Formulas: CPM = (Cost / Impressions) × 1000 · Cost = (CPM × Impressions) / 1000 · Impressions = (Cost / CPM) × 1000
CPM stands for "cost per mille," or cost per one thousand impressions. It's one of the most common pricing models in digital advertising, used across platforms like Google Ads, Meta Ads, and programmatic display networks. Understanding CPM helps you compare campaign efficiency and forecast budgets accurately.