The Store Owner’s

Glossary

A–Z of the ecommerce terms every store owner should know.

#

  • 3-D Secure (3DS)

    3-D Secure is a security protocol that lets a card issuer verify a shopper's identity during an online payment.

A

  • Abandoned Cart Email

    An abandoned cart email is an automated message sent to a shopper who added items to their cart but left without buying.

  • Abandoned Wishlist Recovery

    Abandoned wishlist recovery is the practice of nudging shoppers back to a wishlisted product they haven't bought yet.

  • Add-to-Cart Rate

    Add-to-Cart Rate is the share of visits where a shopper adds at least one item to their cart.

  • Add-to-Wishlist Rate

    Add-to-wishlist rate is the share of store visitors who save at least one product to a wishlist.

  • Agentic Commerce

    Agentic Commerce is online shopping where an AI agent acts for the shopper.

  • AI Hallucination

    An AI hallucination happens when an AI tool states false or made-up information as if it were true.

  • AI Overviews

    AI Overviews are Google's AI-generated answer summaries that appear at the top of many search results.

  • Alt Text

    Alt text (short for alternative text) is a written description you add to an image so software and search engines can understand what the picture shows.

  • Anchor Text

    Anchor text is the visible, clickable words in a hyperlink.

  • Anchoring Effect

    The anchoring effect is a cognitive bias where the first number we see shapes the numbers we estimate after it.

  • Anonymous Wishlist

    An Anonymous Wishlist lets a shopper save products without creating an account or sharing personal details.

  • Answer Engine Optimization

    Answer Engine Optimization (AEO) is the practice of shaping your content to become the direct answer a shopper sees.

  • Attribution Model

    An attribution model is the rule that decides which marketing touchpoints get credit for a sale.

  • Auction Multi-Vendor Marketplace

    A select auction multi-vendor marketplace is a digital shopping mall where independent sellers list curated groups of products, and buyers compete to purchase them through live bidding.

  • Authority Principle (Cialdini)

    The Authority Principle is one of Robert Cialdini's seven principles of persuasion.

  • Auto-Apply Coupon

    An auto-apply coupon is a promotional discount that instantly lowers a customer's total at checkout without them having to type in a code.

  • Availability Heuristic

    The availability heuristic is a mental shortcut.

  • Average Order Value

    Average Order Value is one of the most important numbers you can track for your online store.

  • Average Revenue Per User (ARPU)

    Average revenue per user (ARPU) stands for average revenue per user.

B

  • B2B Procurement

    B2B procurement is the whole, organized system a business uses to find, negotiate with, and buy from the suppliers it needs to run.

  • Baby Registry

    A Baby Registry is a list of products expecting parents want for their new baby.

  • Back-in-Stock Notification

    A back-in-stock notification is an automated alert system that lets shoppers know when a sold-out item is available to buy again.

  • Backlink

    A backlink is a link on another website that points to your website.

  • Backorder

    A backorder is an order placed for a product that is currently out of stock but will ship once it returns.

  • Bandwagon Effect

    The bandwagon effect is a psychological bias where people want something more once they see others choosing it.

  • BOGO Coupon Code

    A BOGO coupon code is a specific promotional text string that shoppers enter at checkout to unlock a Buy One, Get One deal.

  • Booking Multi-Vendor Marketplace

    A booking multi-vendor marketplace is a digital platform where multiple independent businesses sell time-based services, rentals, or appointments in one central location.

  • BOPIS (Buy Online, Pickup In Store)

    BOPIS, short for buy online, pick up in store, lets a customer order online and collect the item in person.

  • Bounce Rate

    Bounce rate is the percentage of visitors who land on your site and leave without engaging.

  • Brand Mention (Citation)

    A brand mention (citation) is any time an online source names your brand, with or without a link back to your store.

  • Breadcrumb Navigation

    Breadcrumb navigation is the small trail of links near the top of a page.

  • Break-Even Point

    The break-even point is the level of sales where your revenue exactly covers your costs.

  • Browse Abandonment

    Browse Abandonment is when a shopper looks at products on your store, then leaves without adding anything to their cart.

  • Bulk Discount

    A bulk discount is a price cut a shopper earns by buying more units at once.

  • Buy Now, Pay Later (BNPL)

    Buy now, pay later, or BNPL, lets a customer split a purchase into smaller payments over time.

C

  • Call to Action (CTA)

    A call to action (CTA) is the prompt that tells a visitor exactly what to do next.

  • Canonical Tag

    A canonical tag is a small piece of code that tells search engines which version of a page is the "main" one.

  • Cart Abandonment

    Shopping cart abandonment, or simply cart abandonment, is when a shopper adds products to their online cart, then leaves without buying.

  • Cart Abandonment Discount

    A cart abandonment discount is a special offer sent to shoppers who left items in their cart.

  • Cart Condition

    A cart condition is a simple "if/then" rule applied to an online shopping cart that unlocks a reward only when specific requirements are met.

  • Chargeback

    A chargeback is a forced reversal of a card payment, started by the buyer's bank rather than the store.

  • Charm Pricing

    Charm pricing is the practice of ending a price with a 9, 99, or 95 instead of a round number.

