Marketing Glossary for Founders
- A/B testing—A method of comparing two versions of a web page, email, or other marketing asset to determine which performs better.
- ABM (account-based marketing)—A strategic approach that concentrates sales and marketingresources on a clearly defined set of target accounts.
- ACOS (advertising cost of sale)—The ratio of ad spend to revenue generated from ads, oftenexpressed as a percentage.
- ad spend—The total amount of money invested in advertising campaigns across all channels.
- AI (artificial intelligence)—The simulation of human intelligence processes by machines, usedin marketing for personalization, content creation, predictive analytics, and customer segmentation.
- AIDA (attention, interest, desire, action)—A model that outlines the stages a consumer goes through in the buying process.
- API (application programming interface)—A set of protocols that allows different software applications to communicate with each other.
- B2B (business-to-business)—Commerce transactions between businesses, such as between a manufacturer and wholesaler.
- B2C (business-to-consumer)—Commerce transactions between a business and a consumer.
- B2G (business-to-government)—Commerce transactions between businesses and government agencies.
- backlink—An incoming hyperlink from one web page to another website.
- BI (business intelligence)—Technologies, applications, and practices for the collection, integration, analysis, and presentation of business information.
- blog—A regularly updated website or section of a website, typically run by an individual or small group.
- boosted post—An existing organic social media post that has been paid to reach a larger audience than it would organically.
- BR (bounce rate)—The percentage of visitors who navigate away from a site after viewing only one page.
- brand awareness—The extent to which consumers can recognize or recall a brand under different conditions.
- brand equity—The value premium that a company generates from a product with a recognizable name compared to a generic equivalent.
- buzz marketing—A viral marketing technique that focuses on maximizing word-of-mouth potential among consumers.
- CAC (customer acquisition cost)—The cost associated with convincing a customer to buy a product or service.
- CDP (customer data platform)—Software that creates a persistent, unified customer databasethat is accessible to other systems.
- chatbot marketing—Use of AI-powered conversational interfaces to engage customers andprovide service through messaging platforms.
- clickbait—Content designed to attract attention and encourage visitors to click on a link, often using sensational headlines.
- CLV (customer lifetime value)—The total worth of a customer to a business over the entirety of their relationship.
- CMS (content management system)—Software that helps users create, manage, and modify content on a website without specialized technical knowledge.
- content marketing—A strategic marketing approach focused on creating valuable, relevant content to attract and retain a clearly defined audience.
- conversion funnel—A visual representation of the customer journey from awareness to conversion.
- CPA (cost per acquisition)—The total cost of acquiring a new customer, including advertising and marketing expenses.
- CPC (cost per click)—The amount paid for each click on an advertisement. Common pricing model in search engine and social media advertising.
- CPM (cost per thousand impressions)—The cost to show an advertisement 1,000 times. The “M” stands for “mille,” which is Latin for thousand.
- CR (conversion rate)—The percentage of users who take a desired action out of the total number of users.
- CRM (customer relationship management)—A technology for managing all company relationships and interactions with potential and existing customers.
- CTR (click-through rate)—The ratio of users who click on a specific link to the number of total users who view a page, email, or advertisement.
- customer journey—The complete sum of experiences that customers go through when interacting with a company and its products.
- CX (customer experience)—The overall perception and feeling a customer has about a brand based on all interactions.
- dark social—Social sharing that occurs outside of what web analytics programs can measure, such as sharing via email or messaging apps.
- DMP (data management platform)—A platform that collects and manages data from various sources to help build audience profiles for targeted marketing.
- drip campaign—A set of marketing emails that are sent out automatically on a schedule.
- DSP (demand side platform)—Software that allows advertisers to buy digital ad inventory across multiple exchanges through a single interface.
- engagement rate—A metric that measures the level of interaction (likes, comments, shares) that content receives relative to reach or followers.
- evergreen content—Content that remains relevant and fresh for readers over a long period of time.
- first-party data—Information collected directly from audiences or customers, becoming more valuable with privacy regulations.
- GA (Google Analytics)—Google’s web analytics service that tracks and reports website traffic.
- GA4 (Google Analytics 4)—Google’s latest analytics platform that uses event-based data and machine learning to provide insights.
- GDPR (General Data Protection Regulation)—A regulation in EU law on data protection and privacy that affects how marketers can collect and use consumer data.
- Google Search Console (GSC)—Shows how your site appears in Google Search (keywords, impressions, clicks, rankings, technical SEO).
- Google Tag Manager—A tag management system that allows users to update code snippets on their website.
- GPT (generative pre-trained transformer)—AI models that generate human-like text, used in content creation, copywriting, and customer communication.
- GTM (go-to-market)—A strategy or plan that outlines how a company will reach customers and achieve a competitive advantage
- Hashtag—A word or phrase preceded by the # symbol used to identify messages on a specific topic on social media.
- ICP (ideal customer profile)—A detailed description of the perfect customer for a business based on market research and data on existing customers.
- IM (instant messaging)—A type of online chat that offers real-time text transmission over the internet, used as a customer service channel.
- impressions—The number of times content is displayed, regardless of whether it was clicked or not.
- influencer marketing—A form of marketing that focuses on using key leaders to drive the brand message to a larger market.
- keyword—A term used in digital marketing to describe a word or group of words that an internet user types into a search engine.
