AcronymMeaningWhat It Means for You
ARRAnnual Recurring RevenueTotal sales figures for twelve months of subscriptions.
B2BBusiness-To-BusinessYou sell to other businesses.
B2CBusiness-To-ConsumerYou sell to everyday customers.
CACCustomer Acquisition CostHow much it costs to get a new customer.
CPACost Per AcquisitionWhat you pay to get one sale or lead from ads.
CPCCost Per ClickCost each time someone clicks your ad.
CPMCost Per Mil (Thousand)What you pay to show your ad 1,000 times (impressions).
CRMCustomer Relationship ManagementA system to track and manage your customers & contacts.
CTACall To ActionA prompt like “Buy Now” that encourages to take action.
CTRClick Through RateThe % of people who saw your ad or link and clicked it.
DTCDirect To ConsumerYou sell straight to customers without going through stores, middle-men, resellers, or third parties.
KPIKey Performance IndicatorA key number that shows how well your business or campaign is doing. In short, any “metric” that’s important.
MRRMonthly Recurring RevenueTotal sales figures for one month of subscriptions.
PPCPay Per ClickYou only pay for ads when someone clicks on them.
ROASReturn On Ad SpendHow much you earn for every dollar spent on advertising.
ROIReturn On InvestmentThe profit you get compared to what you spent.
SEMSearch Engine MarketingTrying to show up in Google or other search engines. Usually the term SEM implies a paid strategy, such as Pay Per Click ads.
SEOSearch Engine OptimizationMaking your website show up higher in search results—without paying for ads.
TAMTotal Available MarketThe total number of people who could buy what you offer.