body { .page-wrapper { padding-top: 6rem; }
From A to Z: uncovering essential industry terms

Wholesale & E-commerce Glossary

Your essential guide to decoding the intricate language of wholesale and e-commerce. Dive in to demystify industry jargon and get ahead.

by letter

Navigate with the letters menu of the left or just scroll to the desire word. You can go further about a word by clicking on "Learn more". Enjoy!

A
AOV (Average Order Value)

Mean amount spent on a single purchase.

Learn more →
Abandoned Cart

Unfinished online shopping process.

Learn more →
Affiliate Marketing

Rewarding partners for traffic or sales generation.

Learn more →
API (Application Programming Interface)

Set of protocols for app interactions.

Learn more →
ARPU (Average Revenue Per User)

Average revenue generated from each active customer.

Learn more →
B
B2E (Business to Employee)

Services/products from businesses to employees.

Learn more →
B2M (Business to Manufacturer)

Businesses directly dealing with manufacturers.

Learn more →
Backorder

Order for an out-of-stock item, shipped once available.

Learn more →
Behavioral Targeting

Ads based on users' online behavior.

Learn more →
Bill of Materials (BOM)

Detailed list of raw materials, components.

Learn more →
C
CAC (Customer Acquisition Cost)

Cost to acquire a new customer through marketing/sales efforts.

Learn more →
Chatbot

Automated chat system for instant user interactions.

Learn more →
Churn Rate

Percentage of customers who stop using a service during a timeframe.

Learn more →
CLV (Customer Lifetime Value)

Predicted net profit from the entire future relationship with a customer.

Learn more →
CMS (Content Management System)

Software for digital content creation and management.

Learn more →
D
DAU (Daily Active Users)

Number of unique users on a platform daily.

Learn more →
Demand Forecasting

Predicting future product demand using historical data.

Learn more →
Direct Store Delivery (DSD)

Distributors deliver directly to retail stores.

Learn more →
Distribution Channel

Chain of intermediaries through which goods move.

Learn more →
Distributor

Entity that buys non-competing products to sell to retailers.

Learn more →
E
Elasticity of Demand

Measure of demand change due to price change.

Learn more →
ERP (Enterprise Resource Planning)

Software for comprehensive business management.

Learn more →
Ex Works (EXW)

Seller makes goods available at their premises.

Learn more →
F
FBA (Fulfillment by Amazon)

Amazon's storage & shipping service for businesses.

Learn more →
Flash Sales

Limited-time discounts to increase immediate sales.

Learn more →
Friction

Anything hindering a user from achieving their goal.

Learn more →
Fulfillment Center

Warehouse for processing and shipping orders.

Learn more →
G
Gamification

Applying game elements in non-game contexts.

Learn more →
Geofencing

Using GPS to set virtual boundaries triggering mobile alerts.

Learn more →
Growth Hacking

Strategy focused on growth, often digital.

Learn more →
H
Headless Commerce

eCommerce without front-end, relying on APIs.

Learn more →
Heatmap

Visual representation of data values in colors.

Learn more →
Hyperlocal

Business model focusing on localized communities.

Learn more →
I
Influencer Marketing

Using influential figures to promote products.

Learn more →
Interstitial Ads

Full-screen ads appearing between usual content.

Learn more →
Inventory Turnover

Times inventory's sold & replaced in a time frame.

Learn more →
J
Journey Mapping

Visualizing customer's path from first contact to purchase.

Learn more →
Just-in-Time

Inventory system receiving goods only as they're needed.

Learn more →
K
KPI (Key Performance Indicator)

Metrics evaluating organizational success.

Learn more →
L
Lookalike Audience

Digital audience similar to your existing customers.

Learn more →
LTV:CAC Ratio

Ratio measuring the relation between the lifetime value & acquisition cost.

Learn more →
M
M-commerce

Buying & selling of goods/services via mobile devices.

Learn more →
Machine Learning

AI-driven data analysis improving automatically over time.

Learn more →
Manufacturer's Representative

Agent selling manufacturer's products.

Learn more →
Manufacturer's Suggested Retail Price (MSRP)

Recommended price for retail sale.

