Over the past few years, CPM has become the common currency for online advertising. But is the model still relevant?
Should we be buying online media based on engagement rather than just passive consumption?
In the current tough financial period, would advertisers be willing to commit more budgets online if customer engagement was guaranteed?
With vast amounts of inventory available, increased competition and dropping response rates, many publishers are seeing their display advertising CPM rates falling.
The challenge is to offer advertisers increased flexibility and new formats in order to protect margins.