Marketing & Advertising Abbreviations

111 abbreviations · part of Business & Finance Abbreviations

Abbreviations from marketing strategy, digital advertising, search engine optimization, social media, email, sales pipelines, media buying and customer research. Many are performance metrics such as CTR, CPC and ROAS, so entries give the formula behind each one, making figures from different ad platforms and reports comparable. Ad platforms rename their products often, and entries note earlier names where they are still in use.

AbbreviationStands forDescription
4PsProduct, price, place, promotionClassic framework for the marketing mix, the controllable decisions a company makes to bring an offering to market: what it sells, how it prices it, where and how it is…
ABMAccount-based marketingB2B strategy that treats specific high-value companies as markets of one, coordinating personalized ads, content, events and sales outreach to the buying group within…
ACVAnnual contract valueAverage yearly value of a customer contract, typically excluding one-time fees, used in software-as-a-service sales to compare deals of different lengths.
AIDAAttention, interest, desire, actionClassic model of the stages a persuasive message should move a prospect through: capture attention, build interest, create desire for the product and prompt action.
AORAgency of recordAdvertising or media agency formally designated to manage a brand's main advertising or media buying, usually under a retainer contract, and authorized to negotiate…
ATLAbove the lineMass-media advertising aimed at broad audiences, such as television, radio, print, cinema and billboards, used mainly to build brand awareness.
B2BBusiness-to-businessCommerce, marketing and sales in which one business sells products or services to another, such as software sold to companies, components sold to manufacturers or…
B2B2CBusiness-to-business-to-consumerModel in which a company sells to a business partner that delivers the product to its own consumers, often keeping the original brand visible, such as insurance…
B2CBusiness-to-consumerSelling products and services directly to individual consumers rather than to other businesses, through stores, websites, apps or marketplaces.
B2GBusiness-to-governmentSale of goods and services by companies to federal, state or local government agencies, typically through formal procurement such as competitive bids, contract vehicles…
BANTBudget, authority, need, timelineSales qualification checklist asking whether the prospect has budget, whether the contact has authority to buy, whether there is a real need, and when they intend to…
BOFUBottom of the funnelDecision stage of the funnel, when prospects are ready to buy, served by free trials, demos, pricing pages, testimonials and limited-time offers.
BTLBelow the lineTargeted promotion that reaches specific groups directly rather than through mass media, including direct mail, in-store promotions, sampling, events, sponsorships and…
C2CConsumer-to-consumerCommerce in which individuals sell goods or services to other individuals, usually through an online platform that provides listings, payments or trust features, such…
CACCustomer acquisition costTotal sales and marketing cost of winning new customers in a period divided by the number of new customers acquired.
CDPCustomer data platformSoftware that collects first-party customer data from websites, apps, stores, email and support systems, unifies it into persistent individual profiles and makes those…
CESCustomer effort scoreSurvey metric asking how easy it was for a customer to get an issue resolved or task completed, based on the finding that reducing effort builds loyalty more than…
CLVCustomer lifetime valuePredicted net value of the future relationship with a customer, often modeled from purchase frequency, average order value, margin, retention and a discount rate.
CPACost per acquisitionAverage amount spent on advertising or marketing to win one conversion, such as a sale, sign-up or app subscription: total campaign cost divided by the number of…
CPCCost per clickPrice an advertiser pays for each click on an ad, and the metric that reports the average: total ad spend divided by the number of clicks.
CPCVCost per completed viewVideo ad pricing in which the advertiser pays only when the ad is played to the end, common in programmatic and connected TV buying.
CPECost per engagementPricing or metric in which the advertiser pays for interactions such as likes, comments, shares, video plays or ad expansions, used on social platforms and for…
CPICost per installPrice an advertiser pays each time a user installs a mobile app after seeing or clicking an ad, used both as a pricing model and as the campaign's average cost.
CPLCost per leadMarketing cost divided by the number of leads generated, such as form fills, demo requests or webinar registrations.
CPMCost per millePrice of 1,000 ad impressions, the standard pricing and comparison unit for display, video, social, TV, radio and print advertising.
CPPCost per pointPrice of buying one rating point, meaning 1% of the target audience, in television or radio advertising, used to compare the efficiency of stations, dayparts and markets.