  • Chatbot

    A chatbot is software that holds a conversation with a shopper in plain language.

  • ChatGPT Shopping

    ChatGPT shopping is product discovery that happens inside a conversation instead of a search results page.

  • Churn Rate

    Churn Rate is the percentage of customers who stop buying from you over a set period.

  • Click-Through Rate (CTR)

    Click-through rate (CTR) measures how often people click a link after they see it.

  • Click-to-Open Rate (CTOR)

    Click-to-open rate, usually shortened to CTOR, is the percentage of people who clicked a link after opening your email.

  • Cohort Analysis

    Cohort Analysis is a way to group customers by when they first bought from you.

  • Commitment & Consistency (Foot-in-the-Door)

    Commitment & Consistency is one of Robert Cialdini's core principles of persuasion.

  • Comparison Shopping Engine

    A comparison shopping engine is a search website where shoppers filter and evaluate products from different online stores at the same time.

  • Confirmation Bias

    Confirmation bias is our habit of noticing evidence that supports what we already believe, while quietly discounting evidence that doesn't.

  • Contribution Margin

    Contribution margin is the money left from a sale after you subtract the variable costs of making that sale.

  • Conversational Checkout

    Conversational checkout is a smart ecommerce feature that lets your customers go from finding a product to paying for it entirely within a single chat window.

  • Conversion Funnel

    A conversion funnel is the staged path a shopper takes from finding your store to buying.

  • Conversion Rate

    Conversion rate is the percentage of visitors who take an action you want, like making a purchase.

  • Conversion Rate Optimization (CRO)

    Conversion Rate Optimization (CRO) is the practice of getting more of your existing visitors to take action.

  • Cookie Consent

    Cookie consent is the permission a visitor gives before your site stores or reads non-essential cookies.

  • Core Web Vitals

    Core Web Vitals are three metrics Google uses to measure a page's real-world experience.

  • Cost of Goods Sold (COGS)

    Cost of Goods Sold (COGS) is the direct cost of making or buying the products your store sells.

  • Coupon Abuse

    Coupon abuse is the use of a discount code in ways you never intended.

  • Coupon Expiration Date

    A coupon expiration date is the point at which a discount code stops working.

  • Coupon Usage Limit

    A coupon usage limit caps how many times a discount code can be redeemed.

  • Crawl Budget

    Crawl Budget is how many pages a search engine will crawl on your site in a given window.

  • Credit Limit

    A credit limit is the maximum a trade customer is allowed to owe you at any one moment.

  • Cross-Selling

    Cross-selling is the practice of recommending extra products that go with what a shopper is already buying.

  • Curation Reward

    In e-commerce, a curation reward is a specific payout or perk given to a shopper who organizes and shares a collection of your products.

  • Customer Acquisition Cost (CAC)

    Customer Acquisition Cost (CAC) is the total amount you spend to win one new customer.

  • Customer Intent

    Customer intent is the specific goal driving a shopper's actions while they browse your online store.

  • Customer Lifetime Value

    Customer lifetime value (CLV or LTV) is the total revenue a single customer is expected to generate.

D

  • Days Sales of Inventory (DSI)

    Days sales of inventory tells you how many days your stock sits on the shelf before it sells.

  • Dead Stock

    Dead stock is inventory that has stopped selling and is unlikely to sell at full price.

  • Decoupled Ecommerce

    Decoupled ecommerce is a way to build an online store where the front-end (what the customer sees) and the back-end (where the data and payments are handled) are completely separate.

  • Decoy Effect

    The decoy effect is a quirk in how people pick between choices.

  • Decoy Pricing

    Decoy pricing adds a strategically bad third option to make one of your other options look like the winner.

  • Digital Wallet

    A digital wallet is an app or service that stores a shopper's payment cards for fast, secure checkout.

  • Direct-to-Consumer (DTC)

    Direct-to-consumer (DTC) is a business model where a brand sells straight to shoppers.

  • Discount Code

    A discount code is a specific mix of letters and numbers that shoppers enter at checkout to reduce the cost of their online order.

  • Domain Rating

    Domain Rating (DR) is a score from Ahrefs.

  • Double Opt-In

    Double opt-in is a signup method where a new subscriber must confirm their email before joining your list.

  • Drip Campaign

    A drip campaign is a series of automated emails sent on a schedule or triggered by a customer's actions.

  • Dropshipping

    Dropshipping is a retail model where you sell products without keeping any stock.

  • Duplicate Content

    Duplicate content is identical or nearly identical text that lives on more than one web address.

  • Dynamic Coupon

    A dynamic coupon is a unique discount code created automatically for one specific shopper.

  • Dynamic Pricing

    Dynamic pricing is an automated strategy where your store's product prices change in real-time based on shifting market conditions.

E

  • E-E-A-T

    E-E-A-T stands for Experience, Expertise, Authoritativeness, and Trustworthiness.

  • Economic Order Quantity (EOQ)

    Economic order quantity (EOQ) is the order size that makes your total inventory cost as low as possible.

  • Email Deliverability

    Email deliverability is whether your emails actually reach the inbox instead of landing in spam, getting blocked, or bouncing.

