Social Media Means
Photo by RODNAE Productions Pexels Logo Photo: RODNAE Productions

Is K higher than M?

Why is there such a difference in terms when they basically mean the same thing? K comes from the Greek world "kilo" which means one thousand and is used in metric / decimal systems. The corresponding prefix for one million is M. An amount in the accounting and financial world shown as $14K would equate to $14,000.00.

What are the 3 most popular apps?
What are the 3 most popular apps?

Top 10 Most Downloaded Apps of 2021 TikTok. It's no surprise that TikTok is one of the most downloaded apps of 2021. ... 2. Facebook. ......

Read More »
What skills should I learn for social media marketing?
What skills should I learn for social media marketing?

Top 12 Social Media Skills Excellent Communication. The first social media skill you must have is - communication. ... Creativity. One of the most...

Read More »

Have you noticed... that the print / mailing / marketing services world uses "M" in their pricing quotes while the financial world uses "K" and each one means "per thousand?

In the marketing and data world, "M" stands for per thousand records of data. In the print world, it would stand for per thousand sheets of paper, or other print functions like inserting, or completed print pieces. Many manufacturers also use "M" in their per unit pricing. M and MM are Roman numerals where M stands for "one thousand" and MM is intended to denote "one thousand thousands"or "one million". A quote for mailing services would commonly show as $ /M. For example, a cost quoted as $25/M would equate to $25 for every thousand pieces. It has its roots in the British Imperial System using Roman numerals and can also be referred to as USCS (US Customary System). CPM - Cost Per Thousand (M=1,000) - is a marketing advertising term referring to the cost usually referred to for internet pricing. For example, the cost of a Google or Facebook ad might show as $10 CPM, meaning $10 for every thousand times your ad appears. CPC means "cost per click".

The financial world uses "K" when referring to "per thousand dollars". Why is there such a difference in terms when they basically mean the same thing?

K comes from the Greek world "kilo" which means one thousand and is used in metric / decimal systems. The corresponding prefix for one million is M. An amount in the accounting and financial world shown as $14K would equate to $14,000.00. It is entirely possible when dealing with a vendor that both terms could be used in the same sentence: An example would be a marketing quote for 80,000 records of data for a list order or pertaining to a large print order:

$45/M x 80 = $3.6k ($3,600.00)

One answer I came across as to why some industries uses USCS and not metric is that when the industrial revolution happened, measurements were based on the imperial system and as time went on, it was too cost prohibitive to change. Industries dealing with science, technology or those with international business would likely use metric. Otherwise, I can't really find an answer as to why these two professions use different ways of of expressing "per thousand". Trust me though -- it makes a big difference when talking with various vendors for services. It's good to understand that these differences exist.

DBS - helping you to mail smarter

Website: DBS Marketing Services / DBS Blog 480-227-8685

How many followers do you need to make a living off Instagram?
How many followers do you need to make a living off Instagram?

While the number of followers you have can be anywhere from 1,000 to 1 million to make money from Instagram, one constant thing is high engagement...

Read More »
How do you grow up fast on TikTok?
How do you grow up fast on TikTok?

10 ways to grow your TikTok followers Know your target audience. ... Up your video quality. ... Jump on trending songs and sounds. ... Use trending...

Read More »

How much is 1.1 million?

Verify Number Formats: English Numeric Format Compact-Short Compact-Long 100,000 100K 100 thousand 1,000,000 1M 1 million 1,100,000 1.1M 1.1 million 1,500,000 1.5M 1.5 million 27 more rows

Verify Number Formats: English

Index

To correct problems in compact numbers below, please go to Compact Decimal Formatting. Numeric Format Compact-Short Compact-Long 1 1 1 1.1 1.1 1.1 1.5 1.5 1.5 2 2 2 10 10 10 100 100 100 1,000 1K 1 thousand 1,100 1.1K 1.1 thousand 1,500 1.5K 1.5 thousand 2,000 2K 2 thousand 10,000 10K 10 thousand 100,000 100K 100 thousand 1,000,000 1M 1 million 1,100,000 1.1M 1.1 million 1,500,000 1.5M 1.5 million 2,000,000 2M 2 million 10,000,000 10M 10 million 100,000,000 100M 100 million 1,000,000,000 1B 1 billion 1,100,000,000 1.1B 1.1 billion 1,500,000,000 1.5B 1.5 billion 2,000,000,000 2B 2 billion 10,000,000,000 10B 10 billion 100,000,000,000 100B 100 billion 1,000,000,000,000 1T 1 trillion 1,100,000,000,000 1.1T 1.1 trillion 1,500,000,000,000 1.5T 1.5 trillion 2,000,000,000,000 2T 2 trillion 10,000,000,000,000 10T 10 trillion 100,000,000,000,000 100T 100 trillion 1,100,000,000,000,000 1100T 1,100 trillion

Plural Rules

To correct problems in plural rules below, please go to Plural Rules.

Why is publisher used?
Why is publisher used?

Publisher is a great app for creating visually rich, professional-looking publications without investing lots of money and time in a complicated...

Read More »
Is 1 hour a good interview?
Is 1 hour a good interview?

A 1 hour interview is a good sign for most career levels. Executive level professionals will find themselves in 1 hour interviews more often than...

Read More »
How many GB is squad?
How many GB is squad?

Network: Broadband Internet connection. Storage: 65 GB available space. Additional Notes: A microphone.

Read More »
What is runner's stomach?
What is runner's stomach?

What is runner's stomach? Runner's stomach refers to the gastrointestinal (GI) distress that occurs during a run or bouts of exercise—resulting in...

Read More »