The Store Owner’s
Glossary
A–Z of the ecommerce terms every store owner should know.

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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.
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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.
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Abandoned Wishlist Recovery
Abandoned wishlist recovery is the practice of nudging shoppers back to a wishlisted product they haven't bought yet.
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Add-to-Cart Rate
Add-to-Cart Rate is the share of visits where a shopper adds at least one item to their cart.
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Add-to-Wishlist Rate
Add-to-wishlist rate is the share of store visitors who save at least one product to a wishlist.
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Agentic Commerce
Agentic Commerce is online shopping where an AI agent acts for the shopper.
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AI Hallucination
An AI hallucination happens when an AI tool states false or made-up information as if it were true.
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AI Overviews
AI Overviews are Google's AI-generated answer summaries that appear at the top of many search results.
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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.
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Anchor Text
Anchor text is the visible, clickable words in a hyperlink.
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Anchoring Effect
The anchoring effect is a cognitive bias where the first number we see shapes the numbers we estimate after it.
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Anonymous Wishlist
An Anonymous Wishlist lets a shopper save products without creating an account or sharing personal details.
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Answer Engine Optimization
Answer Engine Optimization (AEO) is the practice of shaping your content to become the direct answer a shopper sees.
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Attribution Model
An attribution model is the rule that decides which marketing touchpoints get credit for a sale.
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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.
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Authority Principle (Cialdini)
The Authority Principle is one of Robert Cialdini's seven principles of persuasion.
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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.
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Availability Heuristic
The availability heuristic is a mental shortcut.
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Average Order Value
Average Order Value is one of the most important numbers you can track for your online store.
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Average Revenue Per User (ARPU)
Average revenue per user (ARPU) stands for average revenue per user.
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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.
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Baby Registry
A Baby Registry is a list of products expecting parents want for their new baby.
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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.
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Backlink
A backlink is a link on another website that points to your website.
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Backorder
A backorder is an order placed for a product that is currently out of stock but will ship once it returns.
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Bandwagon Effect
The bandwagon effect is a psychological bias where people want something more once they see others choosing it.
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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.
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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.
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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.
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Bounce Rate
Bounce rate is the percentage of visitors who land on your site and leave without engaging.
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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.
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Breadcrumb Navigation
Breadcrumb navigation is the small trail of links near the top of a page.
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Break-Even Point
The break-even point is the level of sales where your revenue exactly covers your costs.
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Browse Abandonment
Browse Abandonment is when a shopper looks at products on your store, then leaves without adding anything to their cart.
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Bulk Discount
A bulk discount is a price cut a shopper earns by buying more units at once.
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Buy Now, Pay Later (BNPL)
Buy now, pay later, or BNPL, lets a customer split a purchase into smaller payments over time.
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Call to Action (CTA)
A call to action (CTA) is the prompt that tells a visitor exactly what to do next.
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Canonical Tag
A canonical tag is a small piece of code that tells search engines which version of a page is the "main" one.
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Cart Abandonment
Shopping cart abandonment, or simply cart abandonment, is when a shopper adds products to their online cart, then leaves without buying.
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Cart Abandonment Discount
A cart abandonment discount is a special offer sent to shoppers who left items in their cart.
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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.
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Chargeback
A chargeback is a forced reversal of a card payment, started by the buyer's bank rather than the store.
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Charm Pricing
Charm pricing is the practice of ending a price with a 9, 99, or 95 instead of a round number.
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Chatbot
A chatbot is software that holds a conversation with a shopper in plain language.
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ChatGPT Shopping
ChatGPT shopping is product discovery that happens inside a conversation instead of a search results page.
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Churn Rate
Churn Rate is the percentage of customers who stop buying from you over a set period.
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Click-Through Rate (CTR)
Click-through rate (CTR) measures how often people click a link after they see it.
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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.
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Cohort Analysis
Cohort Analysis is a way to group customers by when they first bought from you.