  • Email Segmentation

    Email segmentation is the practice of splitting your email list into smaller groups that share a trait.

  • Email Wishlist Reminder

    An email wishlist reminder is an automated message sent to shoppers who saved specific items for later but haven't bought them yet.

  • Endowment Effect

    The endowment effect is a behavioral economics principle: people value things more once they feel they own them.

  • Entity SEO

    Entity SEO is the practice of optimizing your brand around entities: people, places, products, and concepts, plus the relationships between them.

  • Escrow

    Escrow is holding a buyer's payment until the seller has delivered what was promised.

  • Evergreen Content

    Evergreen content is content that stays useful long after it was published.

  • Exclusive Wholesale Pricing

    Exclusive wholesale pricing is a digital strategy where an online store offers heavily discounted, bulk-order prices only to approved business buyers through a hidden or password-protected portal.

  • Exit Intent

    Exit Intent is technology that senses when a visitor is about to leave your store, then shows a timely message to keep them.

F

  • Faceted Navigation

    Faceted navigation is the set of filters on a category page that let shoppers narrow results by attribute.

  • FAQ Schema

    FAQ Schema is a type of structured data that labels a list of questions and their answers.

  • Favorite Button

    A favorite button, or heart button, is the small heart icon that lets a shopper save a product with one tap.

  • Featured Snippet

    A featured snippet is the boxed answer that appears at the very top of Google's results.

  • Feed Mapping

    Feed mapping is telling a sales channel which of your product fields corresponds to each of theirs.

  • Feed Optimization

    Feed optimization is the ongoing work of cleaning and improving the product data inside your shopping feed.

  • Fine-Tuning

    Fine-tuning is the process of taking a general-purpose AI model and training it further on your own examples.

  • First-Order Discount

    A first-order discount is a deal offered only to brand-new customers on their first purchase.

  • First-Party Data

    First-party data is the customer information your store collects directly from your own shoppers.

  • Flash Sale

    A flash sale is a short, deep discount that runs for a limited time, often just hours.

  • Flat-Rate Shipping

    Flat-rate shipping is a single, fixed delivery fee that stays the same no matter what the customer orders.

  • FOMO

    FOMO stands for the "fear of missing out." It's the anxiety that other people are enjoying experiences, deals, or opportunities you'll regret skipping.

  • Framing Effect

    The framing effect is a bias where the way you present information changes how people decide.

  • Free Gift With Purchase

    A free gift with purchase adds a complimentary item to an order once the shopper meets a condition.

  • Free Shipping Threshold

    A free shipping threshold is a minimum spending target your customers must hit to get their order delivered for free.

  • Frictionless Checkout

    Frictionless checkout is a payment flow that removes every unnecessary step between a shopper deciding to buy and actually buying.

G

  • Generative Engine Optimization

    Generative Engine Optimization (GEO) is the practice of shaping your content so AI answer tools mention and cite your brand.

  • Geo-Based Pricing

    Geo-based pricing is the practice of charging different prices based on a shopper's location.

  • Gift Card

    A gift card is a prepaid card or digital code that holds a set dollar amount for spending at a specific store.

  • Gift Registry

    An e-commerce gift registry is a digital, shareable wishlist created by a shopper for a specific milestone event, like a wedding or baby shower.

  • Goal Gradient Effect

    The goal gradient effect is a behavioral economics principle.

  • Google Merchant Center

    Google Merchant Center is a free Google tool where online stores upload their product data.

  • Gross Margin

    Gross margin is the share of sales revenue left after you subtract the direct cost of your products.

  • Gross Merchandise Value (GMV)

    Gross merchandise value (GMV) is the total sales value of everything sold through a marketplace over a set period.

  • Group Gifting

    Group gifting is when several people chip in money to buy one gift together.

  • Group Pricing

    Group pricing is an automated e-commerce strategy that shows different prices to different types of customers on the exact same website.

  • GTIN (Global Trade Item Number)

    A GTIN (Global Trade Item Number) is the unique number that identifies a product anywhere in the world.

  • Guest Checkout

    Guest checkout lets a shopper buy without creating an account or password.

  • Guest Wishlist

    A guest wishlist is a helpful website feature that lets online shoppers save and organize products they like without having to create an account or log in.

H

  • Halo Effect

    The halo effect is a mental shortcut where one good impression colors how people judge everything else.

  • Handling Fee

    A handling fee is a charge covering the work of preparing an order, separate from the cost of shipping it.

  • Headless Commerce

    Headless commerce means splitting your storefront away from the engine that runs it.

  • Heatmap

    A heatmap is a color-coded picture of how visitors behave on a web page.

  • Hero Product

    A hero product is the one item in your catalogue that carries the business.

  • Hick’s Law

    Hick's Law says the time someone needs to make a decision grows with the number of options they face.

  • Hidden Pricing

    Hidden pricing is an advanced online storefront setup that purposely hides product costs from everyday shoppers or unverified visitors.

  • High-Volume Discounting

    High-volume discounting is a pricing strategy that lowers the per-unit cost as a buyer's order size grows.

