that money goes and why a little forward planning makes a bigger difference than you might expect.
Getting More from Your Print Budget
The Budget Nobody Really Owns
It’s that time of year when everyone’s looking hard at what they spend and where. The Chancellor has his list, ready for the red box at Downing Street. You will have your list too.
Your printing budget may not be at the top of that list but it probably deserves more attention than it gets. Most people who buy printed items regularly couldn’t tell you exactly what they spend on it in a year: the stationery from one supplier, the event materials ordered at short notice from another, the brochures that got reprinted because the first batch was wrong, or ran out, or went out of date before anyone used them. It’s spread across too many invoices and last-minute decisions to track easily. None of it feels like a big decision at the time but when you look at it across a full year, it adds up.
Where Does the Money Actually Go?
Most of the overspend in print comes down to how an order is placed rather than what it costs per unit.
Rush premiums are probably the most common drain. Most online print suppliers charge significantly more for fast turnaround. A job that could have been briefed a couple of weeks in advance ends up going in as an urgent order at a higher rate because something changed at the last minute. It happens on a regular basis for a lot of businesses, and those premiums can add up quickly.
Minimum order quantities cause a different kind of waste. A lot of suppliers, particularly those running traditional litho presses, need a minimum run to make a job cost-effective. So you end up ordering more than you need, paying for materials that sit in a cupboard until the content changes or the brand gets updated. You’ve paid for stock you may never use.
Getting the specification wrong is more common than people think, and it usually happens when there’s no one checking previews properly before a job goes to print. It may be a wrong paper weight or a finish that doesn’t look right when it arrives. That costs money and time.
Management time is a cost that is never obvious on an invoice. Things like briefing a new supplier from scratch or chasing a delivery that’s late. Trying to work out why two invoices from different places look completely different. It’s an overhead cost, even if it’s not reflected on a spreadsheet.
What’s Different About Working with a Digital Printer
Digital printing doesn’t need plates or long set-up runs. Short runs are just as viable as longer ones – there are no minimum quantities to hit before a job makes financial sense. You just order what you actually need.
That also means short runs are genuinely practical for anything that gets updated regularly … like new course content or a seasonal promotion. Rather than committing to a large run of something with a short shelf life, you print what you need now and come back when things change. It’s less wasteful and usually cheaper overall. iQ Digital House has also invested significantly in its equipment, so short runs don’t mean a compromise on quality or turnaround time.
Another factor to point out is variable data printing. This is where every single item in a print run carries different information – a different name, address or a unique reference number. It’s the kind of thing a traditional litho press can’t do cost-effectively, but it opens up personalised direct mail and targeted communications that would otherwise mean a separate process or a trip to a different supplier.
Print and Digital Aren’t in Competition
Marketing teams sometimes treat print and digital as if they’re competing for the same budget. They do a better job when they’re working together. A direct mail piece with a QR code sends people to a specific landing page. A printed brochure sits on someone’s desk long after an email might have been deleted or forgotten. The shift to 2D barcodes on packaging is a good current example of a physical product linking directly to digital content through a single scan. It’s not really about choosing between print and digital. Working out how to make both earn their place is the crucial part.
Because iQ Digital House handles design, print and finishing in-house, the printed piece and whatever it links to digitally can be developed alongside each other. The two work better that way than when they’re briefed out as separate projects to different suppliers.
If You Have a Regular Print Programme
If you have materials that go out on a regular basis – branded folders, roller banners, presentation packs, tent cards – there’s a practical middle ground between reprinting in small batches every time and ordering more than you need just to be safe.
Our storage and distribution service, run from our Aldershot site, lets you print a longer run at a lower unit cost and hold the stock at our warehouse until you need it. There’s an online platform that lets you view your current stock levels and, when you need more, you can easily order with a quick email to us. Everything goes out pick-and-pack, directly to wherever it needs to go, so you’re not handling fulfilment at all.
Some clients take a split approach: a static outer – a folder or a box – is printed in a longer run and held in stock, while the contents are printed fresh and inserted before despatch. The parts that don’t change get the benefit of a longer run; the parts that do stay flexible. Keeping the stock with us means you’re not paying to store materials in your own office, and you won’t suddenly find yourself short at the wrong moment.
The Difference a Plan Makes
iQ Digital House works quickly – most jobs turn around within one to three days, and that’s not going to change. But the clients who get the most out of their print tend to do a bit of thinking before a job comes to us, rather than after.
Artwork is the most common source of delay. Files that arrive in the wrong format, or with live text too close to a trim edge, or with a QR code that hasn’t been tested … these are the kind of things which slow everything down. A template set up correctly from the start and a brief that covers paper weight and finishing options before the job goes to press mean the job comes back exactly as expected.
It’s also worth looking at what you actually ordered last year – how much was reprinted, how much was left over, how many separate jobs could have been consolidated. If you ordered twenty roller banners at different points across the year, placing them as a single run would have cost less per unit.
The smaller details matter too: delivery addresses confirmed before despatch, quantities checked against actual need rather than rough estimates. Getting those right the first time avoids the reprint costs or wasted stock that may unnecessarily inflate a print budget over a year.
If a spending review is on the horizon (or even if it isn’t), a proper look at your print budget might make a bigger difference than you think.
If you’d like to talk through how this might work for your organisation – a specific project or just a general conversation about print – get in touch and we’ll take it from there.