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Commitment & Consistency (Foot-in-the-Door)
Commitment & Consistency is one of Robert Cialdini's core principles of persuasion.
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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.
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Confirmation Bias
Confirmation bias is our habit of noticing evidence that supports what we already believe, while quietly discounting evidence that doesn't.
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Contribution Margin
Contribution margin is the money left from a sale after you subtract the variable costs of making that sale.
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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.
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Conversion Funnel
A conversion funnel is the staged path a shopper takes from finding your store to buying.
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Conversion Rate
Conversion rate is the percentage of visitors who take an action you want, like making a purchase.
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Conversion Rate Optimization (CRO)
Conversion Rate Optimization (CRO) is the practice of getting more of your existing visitors to take action.
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Cookie Consent
Cookie consent is the permission a visitor gives before your site stores or reads non-essential cookies.
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Core Web Vitals
Core Web Vitals are three metrics Google uses to measure a page's real-world experience.
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Cost of Goods Sold (COGS)
Cost of Goods Sold (COGS) is the direct cost of making or buying the products your store sells.
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Coupon Abuse
Coupon abuse is the use of a discount code in ways you never intended.
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Coupon Expiration Date
A coupon expiration date is the point at which a discount code stops working.
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Coupon Usage Limit
A coupon usage limit caps how many times a discount code can be redeemed.
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Crawl Budget
Crawl Budget is how many pages a search engine will crawl on your site in a given window.
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Credit Limit
A credit limit is the maximum a trade customer is allowed to owe you at any one moment.
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Cross-Selling
Cross-selling is the practice of recommending extra products that go with what a shopper is already buying.
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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.
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Customer Acquisition Cost (CAC)
Customer Acquisition Cost (CAC) is the total amount you spend to win one new customer.
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Customer Intent
Customer intent is the specific goal driving a shopper's actions while they browse your online store.
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Customer Lifetime Value
Customer lifetime value (CLV or LTV) is the total revenue a single customer is expected to generate.
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Days Sales of Inventory (DSI)
Days sales of inventory tells you how many days your stock sits on the shelf before it sells.
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Dead Stock
Dead stock is inventory that has stopped selling and is unlikely to sell at full price.
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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.
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Decoy Effect
The decoy effect is a quirk in how people pick between choices.
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Decoy Pricing
Decoy pricing adds a strategically bad third option to make one of your other options look like the winner.
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Digital Wallet
A digital wallet is an app or service that stores a shopper's payment cards for fast, secure checkout.
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Direct-to-Consumer (DTC)
Direct-to-consumer (DTC) is a business model where a brand sells straight to shoppers.
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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.
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Domain Rating
Domain Rating (DR) is a score from Ahrefs.
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Double Opt-In
Double opt-in is a signup method where a new subscriber must confirm their email before joining your list.
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Drip Campaign
A drip campaign is a series of automated emails sent on a schedule or triggered by a customer's actions.
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Dropshipping
Dropshipping is a retail model where you sell products without keeping any stock.
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Duplicate Content
Duplicate content is identical or nearly identical text that lives on more than one web address.
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Dynamic Coupon
A dynamic coupon is a unique discount code created automatically for one specific shopper.
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Dynamic Pricing
Dynamic pricing is an automated strategy where your store's product prices change in real-time based on shifting market conditions.
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E-E-A-T
E-E-A-T stands for Experience, Expertise, Authoritativeness, and Trustworthiness.
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Economic Order Quantity (EOQ)
Economic order quantity (EOQ) is the order size that makes your total inventory cost as low as possible.
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Email Deliverability
Email deliverability is whether your emails actually reach the inbox instead of landing in spam, getting blocked, or bouncing.
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Email Segmentation
Email segmentation is the practice of splitting your email list into smaller groups that share a trait.
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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.
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Endowment Effect
The endowment effect is a behavioral economics principle: people value things more once they feel they own them.
