NOTE: Some of the acronyms and phrases are used within more the one field (digital display, adwords etc). They are only listed once.
Overarching Digital marketing terms
ROAS – return on ad spend
ROPO – research online purchase offline
Inbound marketing – content marketing (blog, podcast, videos, social media activities, articles, SEO) with the purpose to attract new customers/visitors to your website.
Content marketing – using your content as a way to help you market your product or service, for example, a blog, articles, videos.
G/PV – Gross profit per visitor (Visitors x Conversion Rate x Average Order Size x Profit Margin / Visitors)
RPV – revenue per visitor
CRM & Business insight terms
Churn rate – the number of customers that leave you. Calculated by specifying a time period, for example, a year: The total of the number of customers at the start of the year minus the total amount of customers at the end of the year divided with the number of customers at the beginning of the year. The number you get is your customer churn rate.
Win back program – an automated process to win back customers that are showing indications or that they will leave you as a customer.
CLV – customer lifetime value. Calculated by average weekly (or whatever time period) spend, per customer x 52. Times the average amount of years someone is a customer. To make this more detailed you can also subtract the acquisition cost (or any other costs) of the customer from the income generated prior to multiplying with the number of years someone has been a customer with you.
Analytics
CRO – conversion rate optimisation
Attribution modelling – is a way to use analytics with a set of rules to illustrate which digital touch points to give credit for along the customer purchase and behaviour path online. Read more here.
Social Media
Engagement rate = measures how successful your content is for your target audience. Is calculated by no. people who liked commented, clicked or shared your the specific post – divided by the actual number of people who saw your post.
Display
RTB – real-time bidding
BT – Behavioural targeting
SOW – share of voice
Remarketing – enables you to show banners to a website visitor based on browser history, on other websites.
Retargeting – enables you to show banners to a website visitor based on browser history, on other websites.
Display Network – network that connects to a large number of websites for advertising purposes
CPM – cost per mille
CPL – cost per lead
CPO – cost per order
CPA – cost per acquisition
Frequency cap – a limit that you decide upon, in terms of how many times your ad is displayed to the same website visitor
Behavioural targeting – targeting based on what types of webpages or actions the potential customer visits or take.
IP address – the physical location of a website visitor Geo-targeting – targeting based on geographical location
ROS – run on site
RON – run on network
RPM – revenue per thousand impressions (mille)
Programmatic – known as “programmatic media” och “programmatic marketing” is a way to use technology and a set of rules/parameters with deep analytics to customise, buy and place ads, trigger certain marketing activities – automatically based on the visitor behaviour. Can be used cross-platform and cross-media.
Email Marketing
CTR – click-through rate
Unique CTR – unique click-through rate, aka how many unique subscriber clicks did your newsletter
receive
Soft bounce – an out of office reply for example
Hard bounce – a notification that the email address does not exist anymore
ESP – email service provider
IP address – specific location of a server, you or anything hosted or accessing the internet
ISP – internet service provider
From address – the email address you choose to display the email sent from when sending out newsletters
Reply to address – the email address you want the replies from any newsletters to go to SPAM CAN act – a compliance guide for businesses, rules to follow when doing email marketing
AdWords /Pay Per Click
RTB – Real-Time Bidding
CTA – call to action
Broad match – all search results (default)
Phrase match – narrows down to a combination of keywords used together, in whatever order
Exact match – allows only exact keywords specified, and in a specified order
Negative – allows filtering to relate or similar keywords which are not relevant to your product or services
Optimisation – work you or your agency/consultant perform to improve the results and performance of your marketing campaigns
Conversion tracking – by merging Google Analytics and your AdWords campaigns you can track conversions from your ads
CPA – cost per acquisition, the marketing cost for acquiring, for example, a new customer.
CPO – cost per order, basically same as CPA above, here referring to the actual cost of marketing per order generated.
CPM – cost per mille, which means cost per thousand
CPC – cost per click
CTR – click-through rate. Metric to track the performance of your ads and keywords. This is calculated by dividing the number of clicks/number of impressions
Quality score – a measure of the quality of your keywords and ads. By looking at the CTR, relevancy and ad history, Google assigns a quality score on your ads, which decreases your bidding price.
Impression – a view of your ad, and an accumulated number of times your ad is displayed
Conversion rate – calculated for ads: number of conversions, divided with the total number of clicks multiplied with a 100.
Ad Group – contains a group of ads and relevant keywords
Campaign – contains your ad groups
Placement – controls where ad appears, first page, on top of search results or to the right.
E-commerce
CRO – conversion rate optimisation
Conversion rate – Calculated for e-commerce: number of unique visitors, divided with the total number of clicks multiplied with a 100.
SEO
SEM – Search Engine Marketing
SEA – Search Engine Advertising
SERP – search engine ranking position – the position your website is in at the moment for particular keywords or phrase.
Organic listings – Organic search results are listings on search engine results pages that appear because of their relevance to the search terms (not paid for)
Search term/search query – words or phrases input by a user to find something in a search engine
Page rank – PageRank is a link analysis algorithm, used by the Google Internet search engine, that assigns a numerical weighting to each element of a hyperlinked set of documents, such as the internet with the purpose of “measuring” its relative importance within the set.
Black hat techniques – breaks search engine rules to get higher search rankings
White hat techniques – following the guidelines from Google etc, to obtain higher search rankings
Buy links – a way of getting a lot of links to your website, is to pay for them, there are a few different ways to do that (good, grey and bad)
Web crawler – a “computer program” that browses the World Wide Web in a methodical, automated manner to obtain information
ASO – App Search Optimisation, optimise your app content for AppStore and Google Play to improve the placement and listings on search.