  • Holiday Wishlist Curation

    What is holiday wishlist curation?

  • Hreflang

    Hreflang is an HTML attribute that tells search engines which language and regional version of a page to show each visitor.

I

  • IKEA Effect

    The IKEA Effect is a mental shortcut where people value things more when they help make them.

  • Impression

    An impression is one instance of your content, ad, or listing being shown to a person.

  • Impulse Purchase

    Also known as impulse buying or impulse purchasing, an impulse purchase is a sudden, unplanned decision to buy something right before checking out.

  • Incoterms

    Incoterms are standard three-letter codes that define who does what in an international shipment.

  • Indexability

    Indexability is whether a search engine is allowed and able to store your page in its index.

  • Interchange Fee

    An interchange fee is the slice of every card payment that goes to the bank that issued the customer's card.

  • Internal Linking

    Internal linking is the practice of connecting one page on your site to another page on the same site.

  • Inventory Management

    Inventory management is the practice of tracking and controlling your stock so you always know what you have.

  • Inventory Shrinkage

    Inventory shrinkage is the gap between the stock your records claim and the stock actually on your shelves.

  • Inventory Turnover

    Inventory turnover measures how many times your store sells and replaces its stock over a set period.

J

  • JavaScript

    JavaScript is the invisible engine that makes your online store interactive without forcing your web pages to constantly reload.

  • JavaScript SEO

    JavaScript SEO is the practice of making content built with JavaScript easy for search engines to crawl, render, and index.

  • Job Lot

    In e-commerce, a job lot is a massive, mixed batch of leftover inventory—like customer returns, overstock, or damaged goods—sold together as a single, discounted package.

  • Joint Venture

    A joint venture (JV) is a strategic business deal where two or more independent companies team up to pool their resources, money, and skills for a specific goal.

  • Journey-Based Discounting

    Journey-based discounting is a smart pricing strategy that gives personalized, real-time offers to shoppers based on their exact behavior on your site.

  • JPEG Optimization

    JPEG optimization is the process of making an image file size as small as mathematically possible without making the picture look bad to the human eye.

  • JSON Web Token (JWT)

    A JSON Web Token (JWT) is a secure, self-contained digital pass that shares identity information between systems.

  • JSON-LD (Structured Data)

    JSON-LD (Structured Data) is a small block of code you add to a web page.

  • Just-in-Time (JIT) Inventory

    Just-in-Time (JIT) Inventory is a strategy where you order stock only when you need it.

K

  • Key Account Management

    Key account management is the practice of treating your most valuable customers as long-term relationships rather than repeat orders.

  • Key Performance Indicator (KPI)

    A key performance indicator (KPI) is a number you track because it shows progress toward a specific goal.

  • Keystone Pricing

    Keystone pricing is a simple rule where a store owner sets the retail price of a product by exactly doubling its wholesale cost.

  • Keyword Cannibalization

    Keyword cannibalization happens when two or more pages on the same site compete for the same search intent.

  • Keyword Difficulty

    Keyword difficulty is a score estimating how hard it would be to rank on page one for a search term.

  • Kitting

    Kitting is the process of grouping several separate products into one ready-to-ship package with its own SKU.

  • Know Your Customer (KYC)

    Know Your Customer, usually shortened to KYC, is the process of verifying who you are actually doing business with.

  • Knowledge Base

    A knowledge base is a self-service help library for your online store.

  • Knowledge Graph

    A Knowledge Graph is a structured map of real-world things and how they connect.

L

  • Landed Cost

    Landed cost is the true, total price of getting a product to your door.

  • Landing Page

    A landing page is a standalone web page built for one goal.

  • Large Language Model (LLM)

    A large language model (LLM) is a type of artificial intelligence trained on huge amounts of text.

  • Last-Mile Delivery

    Last-mile delivery is the final step that brings a package from a local hub to the customer's door.

  • Lead Magnet

    A lead magnet is a free, valuable offer you give in exchange for a visitor's email address.

  • Lead Time

    Lead time is how long it takes from placing an order to having the goods ready to sell.

  • Liking Principle (Cialdini)

    The Liking Principle is one of Robert Cialdini's seven principles of persuasion.

  • LLMs.txt

    LLMs.txt is a simple text file you place at the root of your website to guide AI language models.

  • Long-Tail Keyword

    A long-tail keyword is a longer, more specific search phrase that fewer people use.

  • Loss Aversion

    Loss aversion is a behavioral economics principle.

  • Loss Leader Strategy

    A loss leader pricing strategy, or simply loss leader strategy, is when a store intentionally sells a product for less than it costs to make.

  • Loyalty Program

    A loyalty program, or customer loyalty program, is a structured marketing system that rewards customers for repeat purchases or engagement.

M

  • Manufacturer’s Suggested Retail Price (MSRP)

    The manufacturer's suggested retail price, or MSRP, is the price a supplier recommends a retailer charge the public.

  • Marketplace Fee

    A marketplace fee is what a platform charges to let vendors sell on it.

  • Markup vs Margin

    Markup vs margin is the difference between measuring profit against your cost and measuring it against your price.

