Marketing Acronyms
Acronyms | Explanation |
CAC | Customer Acquisition Cost |
CDP | Customer Data Platform |
CLV | Customer Lifetime Value |
CRM | Customer Relationship Management |
CPP | Cost Per Purchase |
AP | Ad Platform |
FA | Fospha Attribution |
Fospha Tag/Pixel | embedded code into the website that allows to collect information and behaviour about the visitor on the site |
GA | Google Analytics |
MCA | Multi Channel Attribution |
MMM | Media Mix Modelling/Marketing Mix Modelling |
PPC | Pay Per Click |
ROAS | Return On Ad Spend |
SFTP | Secure File Transfer Protocol |
Industry Terminology
Acquisition Spend | any ad spend that is for the acquisition activity, usually in relation to campaign strategy of prospecting or re-targeting |
Bounce Rate | percentage of visitors who enter the site and then leave |
Customer Lifetime Value (CLV) | Customer Revenue/Year x Length of Customer relationship - Customer Acquisition Cost (CAC) |
Customer Journey | the customer experience, controlled by their choices, their interactions with a brand or product. |
Customer Lifecycle | a cyclical view of customer behaviour as it is driven by business actions - the ideal path a customer will take. |
Dimensions Terminology
View-Through Channel | A marketing channel or ad network that has the capability (and defaults) to charge marketers based on impressions volume (CPM), rather than by the number of users who click on an ad (CPC). Typically, these channels are social media sites or display advertising. |
Impressions-Led Channel | Refer ‘View-Through Channel’ |
Un-attributable Channel | A visit on a channel that does not contain a campaign, or any reportable UTM information to determine a medium. These are stored within the Fospha CDP as Direct or Natural Search (if the visit has come from a known search engine). |
Paid Social | A marketing channel determined as ‘Paid Social’ in the utm medium or cost-feed medium, normally referring to paid ads from a social platform (e.g. Facebook, Instagram, Pinterest, Twitter) |
Display | A marketing channel determined as ‘Display’ in the utm medium or cost-feed medium, normally referring to paid ads from a display ad network. (e.g. Google Ads Display) |
Direct | Refer ‘Un-attributable Channel’ |
Natural Search | Refer ‘Un-attributable Channel’. Also known as Organic Search - where results are returned based on the natural indexing of the Web site (through SEO), as opposed to those that are returned based on paid advertising and editorial changes made by the search engine itself. |