CPQConfigure, price, quoteSales software that helps reps assemble valid product configurations, apply pricing and discount rules, and generate accurate quotes and proposals, especially for…
CPVCost per viewVideo advertising pricing in which the advertiser pays when a viewer watches a set amount of the ad or interacts with it.
CRMCustomer relationship managementPractice of managing interactions with customers and prospects, and the software that supports it by storing contacts, deal pipelines, communications and service…
CSATCustomer satisfaction scoreSurvey metric asking customers to rate their satisfaction with a product, purchase or support interaction, usually on a 1 to 5 scale.
CTACall to actionPrompt telling the audience what to do next, such as "Buy now," "Start free trial," "Call today" or "Subscribe," usually as a button or link.
CTORClick-to-open rateEmail metric equal to unique clicks divided by unique opens, showing how persuasive the content was among people who opened the message.
CTRClick-through ratePercentage of people who click a link, ad or email after seeing it: clicks divided by impressions, multiplied by 100.
CTVConnected TVTelevision set that streams content over the internet, either a smart TV or a regular TV connected to a device such as Roku, Apple TV, Amazon Fire TV or a game console…
CVRConversion ratePercentage of visitors, clicks or recipients who complete a desired action, such as a purchase or sign-up: conversions divided by total visitors or clicks, multiplied…
CXCustomer experienceCustomer's overall perception of a brand formed across every interaction, from advertising and purchase to delivery, support and renewal, and the discipline of…
D2CDirect-to-consumerSpelling of direct-to-consumer favored in India, the UK and in manufacturing and technology circles, describing brands that sell straight to shoppers online instead of…
DADomain AuthorityScore from 1 to 100 created by SEO software company Moz to predict how well a website is likely to rank, based mainly on the quantity and quality of links pointing to it.
DMDirect mailPrinted advertising sent by post to homes or businesses, such as catalogs, postcards, letters and coupons, often personalized and targeted using mailing lists.
DMADesignated Market AreaNielsen's division of the United States into 210 television markets, each a group of counties served by the same local stations, used to plan, buy and target TV, radio…
DMPData management platformAd technology system that collects and organizes mostly anonymous audience data, often from third-party cookies, into segments used for targeting display and video…
DOOHDigital out-of-homeOut-of-home advertising shown on digital screens, such as electronic billboards, transit displays and screens in retail stores and elevators, allowing rotating ads…
DPADynamic product adsMeta's automated ads that pull products from a catalog and show each person items they viewed or are likely to want, used for retargeting and prospecting on Facebook…
DRDomain RatingAhrefs' 0 to 100 score estimating the strength of a website's backlink profile relative to all other sites in its index, widely used in link-building outreach and…
DSPDemand-side platformSoftware that advertisers and agencies use to buy display, video, audio, connected TV and digital out-of-home ads automatically across many publishers, setting…
DTCDirect-to-consumerBusiness model in which a brand sells to end customers through its own website, app or stores, bypassing wholesalers and retailers, which gives it control of pricing…
E-E-A-TExperience, expertise, authoritativeness, trustworthinessQuality concept from Google's Search Quality Rater Guidelines describing the signals that make content credible: first-hand experience, subject expertise, recognition…
eCPMEffective cost per milleRevenue or cost per 1,000 impressions calculated after the fact, regardless of how the ads were actually priced.
EDMEmail direct marketingMarketing emails sent to subscriber lists, such as newsletters, promotions and product announcements; the abbreviation is common in Asia-Pacific agencies, often written…
ESPEmail service providerPlatform used to build mailing lists, design and send marketing or transactional emails, automate sequences and track opens, clicks and unsubscribes, such as Mailchimp…
GA4Google Analytics 4Current version of Google's free web and app analytics service, built around events rather than sessions and pageviews, with cross-device reporting, predictive metrics…
GBPGoogle Business ProfileFree listing that shows a business's name, location, hours, photos, reviews and posts in Google Search and Maps, and the main tool of local SEO for shops, restaurants…
GMBGoogle My BusinessFormer name, used from 2014 to 2021, of Google's free business listing service for Search and Maps, now called Google Business Profile.
GRPGross rating pointMeasure of the total audience delivered by a media schedule, calculated as reach (percentage of the audience exposed) times average frequency.
