Digital Marketing Terminology(part 6)
Note: These terms are from the Google Digital Marketing & E-commerce course 6: Make the Sale: Build, Launch, and Manage E-commerce Stores
A
Abandoned cart email: A follow-up email sent to customers who added an item to their cart but didn’t complete the purchase
Alt text: A brief, written description of an image with the primary purpose of assisting visually impaired individuals
B
BOPIS: An acronym for “buy online, pick up in-store.”
Brand evangelists: Customers who are so passionate about a product or service that they enthusiastically promote it to others
Brand voice: The distinct personality a brand takes on in its communications
Branding: To promote a product or service by identifying it with a particular brand
Brick-and-mortar: A traditional retail store with a specific location where customers can come to shop
C
Call to action: An instruction that tells the customer what to do next
Campaign: A plan of action for how a set of one or more ad groups that share a budget, location targeting, and other settings will be distributed online
Cart abandonment: When a customer adds an item to their cart but doesn’t complete the purchase
Click-and-mortar: A type of retail store that sells online as well as in a brick-and-mortar store
Competition: The other sellers that exist already in the market
Contact page: A common webpage on websites that provides information for visitors to contact the organization or individual hosting the website
Conversion: The completion of an activity that contributes to the success of a business
Cost per acquisition (CPA): The average cost of acquiring a potential customer
Cost per thousand impressions (CPM): The amount a marketer pays for every 1,000 impressions an ad receives
Customer engagement: The interactions and emotional connection between a customer and a brand
Customer relationship management (CRM) system: Software that helps a business manage and monitor its interactions with existing and potential customers
D
Demand: How much consumers are willing and able to buy a certain product over a given period of time
Digital shopping cart: The virtual equivalent of a physical shopping cart
Display campaign: A Google Ads tool that allows businesses to place image advertisements across various websites
Domain: The core part of a website’s URL or internet address
Dropshipping: A fulfillment method in which products are shipped from the supplier directly to the customer
Dynamic remarketing: A technique that allows a company to show previous visitors ads that contain products and services they viewed on the company’s site
E
E-commerce: The buying and selling of goods or services using the internet
E-commerce platform: A software application that allows businesses to sell products or services online
E-commerce point-of-sale (POS) system: Software that allows a business to process payment transactions from customers online
E-commerce store: A store that sells its products online
E-commerce strategy: A working plan to promote an online store and increase its sales
Editorial and technical requirements: the quality standards set for ads, websites, and apps
F
Footer: A navigation section at the bottom of a website
Forecasting: The process of predicting the future demand for products
Fulfillment service: A third-party company that prepares and ships orders from their fulfillment centers
G
Geographic segmentation: The grouping of customers with regard to their physical location
Google Ads: An online advertising platform where advertisers bid to display brief advertisements, service offerings, product listings, or videos to web users
Google Display Network: A group of websites, videos, and apps where Display ads can appear
Google Merchant Center: A tool advertisers use to upload their store and product data to Google and make it available for Shopping ads and other Google services
Google Trends: A free Google tool that lets people explore what citizens around the world are searching for on Google
H
Home page: The main page of a website
Hypertext Transfer Protocol Secure (HTTPS): A method of transferring information over the internet that protects the integrity and confidentiality of data between the user’s computer and the site
L
Landing page: The first page a visitor encounters when they go to a website
Law of diminishing returns: An economic principle stating that if investment in a particular area increases, the rate of profit from that investment will eventually decrease if other variables remain constant
M
Market research: The process of gathering information about consumers’ needs and preferences
Market size: The total number of potential customers within a specific industry
Meta Description: Text that provides search engines with a summary of what the page is about
Mobile-first design: A web design approach that aims to create better experiences for users by designing specifically for mobile devices
N
Navigation bar: A collection of links to other pages within a website
Net profit: The amount of money left over after expenses are paid
Net profit margin: The percentage of revenue left over after expenses are paid
O
Off-season: The period where customers tend to take more time in making purchases, especially if it’s for a larger ticket item
