Cost Per Mile (CPM) or (CPT)
What is Cost per mile?
Cost Per Thousand/Cost Per Mile is a kind of prototype of payment for advertising on the Internet. Advertiser gives money for every thousand impressions with the use of advertising materials, commonly banners. It is paid to affiliates, who try to promote advertiser's product, service or site.
Cost Per Thousand CPT is also called as Cost Per Mille CPM because word M also means number 1000.