Essential Internet Marketing Acronyms Explained
by Azam Corry
[Bold entries added by Andrea.]
If you're new to Internet marketing, the many acronyms and abbreviations often used in discussions on the subject can be confusing. To help
you get up to speed quickly, here are the meanings of the most important:
ASCII - American Standard Code for Information Interchange - A universally recognized set of digital codes that represent each of the letters,
punctuation marks, and other symbols you can type on your computer. What people usually mean by "plain text."
ASP - Application Service Provider - Company that offers access to software applications and related services over a network or the
Internet.
B2B - Business to Business - Refers to trade between businesses rather than between businesses and consumers
B2C - Business to Consumer - Refers to businesses selling products or services to end-user consumers.
CGI - Common Gateway Interface - A way web servers pass information to and from application programs (to process forms for example). CGI
programs or "scripts" can be written in several programming languages, including C, C++, Java and Perl.
CMS - Customer Management System - A way for a Web site owner to add content to their site themselves, without hiring a Web
designer. Some common options are: XSite Pro, Site Build It!, Joomla (you
will need a Web designer/developer to implement Joomla), Macromedia Contribute® (your Web designer needs to set this up for you via
Dreamweaver®).
CPA - Cost Per Action - Cost to an advertiser for each visitor that takes a specific action in response to an ad, such as subscribing to an
ezine, requesting a free trial, or making a purchase. Also used to describe advertising employing this model.
CPC - Cost Per Click - Cost to an advertiser for each click on a promotional link by a site visitor or newsletter reader. Also used to
describe advertising employing this model.
CPL - Cost Per Lead - Advertising expenditure required to obtain each new sales lead.
CPM - Cost Per Thousand - The amount charged per thousand impressions (showings) of an ad ("M" is the Roman numeral for 1000). Whilst websites
sell ad impressions in blocks of 1000, with newsletters the number of subscribers determines the final price. Also used to describe advertising
employing this model.
CPS - Cost Per Sale - Advertising expenditure divided by sales generated to determine the cost to make each sale; or the commission payable
for each sale generated by an affiliate.
CR - Conversion Rate/ Ratio - The percentage of respondents to an ad, or readers of a sales message that complete the action desired (usually
making a purchase, but can also be subscribing to a newsletter, for example).
CRM - Customer Relationship Management - Improving interaction with customers through better understanding, with the aim of increasing
customer satisfaction and loyalty (thus increasing profits).
CSS - Cascading Style Sheets - Used to globally define how elements in a Web page are displayed instead of relying on HTML code in the page.
Makes designs more flexible and reduces HTML file sizes.
CTR - Click-Through Rate/ Ratio - The percentage of website visitors or newsletter readers who click on a particular link. Used to measure
response to ads or sales messages.
FAQ - Frequently Asked Questions - Often used as the title of a page on websites that answers commonly asked questions about a product or
service.
FFA - Free-For-All Links - Web pages that allow anyone to add a link back to their own website, usually in exchange for accepting promotional
messages from the FFA page owner.
IM - Instant Messaging - Application that allows users to instantly message each other via the Internet (cell
phones use SMS to communicate via text messaging).
IM - Internet Marketing - IM is a form of Direct Marketing. It leverages the marketing aspects of the Internet to advertise
products or services.
OTO - One Time Offer - Marketers use this term for a restricted one-time offer. It is often used in sales
letters to encourage the prospect to buy now or miss out on the offer!
PFI - Pay For Inclusion - Paying to have web pages included in a search engine's database and regularly updated.
PLR - Private Label Rights - A common trend in Internet marketing, you buy a product that you're expected to modify to
give it your own stamp or flavour, and thereby turn it into your own product. You then resell the resulting product. Articles are the most
popular PLR product. They can be published on your Web site and in article directories, or turned into ebooks, reports, videos, newsletters,
autoresponder series, tip sheets, etc.
PPA - Pay-Per-Action - Affiliate commissions where a set amount is paid for generating a specific action, such as taking a free trial or
subscribing to an ezine. PPL, PPC and PPS are usually considered as PPA.
PPI - Pay Per Impression - Where an advertiser pays for each display (impression) of their advertisement (usually a banner).
PPL - Pay-Per-Lead - Where a commission is paid for each sales lead generated by an affiliate. A "lead" is usually defined as somebody who
signs up for a free trial, or requests further information, etc.
PPC - Pay Per Click - Ad sales or affiliate commissions where a set amount is paid for each click on a promotional link by a consumer.
PPCSE - Pay Per Click Search Engine - A search engine where the results are composed of advertisers who pay a fee for each click on their
listing. Using a bidding system, the advertiser willing to pay the most is ranked highest.
PPS - Pay-Per-Sale - Where a commission is paid for each sale generated by an affiliate. The commission is usually a percentage of the sale,
although sometimes it's a fixed amount.
ROI - Return on investment - How much profit is made after advertising and other costs have been subtracted. A measure of how successful a
marketing campaign is in terms of the returns on money spent.
RON - Run of Network - Where ads (usually CPM banners) are shown (rotated) across the pages of the entire network of sites owned by a company,
or controlled by a particular advertising network. Cheaper than only having the ad appear on selected sites.
ROS - Run of Site - Where ads are rotated across the pages of a single site. Cheaper than only having the ad appear on selected pages.
SE - Search Engine - A searchable database of pages on the Web. Different from an Index (like Yahoo) in that pages are not reviewed by a human
editor before inclusion.
SEM - Search Engine Marketing - Similar to SEO (below), and sometimes used to emphasize that generating quality targeted traffic is of greater
importance than simply obtaining high rankings. Can also include PPCSEs and other search engine advertising.
SEO - Search Engine Optimization - The process of optimizing web pages to achieve high rankings in the search results of a search engine, in
order to attract more visitors.
SEP - Search Engine Positioning - Getting your page listed on the search engine results page. Similar to SEO.
SERP - Search Engine Results Page - The page of listings displayed upon completion of a search at a search engine.
SMS - Short Message Service - SMS is a feature available with practically all modern mobile phones that
allows users to send and receive short text messages.
SSI - Server Side Include - A way for a web server to include variable values and information from an external source into a web page as it is
requested by the browser. Uses include automatic display of data like the Last Modified date of the page, or storing common page elements in
their own files, enabling site-wide updates by modifying a single file.
WSO - Warrior Special Offer - Members of the long-standing, well-repected Warrior
Forum offer special deals for members.
USP - Unique Selling Proposition - The reason why somebody should buy from you and not your competition. The unique benefits that your
products or services offer consumers. What it is that makes you special, different.
UV - Unique Visitor - One individual visitor to a Web site. If one person visits several pages on the same site it is still
one unique visitor (UV).
XSP - XSitePro - Unique software application that allows the Web owner to build and
maintain their own Web sites. Has remarkable built-in Search Engine Optimization (SEO).
I suggest you print this article out and keep it somewhere handy. Refer to it whenever you're not quite sure what something stands for, and
before you know it you'll be an old hand!
© 2003 Azam Corry "Do it Better. Do it Faster. Do it Right!"
Online since 1998, Azam Corry Helps Newbies Develop a Winning Web Marketing Strategy with Great Free Guides, Tools and Resources. Also Discover Resale Rights eBooks & Resell Kits That Make Money Fast!
==> Special from Azam: Subscribe now to my Biz Bits Marketing eZine & get the Net's most Comprehensive ecourse PLUS real-value ebooks completely FREE!
|