Online advertising: A form of marketing which uses the internet to deliver promotional marketing messages to consumers
On-season: The period when customers are much more likely to buy products due to related weather variables or special events
Open-source: Software that allows the user to access and edit the original source code
Order fulfillment: All the steps that take place between receiving an order and delivering the order to the customer
P
Pain point: A specific problem faced by current or prospective customers while interacting with a site
Payment service provider: A secure way to process transactions online
Performance Planner: A Google tool that allows an advertiser to forecast the impact of different spending scenarios and events during upcoming seasons
Personalization: The practice of delivering a customized experience for each customer
Point of diminishing returns: The point at which revenue-to-ad spend is at its highest
Primary research: Research obtained first-hand
Privacy policy: A legal document that discloses some or all of the ways a business gathers, uses, discloses, and manages a customer’s data
Prohibited content: The content brands are not allowed to promote on the Google Network
Prohibited practices: The things brands can’t do if they want to advertise with Google
Product Description: The text on the product detail page of an e-commerce store that provides details and information to customers about the product
Product detail page (PDP): A page on an e-commerce site that provides information about a specific product
Product recommendation engine: Software that uses artificial intelligence to analyze customers’ data, learn which products might interest them, and display those products to the customer
Product sourcing: How a business acquires the products they sell to customers
Product viability: The sales potential for a specific product
R
Responsive website design: A website that is designed to work on all types of devices, including computers, mobile phones, and tablets
Restricted content: Content that can be advertised but with limitations
Return on ad spend (ROAS): How much revenue is gained versus how much was spent
Return policy: A document that describes, in detail, a business’s process and requirements for accepting returns
Revenue-per-click: The average revenue for each individual click on all of a company’s pay-per-click keywords and ads
Rewards program: A marketing strategy designed to build customer loyalty by providing incentives for customers to continue shopping with the brand
S
Search campaign: Text ads that appear on search results when people search on Google for related products and services
Seasonality: The regular and predictable fluctuation of e-commerce traffic around special holidays, events, and weather on a quarterly or yearly basis
Secondary research: Research done by others
Secure Sockets Layer (SSL) certificate: A digital certificate that authenticates a website’s identity and enables an encrypted connection
Shopping campaign: Product listings that appear on search results and the Google Shopping tab
Smart bidding: A subset of automated bid strategies that use machine learning to optimize for conversions or conversion value in every auction
Smart campaign: An automated campaign management tool within Google Ads that helps promote a business
Smart Shopping campaign: An advanced Shopping campaign that uses technology to optimize for more sales and reach Google shoppers across Google’s sites and networks
Software-as-a-Service (SaaS): Web-based software available on a subscription basis
Stockkeeping unit (SKU): A unique code that retailers use to identify a product
Supply chain: The flow of goods from the beginning stage of sourcing raw materials all the way to the finished product that is delivered to the customer
T
Target audience: The group of people most likely to purchase a company’s products
Terms of service: Legal agreements between a business and customers
Theme: A pre-built website template that creates the design and layout of an e-commerce store
Tone: How a brand’s voice is applied
Traffic: The number of visits that a website receives
Transport Layer Security (TLS) certificate: (refer to Secure Sockets Layer (SSL) certificate)
U
User experience: How a person—the user—feels about interacting with or experiencing a product
V
Video campaign: A Google Ads tool that allows businesses to place video advertisements before, during, or after YouTube videos and in the search results
W
Web accessibility: The practice of designing and developing a website or mobile app so that people with disabilities can use it
Webpage title: An element that provides both users and search engines with a page’s topic
Other blogs on digital marketing
Introduction to Digital Marketing by Alexander Dalessi
The Marketing Funnel by Alexander Dalessi
Digital Marketing Terminology(part 1) by Alexander Dalessi
Digital Marketing Terminology(part 2) by Alexander Dalessi
Digital Marketing Terminology(part 3) by Alexander Dalessi
Digital Marketing Terminology(part 4) by Alexander Dalessi
Digital Marketing Terminology(part 5) by Alexander Dalessi
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