  • Merchant Account

    A merchant account is a special type of bank account that lets your business accept credit and debit card payments.

  • Mere Exposure Effect

    The mere exposure effect is our tendency to like things more simply because we've encountered them before.

  • Meta Description

    A meta description is the short summary of a page that appears under its title in search results.

  • Micro-Conversion

    A micro-conversion is a small action a visitor takes on the way to buying.

  • Minimum Advertised Price (MAP)

    A minimum advertised price, or MAP, is the lowest price a supplier allows a retailer to advertise a product for.

  • Minimum Order Quantity (MOQ)

    A minimum order quantity (or MOQ) is the smallest amount a supplier will let you buy in one order.

  • Multi-Vendor Marketplace

    A multi-vendor marketplace is an online store where multiple independent sellers offer their products under one single website brand.

  • Multichannel Selling

    Multichannel selling is a retail method where a store owner sells products on several different platforms at the same time.

  • Multiple Wishlists

    Multiple wishlists let a single shopper create and name more than one saved list.

  • Mutually Exclusive Discount

    A mutually exclusive discount is a deal that can't be combined with any other promotion in the same cart.

N

  • Natural Language Processing (NLP)

    Natural Language Processing, usually shortened to NLP, is the field of computing that lets software work with human language.

  • Negative Keyword

    A negative keyword tells an ad platform which searches should never trigger your ad.

  • Net Profit Margin

    Net profit margin is the exact percentage of your total sales that you get to keep as actual profit after paying every single business expense.

  • Net Promoter Score (NPS)

    Net Promoter Score (NPS) is a simple metric that measures customer loyalty.

  • Net Revenue Retention

    Net Revenue Retention (NRR) measures how much revenue you keep and grow from your existing customers over time.

  • Net Sales

    Net sales is what your store actually earned from selling things.

  • Net Terms

    Net terms let a business buyer receive goods now and pay later, within a set window.

  • Niche Marketplace

    A niche marketplace is a highly specialized online platform that connects buyers and sellers within a tightly focused industry or product category.

  • No-Follow Link

    A no-follow link is a standard web link with a tiny piece of invisible code added to it.

  • Nudge Theory

    Nudge theory is the idea that small changes to how choices are presented can shift behaviour, without removing any options.

O

  • Omnichannel Selling

    Omnichannel selling, or omnichannel commerce, is a retail and marketing strategy that connects every part of a business, including physical stores, websites, apps, and social media.

  • One-Click Checkout

    One-click checkout lets a returning buyer complete a purchase with a single tap.

  • Online Sales Channel

    An online sales channel is a digital platform where a business sells its products directly to internet shoppers.

  • Online Wholesale

    Online wholesale is the digital version of traditional business-to-business (B2B) commerce.

  • Open Rate

    Open rate is the percentage of delivered emails that recipients actually open.

  • Order Bump

    An order bump is a small add-on offer shown during checkout, usually as a single tickbox.

  • Order Export

    Order export is the process of pulling your store's order data out of WooCommerce and into a file.

  • Order Fulfillment

    Order fulfillment is everything that happens after a customer clicks the buy button.

  • Organic Traffic

    Organic traffic is the stream of visitors who reach your store through unpaid search results.

  • Out-of-Stock Rate

    Out-of-stock rate measures how often shoppers find a product unavailable when they want to buy it.

P

  • Paradox of Choice

    The paradox of choice is when too many options make people decide worse, or not at all.

  • Payback Period

    Payback period is the time it takes to earn back the cost of acquiring a customer.

  • Payment Gateway

    A payment gateway is the service that securely handles online card payments between your store, the customer, and the banks.

  • Payment Processor

    A payment processor is the company that routes a card transaction between your customer's bank, the card networks, and your account.

  • PCI Compliance

    PCI compliance means following a set of security rules for handling payment card data safely.

  • Peak-End Rule

    The Peak-End Rule is a behavioral science principle from psychologist Daniel Kahneman.

  • Penetration Pricing

    Penetration pricing is a strategy where you launch a product at a low price to win customers fast.

  • Persistent Wishlist

    A Persistent Wishlist keeps a shopper’s saved items in place across visits, devices, and time.

  • Pre-Order

    A pre-order lets customers buy a product before it is officially released.

  • Price Drop Alert

    A price drop alert is an automated message sent to a shopper when an item they recently viewed, left in their cart, or added to a wishlist goes on sale.

  • Price Skimming

    Price skimming is a strategy where you launch a product at a high price, then lower it over time.

  • Priming

    Priming is when exposure to one thing quietly changes how you react to the next thing.

  • Print on Demand

    Print on demand is a fulfillment model where products are only made after a customer orders them.

  • Private Label

    Private label is a retail model where you sell products made by a third-party manufacturer under your own brand name.

  • Private Wishlist

    A private wishlist is a saved list of products that only the shopper can see.

  • Product Approval Workflow

    A product approval workflow is the review process a marketplace uses before a vendor's product goes live.

  • Product Bundling

    Product bundling is an ecommerce strategy where you group multiple distinct products together.

  • Product Catalog

    A product catalog is the complete, organized record of everything your store sells.

