What is a CPV (cost per view)?
Cost per view (CPV) is a digital advertising metric that calculates the cost paid each time an ad is viewed. This metric is crucial for marketers focused on video campaigns where views are more relevant than clicks. CPV helps set budget expectations and gauge the financial efficiency of ad placements and targeting strategies. By analyzing CPV trends, marketers can identify which aspects of their campaigns resonate with audiences. It allows for tactical adjustments to creative content, targeting, and bidding strategies. Optimizing CPV can lead to higher engagement at lower costs, maximizing the return on advertising spend. Effective CPV management ensures that marketing budgets are spent on ads that truly capture viewer attention.
How to calculate CPV (cost per view)?
To calculate cost per view (CPV), divide the total cost of your advertising campaign by the number of views it received. The formula is CPV = total advertising cost / number of views. This metric helps assess the cost-effectiveness of ad views.