The Glossary

Marketing, in plain English.

Every industry hides behind its vocabulary. Marketing is worse than most. So here's the jargon you'll actually meet, explained the way I'd explain it across a table: short, direct, no posturing. Bookmark it, or just skim when someone tries to baffle you with an acronym.

One budget, three kinds of media and the loop that connects them OWNED PAID EARNED The assets you keep The speed you rent The trust you can't buy Spin it in that order and it compounds. That's the flywheel. Golden Consulting
Owned, paid, earned: the three-word version of the flywheel.
Steal this diagram, credit is appreciated.Download SVG
Fundamentals

The words worth knowing first.

Digital Marketing

Any marketing that happens through a screen. If a customer could encounter it on a phone, laptop, or smart fridge, it lives here. The umbrella over everything else on this page.

Funnel

The journey from 'never heard of you' to 'just paid you,' imagined as a funnel because you lose people at every stage. The job of marketing is to widen the top and unclog the middle, until a conversion falls out the bottom.

Conversion

The moment someone does the thing you wanted: buys, books, calls, signs up. Everything before it is potential; the conversion is when potential becomes money.

Conversion Rate

Of everyone who had the chance to convert, the percentage who actually did. A shop with 100 visitors and 3 sales converts at 3%. Small changes here move revenue more than most people expect.

CRO (Conversion Rate Optimization)

The unglamorous art of getting more conversions from the traffic you already have. Usually cheaper than buying more traffic, and almost always neglected in favor of buying more traffic.

ROI (Return on Investment)

What you got back versus what you put in. Spend a dollar, make three, that's the number that matters. Every other metric is a supporting actor to this one. See also ROAS.

ROAS (Return on Ad Spend)

ROI's narrower cousin, specific to advertising: revenue earned per dollar of ad spend. A ROAS of 4 means four dollars back for every one spent, before you subtract the cost of making the product.

CPC (Cost Per Click)

What you pay each time someone clicks your ad. In a competitive market this is set by auction, which means your rivals help decide your price whether you like it or not.

CPA / CPL (Cost Per Acquisition / Lead)

What it costs you, all in, to win one customer or one lead. The single most useful number in paid media, because it tells you whether the math works before you scale it up.

CTR (Click-Through Rate)

Of the people who saw your ad or listing, the percentage who clicked. A quick read on whether your message is landing. Low CTR usually means the offer or the wording, not the budget.

Impressions

How many times your thing was shown, whether or not anyone cared. Useful for reach, dangerous as a vanity metric. Impressions don't pay invoices.

KPI (Key Performance Indicator)

The handful of numbers you've agreed actually measure success. The trick is choosing the right ones up front. Start with the wrong definition of success and you've already failed.

Attribution

The detective work of figuring out which marketing touch actually caused the sale. Genuinely hard, often gamed, and the source of most arguments between channels about who deserves credit.

Creative

The actual stuff people see: the words, images, and video. Not a channel, a consumable. Every channel burns through it, and bad creative quietly taxes all of them at once.

Owned & Organic

Building the assets you keep.

SEO (Search Engine Optimization)

Earning your way to the top of Google's unpaid results by being genuinely the best answer. Slower than ads, cheaper forever. The compounding asset most businesses underfund.

GEO / AIO (Generative Engine Optimization)

SEO's younger sibling for the AI era: getting your business cited by answer engines like ChatGPT and Perplexity, not just ranked on Google. New, fast-moving, and increasingly where attention starts. The full explanation is here.

SERP (Search Engine Results Page)

The page you get after searching. Understanding what fills it, ads, map packs, featured snippets, ten blue links, tells you what real estate you're actually competing for.

Keyword

A word or phrase people type into search. The bridge between what someone wants and whether they find you. Target the ones with intent, not just the ones with volume.

Domain Authority

A rough score for how much clout a website has earned in search. Not an official Google number, but a useful shorthand for 'how hard will it be to outrank these people.'

Organic Traffic

Visitors who found you without you paying for that specific click: search, direct, referrals. The traffic that keeps arriving after the work is done, which is exactly why it compounds.

Content Marketing

Earning attention by being useful instead of interruptive. Guides, articles, videos, tools. The long game of becoming the resource people trust before they're ready to buy.

Owned Media

The channels you actually control: your website, your email list, your content. No landlord, no algorithm can evict you overnight. The foundation everything else builds on.

Email Marketing

The one channel no platform can take away from you. Under-used by most businesses and disproportionately profitable for the ones who treat the list as a relationship, not a megaphone.

Earned & Authority

Becoming the name people trust.

Earned Media

Attention you didn't pay for and don't own: press coverage, word of mouth, someone citing you unprompted. The most credible kind, precisely because you couldn't just buy it.

Digital PR

Earning coverage and links from publications worth being seen in. Slower than a press release and worth a hundred of them, because the credibility and the search value both compound.

Brand

What people think and feel about you when you're not in the room, and increasingly what AI says about you when you're not in the prompt. The compounding interest on everything else you do.

Thought Leadership

Publishing what you genuinely know so the right people come to see you as the expert. The honest version beats the polished-but-empty version far more often than people expect.

Share of Voice

How much of the conversation in your market is about you versus your competitors. A brand-level scoreboard: you can be winning on clicks while quietly losing the room.

ABM (Account-Based Marketing)

Precision marketing aimed at a named list of dream accounts, rather than casting wide. Less a channel, more a decision to go deep on the few instead of wide on the many.

AI Answer Engine Authority

Becoming a source AI answer engines trust enough to name. Think of it as the new Domain Authority: just as real and just as consequential to whether you get found, and every bit as nebulous to define and stubborn to measure. Nobody can hand you the exact number, but everyone can tell who has it.

Still hearing a word that sounds like a spell?

Ask me. I'd rather demystify this stuff than have you nod along to a proposal you can't fully read. See it all working together on the flywheel.

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