conversion
/kənˈvɝʒən/When a prospect takes a desired action
“The new landing page doubled our conversion rate.”
Origin: From Latin `convertere` (to turn around, transform), from `con-` (altogether) + `vertere` (to turn)
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Marketing, advertising, and sales terminology
When a prospect takes a desired action
“The new landing page doubled our conversion rate.”
Origin: From Latin `convertere` (to turn around, transform), from `con-` (altogether) + `vertere` (to turn)
The level of interaction with content or brand
“Social media engagement increased after the campaign launch.”
Origin: From French `engager` (to pledge), from `en-` (in) + `gage` (pledge)
Dividing a market into distinct groups
“Customer segmentation allows for targeted messaging.”
Origin: From Latin `segmentum` (a piece cut off), from `secare` (to cut)
How a brand is perceived relative to competitors
“Strategic positioning established us as the premium option.”
Origin: From Latin `positio` (placement), from `ponere` (to place, put)
Statistical characteristics of a population
“Demographics show our primary audience is millennials.”
Origin: From Greek `demos` (people) + `graphia` (writing, description)
Psychological attributes of consumers
“Psychographics reveal customer values and lifestyle choices.”
Origin: From Greek `psyche` (mind, soul) + `graphia` (writing, description)
The stages a customer goes through before purchasing
“We need to optimize the top of the funnel for awareness.”
Origin: From Latin `infundibulum` (funnel), from `infundere` (to pour in)
Keeping existing customers engaged
“Customer retention is more cost-effective than acquisition.”
Origin: From Latin `retinere` (to hold back), from `re-` (back) + `tenere` (to hold)
The rate at which customers stop using a service
“Reducing churn is essential for subscription businesses.”
Origin: From Old English `cyrnel` (to turn, churn); metaphorically, customers `churning out` of the customer base
Gaining new customers
“Customer acquisition costs have risen significantly.”
Origin: From Latin `acquisitio` (accumulation), from `acquirere` (to seek in addition), from `ad-` (to) + `quaerere` (to seek)
The number of times content is displayed
“The ad generated millions of impressions across platforms.”
Origin: From Latin `impressio` (a pressing into), from `imprimere` (to press into), from `in-` (into) + `premere` (to press)
The number of unique people who see content
“Our organic reach declined after the algorithm change.”
Origin: From Old English `ræcan` (to extend, stretch out)
Return on investment; profit relative to cost
“The campaign delivered an impressive ROI of three hundred percent.”
Origin: Acronym from modern English `return on investment`; `return` from Old French `retorner` + `investment` from Latin `investire`
Key performance indicator; a measurable value
“Our primary KPI is monthly recurring revenue.”
Origin: Acronym from modern English `key performance indicator`; component words from various Latin roots
The value premium a brand commands
“Strong brand equity allows for premium pricing.”
Origin: From Old English `brand` (burning) + Latin `aequitas` (equality, fairness)
The benefit a product promises to deliver
“Our value proposition emphasizes convenience and reliability.”
Origin: From Latin `valere` (to be worth) + `propositio` (a setting forth), from `proponere` (to set forth)
Strategy for launching a product
“The go-to-market strategy targets enterprise customers first.”
Origin: Modern English compound phrase describing the path or strategy to reach the market
Attracting and converting potential customers
“Content marketing drives our lead generation efforts.”
Origin: From Old English `lædan` (to guide) + Latin `generare` (to create, beget)
Identifying which touchpoints led to conversion
“Multi-touch attribution reveals the full customer journey.”
Origin: From Latin `attributio` (an assigning), from `attribuere` (to assign), from `ad-` (to) + `tribuere` (to give)
Comparing two versions to determine which performs better
“A/B testing showed the red button increased clicks by twenty percent.”
Origin: Modern English compound; named after comparing version A versus version B
The action of marking with a branding iron
“Effective branding creates a strong identity.”
Origin: From Old English `brand` (burning, torch); originally marking cattle with a hot iron
A person with the ability to influence potential buyers
“The brand partnered with a popular influencer.”
Origin: From Latin `influere` (to flow in), from `in-` (into) + `fluere` (to flow)
Explore other vocabulary categories in this collection.