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Also known as: CPM, cost per thousand, cost per thousand impressions

Cost Per Mille

ConceptualMarketingMetrics

Definition

Cost Per Mille: Cost per mille is the cost an advertiser pays for one thousand impressions (views) of their advertisement. CPM is the standard pricing model for display advertising and brand awareness campaigns. Unlike CPC or CPA models, CPM charges for exposure regardless of whether users engage. It's most useful when the goal is reach and awareness rather than direct response.

Example Usage

β€œOur podcast sponsorship costs $25 CPM, reaching 100,000 listeners per episode for $2,500 total.”

Common Misconceptions

CPM is outdated. It's still the standard for brand campaigns, display ads, and sponsorships.
Lower CPM is better. Audience quality matters more than raw cost per impression.
CPM campaigns can't be measured. Brand lift studies and attribution can track CPM campaign effectiveness.

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