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Entity SEO
Entity SEO is the practice of optimizing your brand around entities: people, places, products, and concepts, plus the relationships between them.
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Escrow
Escrow is holding a buyer's payment until the seller has delivered what was promised.
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Evergreen Content
Evergreen content is content that stays useful long after it was published.
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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.
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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.
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Faceted Navigation
Faceted navigation is the set of filters on a category page that let shoppers narrow results by attribute.
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FAQ Schema
FAQ Schema is a type of structured data that labels a list of questions and their answers.
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Favorite Button
A favorite button, or heart button, is the small heart icon that lets a shopper save a product with one tap.
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Featured Snippet
A featured snippet is the boxed answer that appears at the very top of Google's results.
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Feed Mapping
Feed mapping is telling a sales channel which of your product fields corresponds to each of theirs.
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Feed Optimization
Feed optimization is the ongoing work of cleaning and improving the product data inside your shopping feed.
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Fine-Tuning
Fine-tuning is the process of taking a general-purpose AI model and training it further on your own examples.
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First-Order Discount
A first-order discount is a deal offered only to brand-new customers on their first purchase.
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First-Party Data
First-party data is the customer information your store collects directly from your own shoppers.
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Flash Sale
A flash sale is a short, deep discount that runs for a limited time, often just hours.
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Flat-Rate Shipping
Flat-rate shipping is a single, fixed delivery fee that stays the same no matter what the customer orders.
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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.
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Framing Effect
The framing effect is a bias where the way you present information changes how people decide.
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Free Gift With Purchase
A free gift with purchase adds a complimentary item to an order once the shopper meets a condition.
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Free Shipping Threshold
A free shipping threshold is a minimum spending target your customers must hit to get their order delivered for free.
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Frictionless Checkout
Frictionless checkout is a payment flow that removes every unnecessary step between a shopper deciding to buy and actually buying.
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Generative Engine Optimization
Generative Engine Optimization (GEO) is the practice of shaping your content so AI answer tools mention and cite your brand.
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Geo-Based Pricing
Geo-based pricing is the practice of charging different prices based on a shopper's location.
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Gift Card
A gift card is a prepaid card or digital code that holds a set dollar amount for spending at a specific store.
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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.
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Goal Gradient Effect
The goal gradient effect is a behavioral economics principle.
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Google Merchant Center
Google Merchant Center is a free Google tool where online stores upload their product data.
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Gross Margin
Gross margin is the share of sales revenue left after you subtract the direct cost of your products.
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Gross Merchandise Value (GMV)
Gross merchandise value (GMV) is the total sales value of everything sold through a marketplace over a set period.
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Group Gifting
Group gifting is when several people chip in money to buy one gift together.
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Group Pricing
Group pricing is an automated e-commerce strategy that shows different prices to different types of customers on the exact same website.
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GTIN (Global Trade Item Number)
A GTIN (Global Trade Item Number) is the unique number that identifies a product anywhere in the world.
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Guest Checkout
Guest checkout lets a shopper buy without creating an account or password.
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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.
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Halo Effect
The halo effect is a mental shortcut where one good impression colors how people judge everything else.
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Handling Fee
A handling fee is a charge covering the work of preparing an order, separate from the cost of shipping it.
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Headless Commerce
Headless commerce means splitting your storefront away from the engine that runs it.
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Heatmap
A heatmap is a color-coded picture of how visitors behave on a web page.
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Hero Product
A hero product is the one item in your catalogue that carries the business.
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Hick’s Law
Hick's Law says the time someone needs to make a decision grows with the number of options they face.
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Hidden Pricing
Hidden pricing is an advanced online storefront setup that purposely hides product costs from everyday shoppers or unverified visitors.
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High-Volume Discounting
High-volume discounting is a pricing strategy that lowers the per-unit cost as a buyer's order size grows.
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Holiday Wishlist Curation
What is holiday wishlist curation?
