Formula
Formula
CPM = (Total Cost / Total Impressions) x 1000
If you spent $2,000 and received 800,000 impressions, the CPM is $2.50. Lower CPM is not always better, but it is a clean starting point for media efficiency analysis.
Guide
What to check alongside CPM
- Reach and frequency, so you know whether the same people are seeing the ad too often.
- CTR and CPC, so you can see whether cheap impressions also create clicks.
- ROAS or lead quality, so you do not scale a cheap but unprofitable audience.
Guide
How to use this page
- Enter campaign cost and impressions from the platform you are reviewing.
- Compare CPM across placements, audiences, and creative variants.
- Use the result to decide whether to keep, pause, or expand the test.
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