Learn more →
Master Distributor

Main distributor in a region with sub-distributors.

Learn more →
N
NPS (Net Promoter Score)

Measures customer loyalty & predicts business growth.

Learn more →
O
O2O (Online to Offline)

Online activities driving offline sales.

Learn more →
Omnichannel

Unified shopping experience across all channels.

Learn more →
Original Equipment Manufacturer (OEM)

Produces equipment sold under another brand.

Learn more →
OTT (Over-The-Top)

Content providers bypassing cable, broadcast, satellite.

Learn more →
Out of Stock (OOS)

Item that's not currently available for sale.

Learn more →
P
Payment Gateway

Service processing credit card payments for businesses.

Learn more →
PLA (Product Listing Ad)

Online ads showing product images, prices, and merchant names.

Learn more →
POS (Point of Sale)

Location & time of completing a retail transaction.

Learn more →
Private Label

Products produced by one company but branded by another.

Learn more →
Production Lead Time

Time taken from order placement to production completion.

Learn more →
Q
QR Code

Scannable code directing users to digital destinations.

Learn more →
R
Remarketing

Re-engaging past visitors via online ads.

Learn more →
Replenishment

Restocking of products or raw materials.

Learn more →
Reseller

Business buying products to sell to the public.

Learn more →
Retargeting

Ads targeting users who visited a site but didn't buy.

Learn more →
RFID (Radio Frequency Identification)

Using radio waves to track products & automate inventory management.

Learn more →
S
SaaS (Software as a Service)

Cloud-based software available via subscription.

Learn more →
SEO (Search Engine Optimization)

Tactics to boost site visibility on search engines.

Learn more →
SKU (Stock Keeping Unit)

Unique code identifying individual products.

Learn more →
Split Testing

Comparing two versions of a page to see which performs better.

Learn more →
Stockist

Retailer or distributor that stocks goods of a brand.

Learn more →
T
Tiered Pricing

Different prices based on quantity purchased.

Learn more →
Touchpoint

Any interaction between a brand and its customers.

Learn more →
Trade Show

Event where companies in a sector exhibit their products.

Learn more →
TTL (Time To Live)

Duration data remains in a network before deletion.

Learn more →
Turnkey Solution

Ready-made product or service readily available.

Learn more →
U
UGC (User Generated Content)

Content (reviews, images) created by users, not brands.

Learn more →
UI (User Interface)

Space where human-machine interaction occurs.

Learn more →
Upselling

Encouraging customers to buy a higher-end product than what they're considering.

Learn more →
UX (User Experience)

The overall experience a user has with a product.

Learn more →
V
Vendor Managed Inventory (VMI)

Suppliers manage buyer's inventory.

Learn more →
Vertical Commerce

Companies control their own production & distribution.

Learn more →
Virtual Reality

Interactive, computer-generated 3D environments.

Learn more →
VOC (Voice of Customer)

Collection of feedback directly from customers.

Learn more →
Volume Discount

Reduced prices for purchasing in larger amounts.

Learn more →
W
Warehouse

Large building for storing raw materials or goods.

Learn more →
Webhook

Automated messages sent from apps when something happens.

Learn more →
Webrooming

Researching products online before buying in-store.

Learn more →
White-labeling

One company's product sold under another's brand.

Learn more →
Wholesale Club

Retailer offering discounts to members buying in bulk.

Learn more →
X
X-Selling (Cross-Selling)

Selling complementary products to existing customers.

Learn more →
Y
Yield Management

Adjusting prices as per variations in demand.

Learn more →
Z
Zero Inventory

Business model without stock holding.

Learn more →
Zero-Day Vulnerability

Software security flaw unknown to those who should fix it.

Learn more →

Tired of managing wholesale orders manually? Try OrderCast!

Book a demo with our Sales Expert to discover how OrderCast can help streamline your wholesale business and increase your revenues.

Contact our Sales Experts
Michael Saifoudine, OrderCast
Ayoub-Assabban-OrderCast-Photo
Photo Kirstin Olson
Photo Laura van den Herrewegen
We'll get back to you within the hour.