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Hreflang
Hreflang is an HTML attribute that tells search engines which language and regional version of a page to show each visitor.
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IKEA Effect
The IKEA Effect is a mental shortcut where people value things more when they help make them.
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Impression
An impression is one instance of your content, ad, or listing being shown to a person.
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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.
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Incoterms
Incoterms are standard three-letter codes that define who does what in an international shipment.
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Indexability
Indexability is whether a search engine is allowed and able to store your page in its index.
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Interchange Fee
An interchange fee is the slice of every card payment that goes to the bank that issued the customer's card.
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Internal Linking
Internal linking is the practice of connecting one page on your site to another page on the same site.
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Inventory Management
Inventory management is the practice of tracking and controlling your stock so you always know what you have.
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Inventory Shrinkage
Inventory shrinkage is the gap between the stock your records claim and the stock actually on your shelves.
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Inventory Turnover
Inventory turnover measures how many times your store sells and replaces its stock over a set period.
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JavaScript
JavaScript is the invisible engine that makes your online store interactive without forcing your web pages to constantly reload.
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JavaScript SEO
JavaScript SEO is the practice of making content built with JavaScript easy for search engines to crawl, render, and index.
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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.
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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.
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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.
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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.
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JSON Web Token (JWT)
A JSON Web Token (JWT) is a secure, self-contained digital pass that shares identity information between systems.
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JSON-LD (Structured Data)
JSON-LD (Structured Data) is a small block of code you add to a web page.
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Just-in-Time (JIT) Inventory
Just-in-Time (JIT) Inventory is a strategy where you order stock only when you need it.
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Key Account Management
Key account management is the practice of treating your most valuable customers as long-term relationships rather than repeat orders.
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Key Performance Indicator (KPI)
A key performance indicator (KPI) is a number you track because it shows progress toward a specific goal.
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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.
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Keyword Cannibalization
Keyword cannibalization happens when two or more pages on the same site compete for the same search intent.
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Keyword Difficulty
Keyword difficulty is a score estimating how hard it would be to rank on page one for a search term.
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Kitting
Kitting is the process of grouping several separate products into one ready-to-ship package with its own SKU.
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Know Your Customer (KYC)
Know Your Customer, usually shortened to KYC, is the process of verifying who you are actually doing business with.
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Knowledge Base
A knowledge base is a self-service help library for your online store.
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Knowledge Graph
A Knowledge Graph is a structured map of real-world things and how they connect.
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Landed Cost
Landed cost is the true, total price of getting a product to your door.
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Landing Page
A landing page is a standalone web page built for one goal.
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Large Language Model (LLM)
A large language model (LLM) is a type of artificial intelligence trained on huge amounts of text.
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Last-Mile Delivery
Last-mile delivery is the final step that brings a package from a local hub to the customer's door.
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Lead Magnet
A lead magnet is a free, valuable offer you give in exchange for a visitor's email address.
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Lead Time
Lead time is how long it takes from placing an order to having the goods ready to sell.
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Liking Principle (Cialdini)
The Liking Principle is one of Robert Cialdini's seven principles of persuasion.
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LLMs.txt
LLMs.txt is a simple text file you place at the root of your website to guide AI language models.
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Long-Tail Keyword
A long-tail keyword is a longer, more specific search phrase that fewer people use.
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Loss Aversion
Loss aversion is a behavioral economics principle.
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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.
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Loyalty Program
A loyalty program, or customer loyalty program, is a structured marketing system that rewards customers for repeat purchases or engagement.
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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.
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Marketplace Fee
A marketplace fee is what a platform charges to let vendors sell on it.
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Markup vs Margin
Markup vs margin is the difference between measuring profit against your cost and measuring it against your price.
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Merchant Account
A merchant account is a special type of bank account that lets your business accept credit and debit card payments.
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Mere Exposure Effect
The mere exposure effect is our tendency to like things more simply because we've encountered them before.
