Marketing vocabulary

20 Business and management terms

Student glossary to lean new marketing and business word in English

A/B Tests
Creating 2 versions of a digital asset to see which one users respond to better. Examples of assets include a landing page, display ad, marketing email, and social post.
Ad Copy
The words in your advertising messages to customers. Ad copy can be the headline of a display ad, the subject line of a marketing email, the call to action (CTA) of a Facebook ad, or the script of a video or TV spot.
Advertorial
Advertising and editorial content combined.
AIDA
An acronym used in Sales that stands for Attention/Awareness, Interest, Desire, Action.
null
Alt Text
Text that shows in place of images or pops up when you hover your mouse over an image. Alt text, or alternative text, is written into the HTML code of a web page to describe an image in case the image doesn’t show.
Anchor Text
The wording of a link on a website, in an email, or within another digital asset.
Example: One example of anchor text is “read more.”
ARR
Annual Recurring Revenue. For recurring revenue companies, ARR provides a high-level look at how recurring revenue or subscription business is growing over time.
Backlinks
Links on websites other than your own that go back to a page on your website.
Bad Leads
Leads that are unlikely to become paying customers -- and a sales rep's worst nightmare, because they are a waste of time.
BANT
An acronym used in sales for lead qualification that stands for Budget, Authority, Need, Timeline. It's a famous tool for sales reps and sales leaders to help them determine whether their prospects have the budget, authority, need, and right timeline to buy what they sell.
BIMI
Brand Indicators for Message Identification (BIMI) is an emerging security technology that helps authenticate your email marketing and builds trust with your customers.
Black Hat SEO
Not a great idea. Black hat SEO is an approach to search engine optimization (SEO) that focuses on gaming the system and disregards the human experience.
Bluebird Sales
A "bluebird" is a sale that came seemingly from nowhere or with unexpected ease
Example: A sales rep might say, "Fortunately, a bluebird flew right in at the end of the quarter, helping me reach my goal."
Bottom of the Funnel (BOFU)
A stage of the buying process leads reach when they're just about to close into new customers.
Bounce Rate
The percentage of visits to your website where only 1 page was viewed. When we say users "bounce," we mean they viewed a page of your site or a landing page but didn’t engage further.
Breadcrumbs
They’re a form of website navigation that shows users the sections they’ve visited in the order they visited them so they can retrace their steps easily.
Churn Rate
A metric that measures how many customers you retain and at what value
Example: To calculate churn rate, take the number of customers you lost during a certain time frame, and divide that by the total number of customers you had at the very beginning of that time frame.
Conversion Path
The "events" on a company's website that help companies capture leads. In its most basic form, it'll consist of a call-to-action (typically a button that describes an offer) that leads to a landing page with a lead capture form, which redirects to a thank-you page where a content offer resides.
Flywheel
The flywheel is a new way of conceptualizing the sales process, replacing the funnel where customers are thought of as an output.
null
Forecasting
Estimating future sales performance for a forecast period based on historical data.