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Performance Marketing Keywords
Here are the performance marketing keywords with a brief definition for each:
- Cost Per Acquisition (CPA): The cost of acquiring a customer with the help of a specific action, like a purchase or sign-up.
- Return on Ad Spend (ROAS): The amount of the revenue generated through an ad campaign compared to the amount spent on that particular ad campaign.
- Cost Per Click (CPC): The amount paid for each click on an ad.
- Click-Through Rate (CTR): The percentage of people who click on an ad after seeing it.
- Conversion Rate: The percentage of visitors who take a desired action, like completing a purchase.
- Pay Per Click (PPC): An advertising practice where advertisers have to pay each time when a user clicks their ad creatives or copies.
- Lead Generation: The process of attracting interested customers to the business and capturing their information for follow-up.
- Customer Lifetime Value (CLV): It is the total revenue a customer can expect to generate over his relationship with a business.
- Affiliate Marketing: A performance-based marketing model where affiliates earn a commission for driving traffic or sales to a business.
- A/B Testing: A method of comparing two versions of a webpage or ad to determine which performs better.
- Retargeting: The practice of showing ads to users who have previously interacted with your brand.
- Funnel Optimization: Improving the customer journey from awareness to conversion to increase sales.
- Performance Tracking: Monitoring and analyzing the effectiveness of marketing campaigns.
- Ad Impressions: The number of times an ad is displayed to a user, regardless of whether itβs clicked.
- Remarketing: A form of advertising that targets users who have visited your site but didnβt convert.
- KPI (Key Performance Indicator): A measurable value that indicates how effectively a campaign is achieving its business goals.
- Ad Spend: The total amount of money invested in an advertising campaign.
- Traffic Quality: The value of visitors driven to a site based on their likelihood to convert.
- Landing Page Optimization: Improving a landing page to increase conversions by making it more relevant and user-friendly.
- Conversion Funnel: The steps a customer goes through before making a purchase or completing an action.