Cart-isms

Question 1

ECaaS

Answer 1

E-commerce as a Service

Question 2

SaaS

Answer 2

Software as a Service

Question 3

FaaS

Answer 3

Fulfillment as a Service

Question 4

MaaS

Answer 4

Marketing as a Service

Question 5

CSaaS

Answer 5

Customer Service as a Service

Question 6

MCM

Answer 6

Multi-Channel Marketing

Question 7

OMS

Answer 7

Order Management System

Question 8

WMS

Answer 8

Warehouse Management System

Question 9

CX

Answer 9

Customer Experience

Question 10

GMV

Answer 10

Gross Merchandise Value

Question 11

ROAS

Answer 11

Return on Ad Spend

Question 12

ROAS

Answer 12

Return on Ad Spend

Revenue ÷ Advertising Costs = ROAS

Question 13

TBH

Answer 13

To be hired

Question 14

AOV

Answer 14

Average Order Value

Question 15

AOV

Answer 15

Average Order Value

Revenue ÷ Number of Orders = AOV

Question 16

EOS

Answer 16

Entrepreneurial Operating System

Question 17

CVR

Answer 17

Conversion Rate

Question 18

CVR

Answer 18

Conversion Rate

Conversion Rate = Total number of conversions / Total number of sessions * 100
Conversion Rate = Total number of conversions / Total number of unique visitors * 100
Conversion Rate = Total number of conversions / Total number of leads * 100

Question 19

DABA

Answer 19

Dynamic Ads for Broad Audience (Facebook related)

Question 20

LIA

Answer 20

Local Inventory Ads

Question 21

ERP

Answer 21

Enterprise resource planning

Question 22

RTB

Answer 22

Real-time bidding

Question 23

LTV

Answer 23

Lifetime Value

Question 24

LTV

Answer 24

Lifetime Value

Lifetime Value = Avg Value of Sale x # of Transactions x Retention Time Period

Question 25

BI

Answer 25

Business Intelligence

Question 26

CAC

Answer 26

Customer acquisition cost

Question 27

RFP

Answer 27

Request for Proposal

Question 28

SOW

Answer 28

Statement of Work

Question 29

SME

Answer 29

Small & Medium Enterprise OR

Subject Matter Expert (context dependent)

Question 30

KPI

Answer 30

Key Performance Indicator

Question 31

AOR

Answer 31

Agency of Record

Question 32

eCRM

Answer 32

Electronic Customer Relationship Management

Question 33

CRO

Answer 33

Conversion Rate Optimization

Question 34

BDR

Answer 34

Business Development Representative

Question 35

TFN

Answer 35

Toll Free Number

Question 36

DSA

Answer 36

Dynamic Search Ads

Question 37

QBR

Answer 37

Quarterly Business Reviews

Question 38

TCV

Answer 38

Total contract Value

Question 39

MTD

Answer 39

Month-to-Date

Question 40

YMM

Answer 40

Year Make Model

Question 41

PDM

Answer 41

Product Management

Question 42

PDP

Answer 42

Product Detail Page

Question 43

PLP

Answer 43

Product List

Question 44

PCL

Answer 44

Product Category List

Question 45

CPLPV

Answer 45

Cost Per Landing Page View

Question 46

eCPC

Answer 46

Enhanced Cost Per Click

Question 47

tROAS

Answer 47

Targeted Return On Ad Spend

Question 48

ROAS

Answer 48

Return On Ad Spend

Question 49

CLTV

Answer 49

Customer Lifetime Value

Customer Lifetime Value = Lifetime Value x Profit Margin

Question 50

Average Purchase Value

Answer 50

Total Revenue / # of Purchases

Question 51

Average Purchase Value

Answer 51

Measures the average sales value of each sales transaction you process.

Total Revenue / # of Purchases

Question 52

Average Purchase Frequency Rate

Answer 52

The average number of transactions per customer per period.

of Purchases / Unique Customers

Question 53

Average Customer Lifespan

Answer 53

The average number of days between first order date and last order date of all of your customers

Customers Lifespan Total / # of Customers Used in Equation

Question 54

ETL

Answer 54

Extract, Track, Load