Resources

Media Glossary

We've put together a guide to commonly used media terms, so you can dive into reports, campaigns, and strategies with confidence. Get a clear understanding of the language that powers media planning and buying.

44 terms

Common Terms 33

Media Cost

Ad spend. The price you pay for advertising during a specified date range

Nielsen Media Cost

Ad spend on Nielsen rated stations / dayparts

MERMedia Efficiency Rate

A metric to measure how efficiently paid media is driving total revenue

FormulaRevenue / Media Cost
ROASReturn on Ad Spend

A metric that measures revenue earned for each dollar you spend on advertising

FormulaRevenue / Media Cost
Ecom Order

Reported orders placed online

Formula.com + amazon.com
CPOCost per order

The average cost of advertising per sale

FormulaMedia Cost / Orders
CPACost per acquisition

A metric that measures the total cost of a customer completing a specific action

FormulaMedia Cost / New Customers
RPORevenue per order

The average amount spent by customers per transaction

FormulaRevenue / Orders
Conversion

A positive result toward marketing goal

Conversion Rate

The effectiveness of turning an opportunity into a conversion

TV formulaCalls+Visits / Orders
Digital formulaConversions / Clicks
IMP (000)

The estimated number of viewers

FormulaImpressions / 1000
CPMCost Per Thousand (impressions)

A bidding method where you pay based on the number of impressions received

FormulaMedia Cost / IMP (000)
GRPGross rating point

A percent of the target market reached multiplied by the exposure frequency

Formulaaudience size / total exposures
TRPTarget rating point

Total number of in-market impressions from a target audience as a percentage of market population

CPPCost Per Point or Cost Per Gross Rating

The cost of advertising exposure opportunities that equals one rating point in any geographically defined market

FormulaMedia Cost / GRP
Digital 3P Cost

Third party digital spend

View

Ads watched for a defined time period (seconds). The default number of secs varies by platform

Video Completed View

When an ad is watched start to finish

View Rate

A ratio showing the number of paid views of a video ad to the number of impressions that were eligible for views

FormulaViews / Impressions
Video Completion Rate

The percentage of users who successfully watched 100% of the video ad

FormulaVideo Completions / Impressions
TrueView In-Stream

A skippable video ad that auto-plays before a YouTube video starts

Engagement

Any interaction with your ad: view, click, like, share, comment

Click

User interacts with a digital ad

CPCCost Per Click

A bidding method where you pay each time your ad is clicked

QR Scan

When a user scans a QR code and clicks the link

CTR

A ratio showing how often people who see your ad end up clicking it

FormulaClicks / Impressions
Visit

When a user arrives to a website

Source

Phone Number / URL address

KPIKey Performance Indicator

KPIs are the metrics and results that determine your progress toward a marketing campaign objective

Brand Lift

The increase in effectiveness measurements (e.g., message recall) between respondents who did not view the ad and those who did

Prospecting

An advertising strategy that finds and targets new prospective customers based on behavior, interest, demo, geo and many other attributes

Retargeting

An advertising strategy that utilizes lists or pixels to serve ads to audiences who have previously engaged with your website or brand

Daypart

Block of time that divides the day into segments for purposes of selling advertising time on TV and radio

Media Channels 11

Linear TV

Traditional television delivered at a certain time via cable or satellite

VODVideo On Demand

Shown on a cable or satellite provider’s app when a consumer chooses to watch a show that previously aired

VMVPDVirtual Multichannel Video Programming Distributor

Aggregate live and on-demand TV and deliver over the internet in a linear fashion (Sling TV, Hulu Live TV, YouTube TV, fuboTV, PlayStation Vue, PlutoTV)

FASTFree Ad-supported Streaming TV

Available without a paid subscription. (Pluto TV, Xumo, Tubi, The Roku Channel)

Digital

Online ads via search engines, social media, display and more

CTVConnected TV

Digital content accessed by apps and streamed over Smart TVs, OTT Devices (Amazon Fire Stick, Apple TV, Roku) or Gaming Consoles (Xbox, PlayStation)

OTTOver the Top

Streaming content that is delivered via an internet connection rather than through a traditional cable/satellite company, on any device

OLVOnline Video

Video clips, TV shows and movies streamed from the Internet

FEPFull Episode Player

Professionally produced, TV-like content 30-60 mins in length on apps or websites (Bravotv.com or the Bravo app)

Programmatic Display

Automated method of buying display inventory executed using data and typically algorithmically driven systems with direct access to publisher ad servers, ad exchanges and networks

DSPDemand Side Platform

Software used to buy mobile, search, video and CTV/OTT ads programmatically