GTMGoogle Tag ManagerFree Google tool that lets marketers add and manage tracking codes, analytics tags and conversion pixels on a website or app through a web interface, without editing…
ICPIdeal customer profileDescription of the type of company, or customer, that gets the most value from a product and is most valuable in return, defined by attributes such as industry, size…
IMCIntegrated marketing communicationsApproach that coordinates advertising, public relations, direct marketing, digital, social and sales promotion so that all messages reinforce one consistent brand story…
IOInsertion orderSigned contract between an advertiser or agency and a publisher or ad network specifying the ad placements, flight dates, impressions, rates and terms of a media buy.
KOLKey opinion leaderInfluential person whose views shape opinions in a field: in pharmaceutical marketing, respected physicians and researchers who speak about treatments; in China and…
LPLanding pageStandalone web page built for a specific campaign, where visitors arrive after clicking an ad, email or social post, designed around a single goal such as a signup…
LTVLifetime valueTotal revenue or gross profit a business expects from a customer over the whole relationship, used to decide how much it can spend acquiring and retaining customers.
MarComMarketing communicationsMessages and media a company uses to communicate with its market, including advertising, public relations, content, events, collateral and social media, and the team…
MDFMarket development fundsMoney a manufacturer or vendor gives channel partners, such as resellers and distributors, to spend on approved marketing activities that promote its products.
MEDDICMetrics, economic buyer, decision criteria, decision process, identify pain, championEnterprise sales qualification method that checks six elements of a deal: quantified business impact, the person who controls budget, how options will be judged, the…
MOFUMiddle of the funnelConsideration stage of the funnel, when prospects compare solutions, served by case studies, webinars, comparison pages and email nurturing.
MQLMarketing-qualified leadLead that marketing judges more likely to buy than others, based on fit with the target profile and engagement such as downloading content, attending a webinar or…
NAPName, address, phone numberCore business identity details that local SEO practitioners keep identical across a website, Google Business Profile, maps and directories, because inconsistent…
NPSNet Promoter ScoreCustomer loyalty metric based on one question: how likely are you to recommend us to a friend or colleague, on a scale of 0 to 10?
OOHOut-of-home advertisingAdvertising that reaches people outside their homes, including billboards, transit ads on buses and subways, airport displays, street furniture such as bus shelters…
OTTOver-the-topServices delivered over the internet directly to users, bypassing the traditional control of telecom carriers or cable operators, such as WhatsApp for messaging and…
PESOPaid, earned, shared, owned mediaModel for planning communications across four media types: paid advertising, earned media coverage, shared social media content and owned channels such as a company…
PLAProduct listing adGoogle Shopping ad showing a product's image, title, price and store name, generated from a merchant's product feed rather than written as a text ad, appearing on…
PLGProduct-led growthGo-to-market strategy in which the product itself drives acquisition, conversion and expansion, typically through free trials or freemium plans that let users…
PMaxPerformance MaxGoogle Ads campaign type that uses automation and machine learning to place ads across Search, Shopping, YouTube, Display, Discover, Gmail and Maps from one campaign…
PMPPrivate marketplaceInvitation-only programmatic auction in which a publisher offers premium inventory to selected advertisers, usually with a price floor and access arranged through a…
PODPoint of differenceIn brand positioning, an attribute or benefit that customers associate strongly with one brand and believe they cannot find to the same degree in competitors, giving…
POPPoint of purchasePlace where a customer decides to buy, usually a store aisle or checkout, and the displays, signs, shelf talkers and end caps placed there to influence the decision.
PPCPay-per-clickOnline advertising model in which the advertiser pays each time a user clicks an ad, rather than for impressions.
PQLProduct-qualified leadProspect who has experienced value in a product through a free trial or freemium plan, shown by usage signals such as inviting teammates or hitting plan limits, making…
PRPublic relationsManagement of an organization's reputation and communication with the public, media, investors, employees and other stakeholders, through press releases, media…
RFMRecency, frequency, monetary valueCustomer segmentation method scoring each customer on how recently they bought, how often they buy and how much they spend, then grouping them, for example into…
ROASReturn on ad spendRevenue generated by advertising divided by the amount spent on it, expressed as a ratio (4:1), a multiple (4x) or a percentage (400%).
