Marketing term definitions

Cost per thousand views (CPM)

🎉 THe fun  definition:

Cost Per Thousand Views (CPM) is advertising's way of reminding you that even your wallet needs cardio. So, whenever you want to show off your ads, you'll need to shell out a certain amount of cash for every thousand pairs of eyeballs that gracefully glance upon it. Think of it as a popularity contest where you pay judges to throw you a wink, just so you know they're watching.

🤓 THe nerdy  definition:

Cost per thousand views (CPM) is a metric used in digital advertising to denote the price an advertiser pays for one thousand impressions, or views, of their ad. This pricing model is crucial for advertisers aiming to enhance brand visibility and awareness, as it allows for broader audience reach without the engagement of clicks. CPM is calculated by dividing the total cost of the ad campaign by the number of impressions (in thousands), enabling advertisers to effectively budget and assess the efficiency of their advertising spend. This model is particularly prevalent in display advertising across various online platforms, where reaching a large audience is often prioritized over direct action or conversion. Understanding CPM also allows marketers to compare costs across different media channels and optimize ad placements for maximum exposure.

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