  • Product Data Feed

    A product data feed, or product feed, is a digital file that contains a detailed list of the items you sell.

  • Product Schema

    Product schema is structured data that describes a product to search engines and AI in a language they understand.

  • Product Wishlist

    A product wishlist, or ecommerce wishlist, is a personalized digital space where shoppers can save products they like.

  • Prompt Engineering

    Prompt engineering is the practice of writing clear instructions that get an AI tool to produce the output you want.

  • Psychological Pricing

    Psychological pricing is the practice of setting prices to trigger emotional shortcuts rather than rational math.

  • Public Wishlist

    A public wishlist is a saved list of products that anyone with a link can view and shop from.

  • Purchase Intent

    Purchase intent, also known as buyer intent, is the measurable probability that a shopper will actually buy a product within a specific timeframe.

  • Purchase Order

    A purchase order (or PO) is a document a buyer sends a seller to officially request goods or services.

Q

  • QR Code Shopping

    QR code shopping is the use of scannable, two-dimensional barcodes to connect physical items directly to online checkout pages.

  • Qualified Lead

    A qualified lead is a potential buyer who has been carefully evaluated and shows a strong, mathematically proven chance of making a purchase.

  • Quality Score

    Quality Score is a Google Ads diagnostic.

  • Quantity On Hand (QOH)

    Quantity on Hand (QOH) is the exact, physical number of finished goods sitting on your warehouse shelves right now.

  • Quantity-Based Pricing

    Quantity-based pricing is a simple strategy where the price of an item changes based on how many you buy.

  • Queue Management

    Queue management is a digital waiting room that protects your online store from crashing during massive traffic spikes.

  • Quick Commerce

    Quick commerce, or Q-commerce, is an ultrafast form of online shopping where local orders are delivered to customers in just 10 to 30 minutes.

  • Quick View

    A quick view is a preview window that opens on top of a product list.

  • Quote-to-Cash

    Quote-to-cash is the whole business process that runs from quoting a customer to collecting their payment.

R

  • Real-Time Shipping Rates

    Real-time shipping rates are delivery prices pulled live from the carrier at the moment of checkout.

  • Reciprocity Principle

    The reciprocity principle is the human pull to return favors.

  • Recommendation Engine

    A recommendation engine is software that decides which products to show a shopper next.

  • Redemption Rate

    Redemption rate is the share of issued coupons that shoppers actually use.

  • Referral Program

    A referral program is a system that rewards your current customers for bringing you new ones.

  • Refund Rate

    Refund Rate is the share of your sales revenue that you pay back to customers as refunds.

  • Reorder Point

    A reorder point is the stock level that tells you it is time to order more.

  • Repeat Purchase Rate

    Repeat Purchase Rate (RPR) is the share of your customers who buy from you more than once.

  • Request For Quote (RFQ)

    A Request for Quote (RFQ) is a digital tool that changes how people buy from your online store.

  • Retargeting

    Retargeting is advertising aimed at people who have already visited your store.

  • Retrieval-Augmented Generation (RAG)

    Retrieval-Augmented Generation (RAG) is a way for an AI model to look up outside information before it answers.

  • Return on Investment (ROI)

    Return on investment (ROI) measures how much profit you earn against what you spent.

  • Returns Management (RMA)

    Returns management is the full process of handling products that customers send back.

  • Rich Snippet

    A rich snippet (also called a rich result) is a normal search listing that Google enhances with extra visual details.

  • ROAS (Return on Ad Spend)

    Return on ad spend, or ROAS, measures how much revenue you earn for every dollar spent on ads.

  • Robots.txt

    Robots.txt is a simple text file that lives at the root of your website.

  • Role-Based Pricing

    Role-based pricing shows different prices to different customers based on the account role they are assigned.

  • Rule-Based Discount

    A rule-based discount is an automated pricing strategy where e-commerce software applies a special deal only when a shopper meets specific conditions, using simple "if-then" logic.

S

  • Safety Stock

    Safety stock is the extra inventory you hold as a buffer against surprises.

  • Sales Tax Nexus

    Sales tax nexus is the legal connection between your e-commerce business and a specific state that forces you to collect tax from customers who live there.

  • Save For Later

    A Save For Later feature (commonly known as a wishlist) is a digital holding area where online shoppers can organize products they want to buy in the future.

  • Scarcity Principle

    The scarcity principle is the rule that people want things more when supply feels limited.

  • Scheduled Discount

    A scheduled discount is a price cut you set to start and end automatically.

  • Scheduled Export

    A scheduled export is an automated data export that runs on a set timetable instead of by hand.

  • Search Intent

    Search intent is the real goal behind a person's search query.

  • Sell-Through Rate

    Sell-through rate is the percentage of your stock that sells within a set period.

  • Semantic Search

    Semantic search lets search engines and AI tools understand what a shopper means.

  • Sender Reputation

    Sender reputation is the trust score mailbox providers give your sending domain and IP address.

  • SERP

    A SERP (Search Engine Results Page) is the page Google or Bing shows you after you type a query.

  • Session Stitching

    Session stitching is a technique that links a customer's separate browsing sessions into one unified journey.

