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The Madison Avenue Field GuideA field guide to marketing & advertising, by Brandon Mina

GlossaryAdtech & ProgrammaticCost Per Install (CPI)

Adtech & Programmatic

Cost Per Install (CPI)

A mobile pricing model or metric where the advertiser pays for each app install driven by an ad.

By Brandon MinaCEO, BrandPilot AIUpdated November 2026

Short answer

Cost per install (CPI) is a mobile advertising pricing model and metric in which the advertiser pays for each app install driven by an ad. It is calculated as spend divided by attributed installs. CPI is widely used for app growth campaigns, though install quality and later in-app engagement matter as much as cost.