ROMIReturn on marketing investmentIncremental profit attributable to marketing divided by the marketing spend, used to judge whether a program, campaign or whole budget creates value beyond what would…
RPMRevenue per milleEarnings a publisher or creator receives per 1,000 page views or video views, after the platform's share, combining all ad and other revenue sources.
RTBReal-time biddingAuction method in programmatic advertising in which each individual ad impression is offered to buyers and sold to the highest bidder in the fraction of a second while…
SALSales-accepted leadMarketing-qualified lead that the sales team has reviewed and agreed to pursue, marking the formal handoff between marketing and sales in a lead funnel.
SEASearch engine advertisingPaid text and shopping ads displayed on search engine results pages, bought through platforms such as Google Ads and Microsoft Advertising on a pay-per-click basis.
SEMSearch engine marketingMarketing that promotes a website through search engines, today used mostly to mean paid search advertising such as Google Ads and Microsoft Advertising, where…
SEOSearch engine optimizationPractice of improving a website so its pages rank higher in the unpaid (organic) results of search engines such as Google and Bing.
SERPSearch engine results pagePage a search engine displays in response to a query, containing organic results, paid ads and features such as featured snippets, maps, "People also ask" boxes…
SFASales force automationSoftware that automates sales tasks such as contact and account management, opportunity tracking, forecasting, quoting and activity logging, now usually a module of a…
SLGSales-led growthStrategy in which revenue is driven mainly by sales teams that prospect, run demos and negotiate contracts, typical of complex, high-priced enterprise products.
SMMSocial media marketingUse of social platforms such as Instagram, TikTok, Facebook, LinkedIn, YouTube and X to build brand awareness, engage communities, drive traffic and sell products…
SMOSocial media optimizationPractice of making content and profiles more shareable and visible on social platforms, through share buttons, compelling previews, consistent profiles and posting…
SOVShare of voiceBrand's portion of the total advertising, mentions, search visibility or impressions in its category, compared with competitors.
SQLSales-qualified leadProspect that a salesperson has vetted, typically through a discovery call, and judged to have a genuine need, budget, authority and timeline, making it ready to become…
SSPSupply-side platformAd technology used by publishers and app developers to sell their ad inventory automatically, offering each impression to many buyers through auctions and setting price…
STPSegmentation, targeting and positioningThree-step marketing strategy model: divide a market into groups with similar needs, choose which segments to serve, and define how the brand should be perceived…
TCVTotal contract valueFull value of a customer contract over its entire term, including recurring fees and one-time charges such as implementation or training.
TOFUTop of the funnelEarliest stage of the marketing funnel, when people first become aware of a problem or brand, served by educational blog posts, social content, videos and broad…
TRPTarget rating pointGross rating points delivered among a defined target audience, such as adults 25 to 54, rather than among all viewers, used to plan and buy television and video…
TTLThrough the lineCampaign approach that blends mass-media (ATL) and targeted (BTL) activity into one integrated plan, for example a TV ad driving viewers to an in-store promotion and…
UGCUser-generated contentContent created by customers or fans rather than the brand, such as reviews, photos, videos, social posts and forum answers, which brands repost, display on product…
USPUnique selling propositionDistinctive benefit that sets a product apart from competitors and gives customers a reason to choose it, expressed in a single clear claim used across advertising.
UTMUrchin Tracking ModuleSet of standard parameters added to the end of a URL, such as utm_source, utm_medium and utm_campaign, that tell analytics tools where a visitor came from.
UVPUnique value propositionConcise statement of the specific value a product delivers, for whom and how it differs from alternatives, typically placed as the main headline on a website or landing…
vCPMViewable cost per millePrice of 1,000 viewable impressions, counting only ads that met an industry viewability standard rather than all ads served.
VOCVoice of the customerProcess of capturing customers' needs, expectations and complaints through interviews, surveys, reviews, support tickets and social listening, and feeding them into…
VTRView-through ratePercentage of video ad impressions in which the viewer watched to completion or to a defined threshold, used to compare creative and placements.
WOMWord of mouthSpread of information and recommendations about products from person to person, in conversation or online, and marketing that deliberately encourages it through…
YMYLYour Money or Your LifeGoogle's term for topics where poor-quality information could harm a person's health, financial stability, safety or well-being, such as medical advice, investing…

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