  • Share of Voice

    Share of voice (SOV) measures how much of the total conversation in your market belongs to your brand.

  • Shipping Zone

    A shipping zone is a geographic region you define in your store, each with its own shipping methods and rates.

  • SKU (Stock Keeping Unit)

    An SKU, short for stock keeping unit, is a unique code a store gives each product or variant to track it.

  • Social Commerce

    Social commerce is buying and selling products directly inside social media apps.

  • Social Proof

    Social proof is a psychology principle: people copy what others do when they aren't sure what to choose.

  • Social Wishlist

    A social wishlist is a saved product list built to be seen, not hidden.

  • Split Payment

    A split payment divides one customer payment among several parties at checkout.

  • Stackable Coupon

    A stackable coupon is an e-commerce feature that lets shoppers use more than one discount code on a single purchase.

  • Stairstep Pricing

    Stairstep pricing is a billing method where you charge one flat, fixed price for a specific range or "bracket" of items, features, or services.

  • Startup J-Curve

    The startup J-curve is a visual timeline that shows why new businesses almost always lose money before they become profitable.

  • Store Credit

    Store credit is a balance you attach to a customer's account that they can spend with you later.

  • Store Migration

    Store migration is the process of moving your online store's data from one platform or store to another.

  • Subscription Box

    A subscription box is a package of products a store ships to customers on a repeating schedule.

  • Subscription Marketplace

    A subscription marketplace is an online shopping mall where customers sign up to receive products or services automatically on a regular schedule from different independent sellers.

  • Sunk Cost Fallacy

    The sunk cost fallacy is our habit of sticking with something because of what we already spent on it.

T

  • Take Rate

    A take rate is the percentage of a transaction's gross value that a marketplace, e-commerce platform, or payment service keeps as revenue for facilitating a sale.

  • Targeted Email Marketing

    Targeted email marketing is the practice of sending personalized, highly relevant emails to specific groups of your subscribers based on their past behavior and preferences.

  • Tax Exemption

    A tax exemption lets a qualified buyer purchase goods without paying sales tax.

  • Third-Party Logistics (3PL)

    A third-party logistics provider, or 3PL, is a company that stores, packs, and ships your orders for you.

  • Tier Pricing

    Tier pricing, or tiered pricing, is a sales strategy where a business offers products or services at different price levels, commonly called "tiers." Think of it like a ladder.

  • Tiered Discount

    A tiered discount is a pricing strategy that rewards customers with bigger savings as they spend or buy more.

  • Title Tag

    A title tag is the HTML element that sets a web page's title.

  • Tokenization

    Payment tokenization is a security process that replaces a customer's sensitive 16-digit credit card number with a random string of characters called a "token." This token allows your store to charge a customer for future purchases without ever actually storing their raw payment data on your own servers.

  • Topic Cluster (Pillar Page)

    A topic cluster is a group of related web pages built around one central subject.

  • Total Addressable Market (TAM)

    The total addressable market (TAM) is the absolute maximum amount of money your business could make if you sold your product to every single possible customer.

  • Trade Pricing

    Trade pricing is the discounted price you charge business buyers instead of the general public.

  • Transactional Email

    A transactional email is an automated message sent to one person after they take a specific action.

  • Trust Badge

    A trust badge is a digital symbol displayed on your online store to prove your business is safe, real, and secure.

U

  • Unique Selling Proposition (USP)

    A Unique Selling Proposition (USP) is the one clear reason a shopper should buy from your store instead of a competitor.

  • Unit Economics

    Unit economics is the profit math for a single sale or a single customer.

  • Unity Principle (Cialdini)

    The Unity Principle is the seventh of Robert Cialdini's persuasion principles.

  • Universal Product Code (UPC)

    A Universal Product Code (UPC) is the 12-digit barcode printed on most retail products.

  • Unsubscribe Rate

    Unsubscribe Rate is the percentage of people who opt out of your email list after receiving a message.

  • Upselling

    Upselling is a sales tactic where you guide a shopper toward a higher-priced version of the product they're already considering.

  • URL Coupon

    A URL coupon is a special web link that automatically applies a discount to a shopper's cart when they click it. You might also hear it called an auto-apply coupon or a discount link. Instead of making people type in a code, the link has the discount details built right into it.

  • Usage-Based Billing

    Usage-based billing is a pricing model where customers pay for what they actually use, not a flat monthly fee.

  • User-Generated Content (UGC)

    User-generated content (UGC) is any photo, video, or written review created by your actual customers instead of your brand.

  • UTM Parameters

    UTM parameters are short tags you add to the end of a link.

V

  • Variable Product

    A variable product is an item listing in your online store that lets buyers choose between different options.

  • Vector Database

    A vector database is a database built to store and search numerical representations of meaning instead of exact text.

  • Vector Embedding

    A vector embedding is a list of numbers that captures the meaning of a word, product, or image.

  • Vendor Commission

    A vendor commission is the cut a marketplace takes from each sale a seller makes on its platform.

  • Vendor Dashboard

    A vendor dashboard is the private control panel each seller uses on a multi-vendor marketplace.

