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Basics · · 5 min read

What Is a CPM and Why Should Founders Care?

CPM means cost per thousand views. It is the cleanest way to compare ad channels. Here is what it is, how to read it, and why founders should track it.

CPM stands for cost per mille, which is just a fancy way of saying cost per thousand views. If you spend 500 dollars and get 250,000 views, your CPM is 2 dollars. It is one of the most useful numbers a founder can learn because it lets you compare wildly different channels on the same footing.

Why it is the great equalizer

Different channels brag about different things. One talks followers, another talks impressions, another talks clicks. CPM cuts through all of it by asking a single question: how much does it cost to put your message in front of a thousand people. Once everything is in CPM terms, you can see which channel is actually cheap and which one just looks cheap.

How to read a CPM the right way

  • A low CPM on fake or overseas views is not a deal, it is a waste, because none of those people will ever buy
  • A slightly higher CPM on real tier one American views can be the cheapest option once you measure outcomes
  • Always pair CPM with a conversion signal, so you know the cheap reach is also working reach
  • Compare CPM across channels for the same audience, not across audiences that will never convert the same way

Why we named the company after it

We obsess over the cost of real reach, so we put it in the name. We run distribution across hundreds of vetted American pages and price it on the views you actually get, which keeps the CPM honest and visible. If you want to see what a real CPM looks like for your brand instead of a number dressed up to sound good, book a call.

Want to see what a campaign looks like for your brand?

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