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Meta Description
A meta description is the short summary of a page that appears under its title in search results.
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Micro-Conversion
A micro-conversion is a small action a visitor takes on the way to buying.
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Minimum Advertised Price (MAP)
A minimum advertised price, or MAP, is the lowest price a supplier allows a retailer to advertise a product for.
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Minimum Order Quantity (MOQ)
A minimum order quantity (or MOQ) is the smallest amount a supplier will let you buy in one order.
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Multi-Vendor Marketplace
A multi-vendor marketplace is an online store where multiple independent sellers offer their products under one single website brand.
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Multichannel Selling
Multichannel selling is a retail method where a store owner sells products on several different platforms at the same time.
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Multiple Wishlists
Multiple wishlists let a single shopper create and name more than one saved list.
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Mutually Exclusive Discount
A mutually exclusive discount is a deal that can't be combined with any other promotion in the same cart.
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Natural Language Processing (NLP)
Natural Language Processing, usually shortened to NLP, is the field of computing that lets software work with human language.
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Negative Keyword
A negative keyword tells an ad platform which searches should never trigger your ad.
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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.
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Net Promoter Score (NPS)
Net Promoter Score (NPS) is a simple metric that measures customer loyalty.
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Net Revenue Retention
Net Revenue Retention (NRR) measures how much revenue you keep and grow from your existing customers over time.
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Net Sales
Net sales is what your store actually earned from selling things.
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Net Terms
Net terms let a business buyer receive goods now and pay later, within a set window.
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Niche Marketplace
A niche marketplace is a highly specialized online platform that connects buyers and sellers within a tightly focused industry or product category.
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No-Follow Link
A no-follow link is a standard web link with a tiny piece of invisible code added to it.
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Nudge Theory
Nudge theory is the idea that small changes to how choices are presented can shift behaviour, without removing any options.
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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.
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One-Click Checkout
One-click checkout lets a returning buyer complete a purchase with a single tap.
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Online Sales Channel
An online sales channel is a digital platform where a business sells its products directly to internet shoppers.
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Online Wholesale
Online wholesale is the digital version of traditional business-to-business (B2B) commerce.
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Open Rate
Open rate is the percentage of delivered emails that recipients actually open.
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Order Bump
An order bump is a small add-on offer shown during checkout, usually as a single tickbox.
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Order Export
Order export is the process of pulling your store's order data out of WooCommerce and into a file.
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Order Fulfillment
Order fulfillment is everything that happens after a customer clicks the buy button.
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Organic Traffic
Organic traffic is the stream of visitors who reach your store through unpaid search results.
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Out-of-Stock Rate
Out-of-stock rate measures how often shoppers find a product unavailable when they want to buy it.
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Paradox of Choice
The paradox of choice is when too many options make people decide worse, or not at all.
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Payback Period
Payback period is the time it takes to earn back the cost of acquiring a customer.
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Payment Gateway
A payment gateway is the service that securely handles online card payments between your store, the customer, and the banks.
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Payment Processor
A payment processor is the company that routes a card transaction between your customer's bank, the card networks, and your account.
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PCI Compliance
PCI compliance means following a set of security rules for handling payment card data safely.
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Peak-End Rule
The Peak-End Rule is a behavioral science principle from psychologist Daniel Kahneman.
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Penetration Pricing
Penetration pricing is a strategy where you launch a product at a low price to win customers fast.
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Persistent Wishlist
A Persistent Wishlist keeps a shopper’s saved items in place across visits, devices, and time.
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Pre-Order
A pre-order lets customers buy a product before it is officially released.
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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.
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Price Skimming
Price skimming is a strategy where you launch a product at a high price, then lower it over time.
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Priming
Priming is when exposure to one thing quietly changes how you react to the next thing.
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Print on Demand
Print on demand is a fulfillment model where products are only made after a customer orders them.
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Private Label
Private label is a retail model where you sell products made by a third-party manufacturer under your own brand name.
