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NONE: Re: ONLINE-ADS>> Average CPM (Comparing different media)

Re: ONLINE-ADS>> Average CPM (Comparing different media)

Sean Pfister (seanp_at_cnet.com)
Mon, 7 Jul 1997 15:55:37 -0700

Chris Elwell <celwell_at_internet.com> writes:
>* The average CPM for 21 leading consumer computer magazines was $35.46 in
>1996. The average CPM for 32 leading controlled circulation computer magazines
>was $108.76.
>Source: Computer Publishing Market Forecast, 1997, SIMBA Information, (203)
>358 9900. http://www.simbanet.com

Not only is it difficult to find a meaningful average CPM in print, these
"cpm's" are not comparable to Internet "cpm's". A magazine CPM is based on
delivered copies rather than impressions. The assumption of the magazine
audience model is that every ad in the book is seen. On the Web, every ad,
in fact, IS seen (especially on sites that count only fully-delivered ads).

Syndicated research from IntelliQuest and Simmons indicates, at least for
computer-related publications, that significant portions of readers do not
read 100% of the magazine. A reach model that wanted to compare apples to
apples would factor in the probability that a magazine ad is "seen"
(perhaps using the syndicated numbers).

Magazine pricing is based on cost per thousand readers (with no indication
of ad viewership) while Web pricing is based on cost per thousand
impressions. It's unfortunate that the same term is used to describe
different commodities.

____________________________________________________
Sean Pfister
Director of Research and Analysis
seanp_at_cnet.com
Tel: 415/395-7805 x1529
FAX: 415/395-7814
Pager: page_seanp_at_cnet.com
Pager: 1-888-705-2179

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