  • Vendor Onboarding

    Vendor onboarding is how a marketplace guides a new seller from sign-up to their first live sale.

  • Vendor Payout

    A vendor payout is the money a marketplace pays a seller for the sales they make.

  • Vendor Storefront

    A vendor storefront is a seller's own branded mini-shop inside a larger marketplace.

  • Vendor Verification

    Vendor verification is how a marketplace checks that a seller is legitimate before approval.

  • Volume Pricing

    Volume pricing is a simple discount strategy where the cost of a single item drops as a customer buys more of it.

W

  • Webhook

    A webhook is an automated message your store sends to another app the moment something happens.

  • Wedding Registry

    A Wedding Registry is a curated list of gifts a couple wants for their wedding.

  • Welcome Series

    A welcome series is an automated set of emails sent to a new subscriber or customer right after they sign up.

  • Wholesale Channel

    The wholesale channel, or wholesale distribution channel, is a business-to-business (B2B) sales strategy where you sell your products in bulk quantities to other businesses, rather than directly to everyday consumers.

  • Wholesale Customer

    A wholesale customer is a business buyer who purchases your products in large volumes at heavily discounted prices.

  • Wholesale Order Form

    A wholesale order form is a single searchable table that lets a trade buyer order your whole catalog at once.

  • Wholesale Pricing

    A wholesale pricing strategy sets the bulk rate you charge retailers who buy your products to resell.

  • Wholesale Registration Form

    A wholesale registration form is a signup form that vets new B2B buyers before they get wholesale access.

  • Win-Back Campaign

    A win-back campaign is a series of messages aimed at customers who have stopped buying.

  • Wishlist Conversion Rate

    Wishlist conversion rate is the percentage of wishlisted items that shoppers eventually buy.

  • Wishlist Remarketing

    Wishlist Remarketing is the practice of marketing back to shoppers based on the items they saved.

  • Wishlist Sharing

    Wishlist sharing lets a shopper send their saved list of products to other people.

X

  • X-Sell

    X-Sell is industry shorthand for cross-selling.

  • XaaS (Everything-as-a-Service)

    XaaS stands for "Everything-as-a-Service" (sometimes "Anything-as-a-Service").

  • Xero Integration

    Xero integration connects your WooCommerce store to Xero, a cloud accounting platform, so sales data flows over automatically.

  • XML (eXtensible Markup Language)

    XML stands for eXtensible Markup Language.

  • XML Product Feed

    An XML product feed is a digital file that automatically shares your store’s inventory with advertising platforms like Google Shopping and Facebook.

  • XML Sitemap

    An XML sitemap is a simple file that lists the important pages on your store.

  • XML-RPC

    XML-RPC is an older WordPress protocol that lets outside apps control your site remotely.

Y

  • Year-End Sale

    A year-end sale is a promotion you run in the closing weeks of the year.

  • Year-over-Year (YoY) Growth

    Year-over-year growth, or YoY growth, measures how a business metric changes compared to the same period one year earlier.

  • Yearly Subscription Discount

    A yearly subscription discount is a pricing strategy where a store offers a lower overall price to customers who pay for a full twelve months of service or products upfront.

  • Yelp Reviews

    Yelp reviews are the star ratings and written feedback that customers post about a business on Yelp.

  • Yield Management

    Yield management is a pricing strategy that adjusts prices based on demand, timing, and remaining stock.

  • Yield Rate

    Yield rate is the percentage of a starting quantity that ends up usable and sellable.

  • YMYL (Your Money or Your Life)

    YMYL stands for "Your Money or Your Life." It is a Google concept for pages that can affect a person's health, finances, safety, or big life choices.

  • YouTube Live Shopping

    YouTube live shopping is selling products during a live YouTube stream.

  • YouTube Shopping

    YouTube Shopping is a set of tools for selling on YouTube.

Z

  • Z-Pattern Layout

    A Z-pattern layout arranges page elements so a visitor's eye travels in the shape of a Z.

  • Zapier Integration

    A Zapier integration connects your online store to Zapier, a no-code automation tool.

  • Zeigarnik Effect

    The Zeigarnik Effect is a psychological rule that says people remember unfinished tasks much better than completed ones.

  • Zero Moment of Truth (ZMOT)

    The Zero Moment of Truth (ZMOT) is the moment a shopper researches a product online before deciding to buy.

  • Zero Price Effect

    The Zero Price Effect is a psychological principle where pricing an item at exactly zero creates a massive, irrational spike in consumer demand.

  • Zero-Click Commerce

    Zero-click commerce is a digital shopping setup where a customer buys a product directly through an AI chatbot, a voice assistant, or a social media feed without ever visiting your actual website.

  • Zero-Click Search

    A zero-click search is a search that gets answered right on the results page.

  • Zero-Party Data

    Zero-party data is information your customers choose to share with you on purpose.

  • Zero-Sum Bias

    Zero-sum bias is the habit of assuming one person's gain must be someone else's loss.

  • Zero-Waste Packaging

    Zero-waste packaging means packing orders so that nothing ends up in landfill.

  • Zonal Pricing

    Zonal pricing means charging different prices or shipping rates depending on which geographic zone a customer sits in.