- KPI (key performance indicator)—A measurable value that demonstrates how effectively a company is achieving key business objectives.
- lead generation—The process of attracting and converting strangers and prospects into someone who has indicated interest in a company’s product or service.
- lookalike audience—A targeting method that finds users who share similar characteristics with an existing customer base.
- LTV (lifetime value)—The predicted revenue a customer will generate throughout their relationship with a business.
- MARCOM (marketing communications)—The messages and media used to communicate with a market, including advertising, direct marketing, and public relations.
- marketing automation—Technology that manages marketing processes and campaigns across multiple channels automatically.
- marketing strategy—A business’s overall game plan for reaching prospective consumers and turning them into customers of products or services.
- micro-moments—An intent-rich moment when a person turns to a device to act on a need—to know, go, do, or buy something.
- ML (machine learning)—A subset of AI that enables systems to learn and improve from experience without explicit programming, used for predictive analytics in marketing.
- MQL (marketing qualified lead)—A lead that has been deemed more likely to become a customer compared to other leads based on marketing activities.
- NLP (natural language processing)—AI technology that helps computers understand, interpret, and respond to human language, used in chatbots and content analysis.
- NPS (net promoter score)—An index ranging from -100 to 100 that measures the willingness of customers to recommend a company’s products or services.
- omnichannel marketing—Strategy providing seamless customer experience across all channels, increasingly powered by AI integration.
- organic reach—The number of people who see a post through unpaid distribution.
- PPC (pay per click)—An advertising model where advertisers pay each time a user clicks on their ad.
- PQL (product qualified lead)—A lead who has experienced meaningful value using a product through a free trial or freemium model.
- PR (public relations)—The practice of managing and disseminating information from an individual or organization to the public to maintain a positive image.
- predictive analytics—The use of data, statistical algorithms, and machine learning techniques to identify the likelihood of future outcomes based on historical data.
- Programmatic Advertising—The automated buying and selling of online advertising using AI and real-time bidding.
- QR Code (quick response code)—A barcode that can be scanned by smartphone cameras to quickly access websites, making physical-to-digital connections.
- Retargeting—A form of online advertising that targets users who have previously visited a website but didn’t complete a desired action.
- RFM (recency, frequency, monetary)—A customer segmentation model based on purchasing behavior, increasingly enhanced with AI.
- ROAS (return on advertising spend)—A metric that measures the revenue generated for every dollar spent on advertising.
- ROI (return on investment)—A performance measure used to evaluate the efficiency of an investment or compare the efficiency of several investments.
- RTB (real-time bidding)—The automated buying and selling of online ad impressions through real-time auctions that occur in the time it takes a web page to load.
- SaaS (software as a service)—A software distribution model where applications are hosted by a service provider and made available to customers over the internet.
- SAL (sales-accepted lead)—A lead that has been passed from marketing to sales and has been accepted by the sales team as worth pursuing.
- SEM (search engine marketing)—Paid strategies to increase search engine visibility, complementing organic SEO efforts with paid advertising.
- sentiment analysis—AI-powered monitoring of consumer opinions and attitudes toward brands expressed online.
- SEO (search engine optimization)—The practice of increasing the quantity and quality of traffic to a website through organic search engine results.
- SERP (search engine results page)—The page displayed by search engines in response to a user’s search query.
- SLA (service-level agreement)—A contract between a service provider and the customer thatdocuments the services to be provided and the service standards the provider is obligated to meet.
- SMM (social media marketing)—The use of social media platforms to connect with audiences to build brands and increase sales.
- SMS (short message service)—A text messaging service component of most telephone, internet, and mobile device systems, used for marketing campaigns.
- sponsored post—Content on social media that a brand has paid to promote to reach a wider audience.
- SQL (sales qualified lead)—A prospective customer that has been researched and vetted by marketing and sales departments and is ready for the next stage in the sales process.
- SRP (social relationship platform)—A solution that enables businesses to manage and track all their social communications and measure the effectiveness of their social media activities.
- SSO (single sign-on)—An authentication scheme that allows a user to log in with a single ID and password to access multiple applications.
- SWOT (strengths, weaknesses, opportunities, threats)—A framework used to evaluate a company’s competitive position and develop strategic planning.
- TAM (total addressable market)—The total market demand for a product or service, calculated in annual revenue.
- target audience—A specific group of consumers most likely to respond positively to a company’s products, promotions, and messages.
- UGC (user-generated content)—Any form of content created by users of a product or service rather than the brand itself.
- UI (user interface)—The point of human-computer interaction and communication in a device, encompassing all visual elements, interactive features, and navigation components.
- USP (unique selling proposition)—A factor that differentiates a product from its competitors, such as lowest cost, highest quality, or first-ever product.
- UX (user experience)—The overall experience of a person using a product or service, especially in terms of how easy or pleasing it is to use.
- VM (voice mail/vendor management)—A computerized system that enables users to leave and store voice messages / The process of managing suppliers or vendors.
- voice search—A speech recognition technology that allows users to search by saying terms aloud rather than typing them into a search field.
- webinar—An online seminar or presentation that is hosted using web conferencing software and allows audience interaction.
- WOM (word-of-mouth)—The passing of information from person to person by oral communication, often enhanced by social media.