Top 10 CPM Ad Networks for Publishers (2022 Edition)

Top 10 CPM Ad Networks for Publishers (2022 Edition)

Ad networks are not only geared for advertisers. Publishers can increase their revenue and monetize their properties by leveraging Ad Network technologies. There are a lot of ad networks out there, how do you know which one is the right for you? In this post, we’ll guide you through our pick of the best CPM Ad Networks for Publishers.

Short in Time? These Are Our Top 4 CPM Ad Networks

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A complete holistic solution for publishers, enabling them to leverage search, ads, and news monetization options while improving the UX.
2 Google AdSense This is the most widely adopted ad network, serving ads on publisher’s sites to help her with monetization.
3 Propeller Ads A self-serve CPM platform serving multiple ad formats. Includes a simplified ad creator.
4 Taboola Works well with niches. Presents content in a newsfeed format and matches campaigns to specific publishers.

What’s a CPM Ad Network and Why it’s Important

Ad networks work as intermediaries connecting the publishers and advertisers. A CPM ad network sells the publisher’s inventory by using a Cost-Per-Mille model. Publishers can work with different ad networks. You can use an ad network to sell your main or remnant inventory.

How Do You Choose the Best CPM Ad Network?

There are numerous advertising networks offering a wide range of ad formats and rates.  Before diving into the list, let’s explore a bit what you need to take into account when choosing a CPM network for your business.

Consider your target audience, who are your potential users? Do your product or service caters to B2B or B2C? Take into account the demographics: age, location, gender, interests, income level. The niche where your company moves is also important. If you are in a generic market, you should choose an ad network that has a large reach.

Best CPM Ad Networks for Publishers

1. CodeFuel

Codefuel is a complete and versatile monetization platform designed to help publishers maximize their yield. It offers intent-based search advertising and contextual advertising solutions for websites, extensions, and applications.



  • Website monetization: delivers relevant text ads to drive high-intent users and increase conversions.
  • Customized search results page (SERP): leverages search intent by serving search sponsored text ads on a custom search page.
  • App monetization: provides intent-based search and monetization with in-app ads for applications or browser extensions.
  • Search mediation: provides custom and optimized landing pages for media campaigns. Supports multiple media platforms ( Facebook, Google, Taboola, Outbrain). Deploy monetization pages on your own site.
  • Contextual advertising: an intent discovery platform that generates dynamic and contextual ad units to serve relevant ads at the right moment on the website.
  • News feed:  Premium news feed that enhances the user experience.


  • All-in-one: it allows you to leverage search, ads, shopping, and news for monetization.
  • Tracking and analytics
  • Central management and visibility
  • Multiple integrations: integrates with MSN, Bing, Yahoo, and more than a thousand quality publishers.
  • Visibility: a central dashboard provides visibility and insights into your monetization efforts.
  • High-quality traffic
  • Easy to use interface
  • Multiple targeting options
  • Cross-platform integration: mobile and desktop.


  • Not suitable for small publishers. For the system to yield maximum returns, it requires a mid-sized audience.

2. Google Adsense and Google Doubleclick Ad Exchange

Google Adsense is the most popular ad network with a massive reach. However, this same reach makes it less suitable for niche publishers.

Google AdSense


  • Automated text, image, and video ads: Automatically serve ads according to search terms and relevant content on websites.
  • Ad size optimization: Adapts the size of the ad to the user screen and layout, maximizing the yield.
  • Analytics Data shows analytics to track performance.
  • Search ads: serves text and image ads Provides analytics for search campaigns


  • Custom report generation.
  • Analytics track traffic and income.
  • Easy to implement.


  • Approval and verification is lengthy process.
  • High traffic requirements.
  • It doesn’t integrate with specific platforms like Squarespace.
  • Cost-Per-Click is very low compared to other ad networks.

3. Propeller Ads

Propeller ads has become a popular option for publishers. It is highly focused on maximizing ad performance. Still, it lacks basic features like header bidding. 

Propeller Ads


  • Clean ads
  • Compatible with AdSense
  • Wide coverage
  • AdBlock workaround


  • There is no minimum traffic requirement.
  • Offers a wide range of payment options, including PayPal, WebMoney, Payoneer.


  • Although the platform supports non-English sites, the revenue is lower.
  • Lower CPM for low-quality websites.
  • Doesn’t offer header bidding.

4. Taboola

Taboola is an ad network that works by delivering curated sponsored content. It has high customization.



  • Presents the content in a newsfeed format.
  • Offers publishers A/B testing and editorial insights to improve the quality of their content.
  • Allow publishers to receive more traffic by exchanging existing traffic with third-party sites.
  • Publishers can see post-click behavior, embed their own videos, and customize their website.
  • Supports sponsored content and in-feed videos.