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Private Wishlist
A private wishlist is a saved list of products that only the shopper can see.
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Product Approval Workflow
A product approval workflow is the review process a marketplace uses before a vendor's product goes live.
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Product Bundling
Product bundling is an ecommerce strategy where you group multiple distinct products together.
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Product Catalog
A product catalog is the complete, organized record of everything your store sells.
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Product Data Feed
A product data feed, or product feed, is a digital file that contains a detailed list of the items you sell.
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Product Schema
Product schema is structured data that describes a product to search engines and AI in a language they understand.
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Product Wishlist
A product wishlist, or ecommerce wishlist, is a personalized digital space where shoppers can save products they like.
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Prompt Engineering
Prompt engineering is the practice of writing clear instructions that get an AI tool to produce the output you want.
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Psychological Pricing
Psychological pricing is the practice of setting prices to trigger emotional shortcuts rather than rational math.
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Public Wishlist
A public wishlist is a saved list of products that anyone with a link can view and shop from.
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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.
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Purchase Order
A purchase order (or PO) is a document a buyer sends a seller to officially request goods or services.
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QR Code Shopping
QR code shopping is the use of scannable, two-dimensional barcodes to connect physical items directly to online checkout pages.
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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.
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Quality Score
Quality Score is a Google Ads diagnostic.
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Quantity On Hand (QOH)
Quantity on Hand (QOH) is the exact, physical number of finished goods sitting on your warehouse shelves right now.
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Quantity-Based Pricing
Quantity-based pricing is a simple strategy where the price of an item changes based on how many you buy.
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Queue Management
Queue management is a digital waiting room that protects your online store from crashing during massive traffic spikes.
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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.
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Quick View
A quick view is a preview window that opens on top of a product list.
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Quote-to-Cash
Quote-to-cash is the whole business process that runs from quoting a customer to collecting their payment.
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Real-Time Shipping Rates
Real-time shipping rates are delivery prices pulled live from the carrier at the moment of checkout.
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Reciprocity Principle
The reciprocity principle is the human pull to return favors.
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Recommendation Engine
A recommendation engine is software that decides which products to show a shopper next.
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Redemption Rate
Redemption rate is the share of issued coupons that shoppers actually use.
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Referral Program
A referral program is a system that rewards your current customers for bringing you new ones.
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Refund Rate
Refund Rate is the share of your sales revenue that you pay back to customers as refunds.
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Reorder Point
A reorder point is the stock level that tells you it is time to order more.
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Repeat Purchase Rate
Repeat Purchase Rate (RPR) is the share of your customers who buy from you more than once.
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Request For Quote (RFQ)
A Request for Quote (RFQ) is a digital tool that changes how people buy from your online store.
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Retargeting
Retargeting is advertising aimed at people who have already visited your store.
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Retrieval-Augmented Generation (RAG)
Retrieval-Augmented Generation (RAG) is a way for an AI model to look up outside information before it answers.
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Return on Investment (ROI)
Return on investment (ROI) measures how much profit you earn against what you spent.
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Returns Management (RMA)
Returns management is the full process of handling products that customers send back.
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Rich Snippet
A rich snippet (also called a rich result) is a normal search listing that Google enhances with extra visual details.
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ROAS (Return on Ad Spend)
Return on ad spend, or ROAS, measures how much revenue you earn for every dollar spent on ads.
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Robots.txt
Robots.txt is a simple text file that lives at the root of your website.
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Role-Based Pricing
Role-based pricing shows different prices to different customers based on the account role they are assigned.
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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.
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Safety Stock
Safety stock is the extra inventory you hold as a buffer against surprises.
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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.
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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.
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Scarcity Principle
The scarcity principle is the rule that people want things more when supply feels limited.
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Scheduled Discount
A scheduled discount is a price cut you set to start and end automatically.
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Scheduled Export
A scheduled export is an automated data export that runs on a set timetable instead of by hand.
