Glossary

The words behind a personal shopper for every visitor.

One page per term: what it means, why it matters for a store, an example, and what the agent does with it.

  • Written for the people who run the store, not for engineers
  • Every number carries its source and its period
  • Each term links to the product page that does the job
Terms

Short definitions, one page each

Grouped by where the term lives: the agent, the site, retention, measurement and channels.

Retention

Retention

Abandoned cart

An abandoned cart is a cart a shopper filled and left without paying. Abandoned-cart recovery is the message, usually email or push, that reminds her of the items, and it is the single most profitable automated message most stores send.

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Retention

Browse abandonment

Browse abandonment is when a shopper views products and leaves without adding anything to the cart. It happens many times more often than cart abandonment, and most of the shoppers who do it are anonymous, so most tools never reach them.

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Retention

RFM segmentation

RFM segmentation groups customers by recency (when they last bought), frequency (how often) and monetary value (how much). It turns a customer list into states such as new, active, at risk and lost, so each state gets a different message.

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Retention

Dynamic coupon

A dynamic coupon is a discount code generated for one shopper, with its own value, products and expiry, used once. It replaces the fixed public code that leaks to coupon sites and ends up in the hands of people who would have paid full price.

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Retention

Loyalty points

Loyalty points are credit a customer earns per order and spends as a voucher on a later one. A points program gives repeat customers a reason to come back to the store instead of to the ad that brought them the first time.

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Retention

NPS (net promoter score)

NPS, the net promoter score, comes from one question: how likely are you to recommend us, from 0 to 10. Customers who answer 9 or 10 are promoters, 0 to 6 detractors; the score is the share of promoters minus the share of detractors.

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Measurement

Measurement

Predicted customer lifetime value

Predicted customer lifetime value is an estimate of what a customer will spend with you over a future period, made from her behavior and orders so far. It lets a store put its effort, and its ad budget, where the future value is, not where the last click was.

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Measurement

Holdout group

A holdout group is a share of visitors or customers who do not get the agent, the message or the campaign, chosen at random. Comparing them with everyone else shows what the action added, in orders the store can count, instead of what a report claims.

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Measurement

Incrementality

Incrementality is the part of a result that happened because of an action and would not have happened without it. An incremental order is one the reminder, the recommendation or the ad caused, as opposed to one it merely touched on the way to the checkout.

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Measurement

Attribution window

An attribution window is the period after a click or a view during which a platform claims an order as its own. Meta's default is seven days after a click and one day after a view; a store's own analytics may use a different window, so the same order is counted in several places.

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Measurement

Server-side tracking

Server-side tracking sends events such as page views, carts and orders from the store's server to the analytics and ad platforms, instead of from the shopper's browser. It records what the browser pixel misses when a blocker, a consent choice or a slow page stops the pixel from firing.

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Measurement

Identity resolution

Identity resolution is the work of recognizing that the visits, devices, emails and orders of one person belong to one person, and joining them into a single profile. Without it a store sees the same customer as three strangers.

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The numbers, once a month

What the stores on Releva saw last month: Viber against email, email benchmarks, Meta ads, the season. Shares and ratios you can compare with your store, one email a month, no sales pitch.

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