  • Offers templates for mobile web monetization
  • The publisher can track traffic and conversions.
  • Analytics and reporting


  • No free trial
  • Only offers one payment method
  • The user interface is confusing and disorganized.

5. Outbrain

Outbrain is an ad network that focuses on sponsored content, specifically video. Similar to Taboola, presents the content in newsfeed format, leveraging sponsored and ads. 



  • Native out-stream video with varied video lengths from 6 to 120 seconds.
  • Personalized feed with editorial, video, and sponsored content.
  • Optimization engine.
  • Ad server


  • Proprietary monetization method
  • Easy to install and user interface
  • Quality traffic
  • Good customer service
  • Compatible with Google Adsense.


  • Low earnings
  • Delayed reporting
  • Native formats only

6. Adcash

An ad network that caters to publishers and advertisers. On the publisher side, they partner with SSPs to deliver targeted ads. Adcash


  • Global coverage in more than 190 countries. All types of traffic can be monetized.
  • Multiple ad formats.
  • Real-time analytics.
  • Anti Adblock
  • Accepts multiple payment methods.


  • No additional charges for processing transactions
  • Several ad formats
  • Multiple payment options
  • Accepts all kinds of traffic.


  • It doesn’t have a referral program for publishers.
  • Lower CPM rates than the market.

7. Conversant Media

It is an ad platform for publishers and advertisers that specializes in personalized ads. Conversant media also offers an affiliate network.

Conversant Media


  • Formerly known as Epsilon it has publishers in a range of verticals, from telecom to retail.
  • Low traffic requirements.
  • Low cashing requirements.
  • Accepts only Paypal.


  • Broad reach across different industries.
  • Easy to qualify.
  • A quality pool of advertisers.
  • Easy user interface.
  • Real-time data.
  • Advanced reporting.


  • Slow and clunky.
  • Difficult to use interface.
  • No brand safety measure for campaigns.
  • Doesn’t give an in-depth analysis.

8. Revcontent

Is a content marketing platform, focused on connecting advertisers with their target audiences. It works primarily as a demand-side platform but has some services for suppliers. 



  • Native and display ads.
  • Audience insight feature.
  • Invitation-based network


  • Offers a high CPM rate.
  • Real-time reporting dashboard.


  • Difficult to get approved.
  • Not suitable for small publishers.

9. BuySellAds

Buysell ads offer advertising solutions for publishers and advertisers. They are focused on the tech niche. 



  • Control panel with an intuitive user interface.
  • Reportings filtered by date range and ad zone.
  • Multiple payment methods (Check, Paypal, Wire)
  • Good support with a Knowledge Base.
  • Focused on the tech, freelancer, web design niche.


  • Offers website display ads, mobile app display ads, desktop, RSS.
  • Gives publishers the 75% of the revenue they get from advertisers.
  • Google Adsense compatible.
  • No minimum traffic requirements.


  • You can only get payments twice a month.
  • Limited niche.

10. Exponential

It is a provider of digital solutions for the advertising industry. For publishers, it offers access to premium advertisers. 



  • High impact ads
  • Pre-roll ads
  • Gives you 55% of the revenue.
  • Direct, first-look inventory.


  • Lucrative rates for CPM ads.
  • Multiple ad types.
  • Premium inventory.


  • Strict entry requirements make it a hard ad network to get into. You need a minimum of 500,000 monthly views and 5000 daily unique visitors.
  • Limited reach with only 22 countries on their network.

Key metrics: What is CPM?

CPM or Cost-per-Mille is the amount advertisers pay publishers per every thousand impressions of an ad.


Some ad networks use a CPC model instead. In this section, we’ll explore what CPC is and the differences with CPM for publishers.

CPC is the amount a publisher gets paid every time a visitor clicks on an ad on their website

CPC = (Total cost of clicks / Total measured clicks) 

How does it work? Let’s explore this with an example. If the campaign generates 1000 clicks and the budget is $100 you’ll get paid $0.1 per click.

CPC = 100 /1000 = $0.1

What is better for publishers?

CPM refers to how many times the ad appears on a website. Therefore, advertisers pay for impressions regardless of the clicks they get. This makes it the safest option for publishers to get revenue. Advertisers may also benefit from CPM because they can get more clicks from generated impressions. Additionally, a CPM ad network that serves highly targeted ads may achieve more for advertisers.

Related content: Learn more in CPC vs CPM Bidding: What’s the Difference in 2021?

What Are the Benefits of CPM Ad Networks for Small and Medium Publishers?

Publisher ad networks based on CPM (cost per mille) are beneficial because instead of paying for a fixed number of clicks, advertisers get more exposure. That’s why it is used for brand awareness campaigns.

