A process for the preparation of an olefin product comprising ethylene and/or propylene, which process comprises the steps of
a) cracking a paraffin feedstock comprising C2-C5 paraffins under cracking conditions in a cracking zone to obtain a cracker effluent comprising olefins;
b) converting an oxygenate feedstock in an oxygenate-to-olefins conversion system, comprising a reaction zone in which an oxygenate feedstock is contacted with an oxygenate conversion catalyst under oxygenate conversion conditions, to obtain a conversion effluent comprising ethylene and/or propylene;
c) combining at least part of the cracker effluent and at least part of the conversion effluent to obtain a combined effluent, and separating an olefin product stream comprising ethylene and/or propylene from the combined effluent, wherein the paraffin feedstock comprises ethane, and wherein the cracking conditions in the cracking zone are selected such that 60 wt % or less of the ethane in the paraffin feedstock is converted during a single pass through the cracking zone.