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