CPM networks are good for small and medium businesses since they represent a lower cost for advertising campaigns. Other benefits for companies include:

  • It is easy to track ad performance.
  • Payment is transferred to the publisher when the page is loaded.
  • CPM ad networks usually have a low traffic requirement for eligibility.

How to Calculate CPM

Here is the formula:

CPM = (Cost of the campaign/ Number of total impressions) * 1000

Let’s explore with an example:

The advertiser has an ad budget of $2000. The CPM campaign got 10,000 impressions on the ad. Let’s apply the formula:

CPM = ($2000/10,000) * 1000 = $200

That means you will get $200 for the thousand impressions.

What is a good CPM in advertising?

According to a study by the average CPM costs for every platform is as follows:

Average CPM for Google:  Google maintains the biggest market share in online advertising. The CPM for search and display ads is strikingly different, with search ads paying ten times more than display ads.

  • Google search ads = $38.40
  • Google display as = $3.12

Average CPM for Social Media ads

  • For Facebook ads = $ 8.60
  • For Instagram ads = $ 8,96
  • Twitter ads = $0.38
  • Linkedin ads = $6,59
  • Pinterest ads = $30

Which ad network has the highest CPM?

As a rule of thumb, the larger the reach of the ad network, the lower it pays. And the fewer requirements it needs to enter, the lower the CPM.  Here are some examples:

  • Google Adsense: From $0.71
  • Appnexus: From $0.51 to $20
  • 33 Across: From $5 to $15.

The average range of payment for the top ad networks goes from $0.44 to $20. However, there are many factors besides CPM rates that can determine which ad network is right for you. CodeFuel offers a high yield based on our strong relationship with premium search providers like Bing partners. Having long-standing partnerships with top engines ensures your website brand awareness can grow, providing better exposure and conversions for your advertisers.

Is a CPM Ad Network right for you?

CPM advertising can benefit publishers greatly since its revenue does not depend on users interacting or clicking on the ad. Publishers still need to focus on increasing traffic to their sites when opting for a CPM ad network. Since the advertiser’s satisfaction and the outcome will depend on brand exposure.

Mobile apps and games publishers can use CPM to calculate the revenue made by placing advertisements in their apps. For instance, calculating an average number of served impressions and how many daily active users they have, can be combined with CPM and eCPM to calculate expected profit.

New websites, apps, and bloggers can make use of a CPM network and make a profit. There are a number of networks with low or no entry requirements for approval.

Challenges and Advantages of  CPM Ads?

Regardless of the type of digital property you have, it is important to keep an eye on analytics and reports to ensure you are maximizing your earnings. Here are some pros and cons of signing up to a CPM network for your web business:


  • Don’t need to find advertisers yourself: an ad network simplifies looking for and selecting advertisers for your site. You won’t need to manage ad placements, you just have to place a line of code and CodeFuel will serve advertisers on your site.
  • No need to chase payments: the ad network saves you from having to deal with managing payments from advertisers. Instead, you will get a check (or transfer) at the end of the month from each of your ad serving networks.
  • No need to A/B test ads: an ad network can help you from having to go through the effort of placing ads, testing them from performance, rinsing, and repeating. The network displays the best advertisements for your website, rotating them and ensuring you’ll always have high-performing ads.


  • Lower payout 
  • You cannot select the advertiser

Why a monetization platform ensures the maximum yield for publishers

A complete monetization platform can be your best option as a publisher. It allows you to maximize revenue and some of the benefits include: 

  • Enhances the user experience: ad networks with contextual advertising improve the user experience by delivering the most relevant ads according to the user intent. The network prioritizes ads according to the users, their journey, and their preferences.
  • Improve operational efficiency: an ad network can greatly simplify the management of advertisements for web publishers. By saving you time from dealing with advertisers, payments, and placements, it let you focus on improving the website or app, attracting more traffic, and producing better quality content, products, and services.
  • Maximizes yield:  an ad network ensures you get the best paying advertisers for your website or app.


Is low CPM good or bad?

A low CPM is not always a positive indicator for advertisers, indicating low traffic instead. Publishers may find a high CPM doesn’t result in higher earnings, because some of the inventory may remain unsold.

How much can you make with CPM ads?

The amount you can make from a CPM ad depends greatly on the advertiser and the publisher. For instance, if an ad has a $2 CPM and the site gets 10,000 views, the page earns $20 from that banner a month.

What is a good CPM for display ads?

Display campaigns average $0.50 – $4 CPM, with an average of $3.

How CodeFuel can Help

Codefuel is a full monetization solution that takes the hassle of managing advertisements for digital properties. It helps you maximize revenue by leveraging contextual advertising and intent to display the most relevant ads for the user.