I think of Coulomb's constant as a conversion factor (not sure if this is correct). Kind of like how you would do calculations in kg and then times it by the conversion constant to convert your answer to pounds. The conversion factor would be $2.2\: \mathrm{lbs/kg}$.
Since the units for Coulomb's constant is $\mathrm{N \cdot m^2/C^2}$, would it make sense to define the Newton as
$$1\:\text{Newton} = \frac{1}{1/1\: \mathrm{meter^2} \cdot 1\: \mathrm{Coulomb^2}} \, .$$
Would the above definition be valid?
EDIT: So if $k$ is not a conversion factor since the above definition for a Newton is invalid and $k$ is not just a scaling factor, since it has units, then what is it? If its just a proportionality constant to adjust the magnitude then why does it have units? Shouldn't it be a unit less constant?
EDIT: So $k$ is not just a scaling factor (since it has units) and its not a conversion factor since a Newton can't be expressed as the other units. So if its unit just exists so that things cancel out "nicely" doesn't this make dimensional analysis useless since you can add in random constants and units to cancel out whatever you want?
My question is not about the meaning of $k$. Its about its units.