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Search Intent
Search intent is the real goal behind a person's search query.
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Sell-Through Rate
Sell-through rate is the percentage of your stock that sells within a set period.
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Semantic Search
Semantic search lets search engines and AI tools understand what a shopper means.
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Sender Reputation
Sender reputation is the trust score mailbox providers give your sending domain and IP address.
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SERP
A SERP (Search Engine Results Page) is the page Google or Bing shows you after you type a query.
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Session Stitching
Session stitching is a technique that links a customer's separate browsing sessions into one unified journey.
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Share of Voice
Share of voice (SOV) measures how much of the total conversation in your market belongs to your brand.
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Shipping Zone
A shipping zone is a geographic region you define in your store, each with its own shipping methods and rates.
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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.
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Social Commerce
Social commerce is buying and selling products directly inside social media apps.
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Social Proof
Social proof is a psychology principle: people copy what others do when they aren't sure what to choose.
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Social Wishlist
A social wishlist is a saved product list built to be seen, not hidden.
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Split Payment
A split payment divides one customer payment among several parties at checkout.
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Stackable Coupon
A stackable coupon is an e-commerce feature that lets shoppers use more than one discount code on a single purchase.
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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.
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Startup J-Curve
The startup J-curve is a visual timeline that shows why new businesses almost always lose money before they become profitable.
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Store Credit
Store credit is a balance you attach to a customer's account that they can spend with you later.
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Store Migration
Store migration is the process of moving your online store's data from one platform or store to another.
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Subscription Box
A subscription box is a package of products a store ships to customers on a repeating schedule.
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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.
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Sunk Cost Fallacy
The sunk cost fallacy is our habit of sticking with something because of what we already spent on it.
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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.
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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.
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Tax Exemption
A tax exemption lets a qualified buyer purchase goods without paying sales tax.
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Third-Party Logistics (3PL)
A third-party logistics provider, or 3PL, is a company that stores, packs, and ships your orders for you.
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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.
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Tiered Discount
A tiered discount is a pricing strategy that rewards customers with bigger savings as they spend or buy more.
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Title Tag
A title tag is the HTML element that sets a web page's title.
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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.
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Topic Cluster (Pillar Page)
A topic cluster is a group of related web pages built around one central subject.
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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.
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Trade Pricing
Trade pricing is the discounted price you charge business buyers instead of the general public.
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Transactional Email
A transactional email is an automated message sent to one person after they take a specific action.
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Trust Badge
A trust badge is a digital symbol displayed on your online store to prove your business is safe, real, and secure.
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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.
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Unit Economics
Unit economics is the profit math for a single sale or a single customer.
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Unity Principle (Cialdini)
The Unity Principle is the seventh of Robert Cialdini's persuasion principles.
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Universal Product Code (UPC)
A Universal Product Code (UPC) is the 12-digit barcode printed on most retail products.
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Unsubscribe Rate
Unsubscribe Rate is the percentage of people who opt out of your email list after receiving a message.
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Upselling
Upselling is a sales tactic where you guide a shopper toward a higher-priced version of the product they're already considering.
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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.
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Usage-Based Billing
Usage-based billing is a pricing model where customers pay for what they actually use, not a flat monthly fee.
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User-Generated Content (UGC)
User-generated content (UGC) is any photo, video, or written review created by your actual customers instead of your brand.
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UTM Parameters
UTM parameters are short tags you add to the end of a link.
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Variable Product
A variable product is an item listing in your online store that lets buyers choose between different options.
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Vector Database
A vector database is a database built to store and search numerical representations of meaning instead of exact text.
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Vector Embedding
A vector embedding is a list of numbers that captures the meaning of a word, product, or image.
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Vendor Commission
A vendor commission is the cut a marketplace takes from each sale a seller makes on its platform.
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Vendor Dashboard
A vendor dashboard is the private control panel each seller uses on a multi-vendor marketplace.
