Valker

GLOSSARY · PLAIN-ENGLISH DEFINITIONS

What we mean when we say it

Short, opinionated definitions for the terms that come up on every discovery call. If something isn't here, ask on the call and it'll get added.

MARKETING

AOV

Average Order Value, total revenue divided by total number of orders in a period.

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CAC

Customer Acquisition Cost, the total cost of acquiring one new paying customer, calculated by dividing all sales and marketing spend in a period by the number of customers acquired in that period.

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CAPI

Meta Conversion API, Meta's server-side tracking channel that lets you send conversion events directly from your server to Facebook's ad system, bypassing the browser-side tracking gaps caused by iOS ATT and ad blockers.

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Conversion rate

Conversion rate is the percentage of visitors who do the thing you want, enquire, buy, or call, the single number that tells you whether traffic is actually turning into business.

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CRO

Conversion Rate Optimisation, the practice of improving the percentage of site visitors who complete the desired action (purchase, signup, enquiry), typically through testing and iteration.

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Klaviyo flows

Automated email and SMS sequences in Klaviyo that fire in response to customer events, welcome series after a first signup, abandoned cart, browse abandonment, post-purchase, win-back, and so on.

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LTV

Lifetime Value, the total gross profit a customer generates across all their orders, before subtracting acquisition cost.

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Performance Max

Google Ads' automated, AI-driven campaign type that places ads across all Google inventory, Search, Display, YouTube, Discover, Maps, Gmail, from a single asset group plus a goal.

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ROAS

Return On Ad Spend, the revenue generated per pound of ad spend, expressed as a multiple (e.g., 7.69x ROAS means £7.69 of revenue per £1 spent).

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Server-side tracking

A tracking architecture where conversion events are sent to ad platforms (Meta, Google) from your server instead of from the visitor's browser, restoring the data lost to iOS ATT, ad blockers, and intelligent tracking prevention.

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SEO

301 redirect

A 301 redirect permanently points one URL at another, used in migrations and rebrands so old links and accrued Google rankings carry over to the new address instead of breaking.

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Alt text

Alt text is a written description of an image in the page code; it lets screen readers describe the image to blind users and helps Google understand what the picture shows.

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Backlink

A backlink is a link from another website to yours; Google treats relevant, trustworthy backlinks as votes of confidence that help you rank.

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GEO

GEO (generative engine optimisation) is structuring a website so AI assistants like ChatGPT, Claude, and Perplexity can read it, trust it, and recommend it when someone asks for a business like yours.

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Google Business Profile

A Google Business Profile is the free listing that puts your business on Google Maps and in the local results, showing your hours, reviews, photos, and a link to your site.

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Keyword research

Keyword research is finding the actual phrases customers type into Google, with rough search volumes, so pages get built around demand that exists instead of guesses.

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Local SEO

Local SEO is the work of ranking for 'near me' and town-name searches and appearing in Google's local map pack, so nearby customers find you before they find a competitor.

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Meta description

A meta description is the short summary shown beneath your page title in Google's results; it does not move rankings directly, but a sharp one wins more of the clicks.

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Schema markup

Schema markup is structured data added to a page's code that labels exactly what each thing is, a price, a review, a service, an FAQ, so Google and AI engines can display and cite it accurately.

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SEO

SEO (search engine optimisation) is the work of getting a website to rank in Google's unpaid results for the things customers actually search, so traffic arrives without paying per click.

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