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Vendor Onboarding
Vendor onboarding is how a marketplace guides a new seller from sign-up to their first live sale.
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Vendor Payout
A vendor payout is the money a marketplace pays a seller for the sales they make.
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Vendor Storefront
A vendor storefront is a seller's own branded mini-shop inside a larger marketplace.
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Vendor Verification
Vendor verification is how a marketplace checks that a seller is legitimate before approval.
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Volume Pricing
Volume pricing is a simple discount strategy where the cost of a single item drops as a customer buys more of it.
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Webhook
A webhook is an automated message your store sends to another app the moment something happens.
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Wedding Registry
A Wedding Registry is a curated list of gifts a couple wants for their wedding.
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Welcome Series
A welcome series is an automated set of emails sent to a new subscriber or customer right after they sign up.
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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.
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Wholesale Customer
A wholesale customer is a business buyer who purchases your products in large volumes at heavily discounted prices.
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Wholesale Order Form
A wholesale order form is a single searchable table that lets a trade buyer order your whole catalog at once.
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Wholesale Pricing
A wholesale pricing strategy sets the bulk rate you charge retailers who buy your products to resell.
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Wholesale Registration Form
A wholesale registration form is a signup form that vets new B2B buyers before they get wholesale access.
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Win-Back Campaign
A win-back campaign is a series of messages aimed at customers who have stopped buying.
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Wishlist Conversion Rate
Wishlist conversion rate is the percentage of wishlisted items that shoppers eventually buy.
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Wishlist Remarketing
Wishlist Remarketing is the practice of marketing back to shoppers based on the items they saved.
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Wishlist Sharing
Wishlist sharing lets a shopper send their saved list of products to other people.
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X-Sell
X-Sell is industry shorthand for cross-selling.
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XaaS (Everything-as-a-Service)
XaaS stands for "Everything-as-a-Service" (sometimes "Anything-as-a-Service").
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Xero Integration
Xero integration connects your WooCommerce store to Xero, a cloud accounting platform, so sales data flows over automatically.
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XML (eXtensible Markup Language)
XML stands for eXtensible Markup Language.
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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.
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XML Sitemap
An XML sitemap is a simple file that lists the important pages on your store.
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XML-RPC
XML-RPC is an older WordPress protocol that lets outside apps control your site remotely.
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Year-End Sale
A year-end sale is a promotion you run in the closing weeks of the year.
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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.
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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.
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Yelp Reviews
Yelp reviews are the star ratings and written feedback that customers post about a business on Yelp.
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Yield Management
Yield management is a pricing strategy that adjusts prices based on demand, timing, and remaining stock.
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Yield Rate
Yield rate is the percentage of a starting quantity that ends up usable and sellable.
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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.
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YouTube Live Shopping
YouTube live shopping is selling products during a live YouTube stream.
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YouTube Shopping
YouTube Shopping is a set of tools for selling on YouTube.
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Z-Pattern Layout
A Z-pattern layout arranges page elements so a visitor's eye travels in the shape of a Z.
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Zapier Integration
A Zapier integration connects your online store to Zapier, a no-code automation tool.
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Zeigarnik Effect
The Zeigarnik Effect is a psychological rule that says people remember unfinished tasks much better than completed ones.
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Zero Moment of Truth (ZMOT)
The Zero Moment of Truth (ZMOT) is the moment a shopper researches a product online before deciding to buy.
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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.
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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.
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Zero-Click Search
A zero-click search is a search that gets answered right on the results page.
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Zero-Party Data
Zero-party data is information your customers choose to share with you on purpose.
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Zero-Sum Bias
Zero-sum bias is the habit of assuming one person's gain must be someone else's loss.
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Zero-Waste Packaging
Zero-waste packaging means packing orders so that nothing ends up in landfill.
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Zonal Pricing
Zonal pricing means charging different prices or shipping rates depending on which geographic zone a customer sits in.