Marketing Acronyms, Initials & Abbreviations

A

AED          advertising elasticity of demand
AAU          awareness, attitudes and usage
ABC          activity-based costing
ABM         account-based marketing
ACM         automatic checkout machine
ACV          all commodity volume
AHP         analytic hierarchy process
AI              artificial intelligence
AIDA        attention-interest-desire-action
AIO           activities-interest-opinions
ANOVA    analysis of variance
AOG         arrival of goods
AOR         agency of record
APT           Arbitrage Pricing Theory
ATR          awareness-trial-repeat
AVOD      ad-based video on demand

B

B&M        brick(s) and mortar
B2B         business to business
B2C         business to consumer
BDI         Brand Development Index
BOGO     buy one get one
BP/C       brand preference/choice
BPI          Buying Power Index

C

CAGR      compound annual growth rate
CAI          computer-assisted interviewing
CAPM     capital asset pricing model
CBD        cash before delivery
CCA         capital consumption allowance
CDI         Category Development Index
CFR        cost and freight
CIA         cash in advance
CIF         cost insurance freight
CIR         Continuous Improvement in Return
CLTV      customer lifetime value
CLV        customer lifetime value
CMA       census metropolitan area
CMO       chief marketing officer
CMSA     consolidated metropolitan statistical area
COD        cash on delivery / collect on delivery
CP           customer profit
CPC        cost per click
CPG        consumer packaged good
CPI         cost per impression
CPM       cost per thousand (impressions)
CPP        cost per rating point
CPR        category performance ratio
CPRP     cost per rating point
CPT        cost per thousand (impressions)
CR          concentration ratio
CRP       capacity requirements planning
CRP       cost per rating point
CSR       corporate social responsibility
CTR       click-through rate
CTV       connected television
CX         customer experience

D

DAR        day-after recall
DCF        discounted cash flow
DINK      double income–no kids
DMP       data management platform
DPP        direct product profitability
DSP        demand side platform
DSS        decision support system
DTC        direct to consumer

E

EBITDA    earnings before interest, taxes, depreciation and amortization
eCPM        effective cost per mille (thousand)
EDLP        everyday low price
EIDR        Entertainment Identifier Registry
EVA          economic value added

F

FAK         freight all kinds
FAQ         frequently asked questions
FAS         free alongside ship
FCC         Federal Communications Commission
FMCG     fast-moving consumer good
FOB         free on board
FOMO     fear of missing out
FRT         flash recognition training
FTC         Federal Trade Commission
FVB         financial value of brand

G

G-D             goods-dominant
GDPR        General Data Protection Regulation
GI               geographical indication
GLA            gross leasable area
GMROII    gross margin return on inventory investment
GRP            gross rating point
GUI             graphical user interface

H

HHI            Herfindahl-Hirschman Index
HTML        hypertext markup language
HTTP         hypertext transfer protocol
HTTPS       HTTP Secure or HTTP over SSL (secure socket layer)

I

ICS            Index of Consumer Sentiment
IMC           integrated marketing communication
ICM           individual commercial metrics
iROAS      incremental return on ad spend
IRR           internal rate of return

J

JIT          just-in-time (inventory)

K

KPI        key performance indicator

L

LCV       lifetime customer value
LSI        latent semantic indexing
LTV       lifetime customer value

M

MarCom    marketing communications
MIS            management information system
MkIS          marketing information system
ML              machine learning
MMAP       Marketing Metric Accountability Protocol
MOD          media on demand
MROI        marketing return on investment
MRP          maximum reservation price
MSA          metropolitan statistical area
MSRP        manufacturer suggested retail price

N

NBD           negative binomial distribution
NIL             name, image and likeness
NPD           new product development
NOPAT      net operating profit after tax
NPV           net present value

O

OCR       optical character recognition
OEM      original equipment manufacturer
OOH      out-of-home advertising
OTB       open to buy
OTS       opportunities to see
OTT       over-the-top (media)

P

P4P       pay for performance
PACT    positioning advertising copy testing
PCV      product category volume
PEO      Paid-Earned-Owned media model
PESO    Paid-Earned-Shared-Owned media model
PFP       pay for performance
PLC       product life cycle
PMSA    primary metropolitan statistical area
POP       point of purchase
POS       point of sale
PPC       pay per click
PR         public relations
PR         page rank
PRP      persuasion rating point
PSA       public service announcement
PSM      price sensitivity meter

Q

QA       quality assurance
QC       quality control
QR       quick response (delivery system)
QSR     quick service restaurant

R

R&D        research and development
RDD        random digit dialing
ROAS      return on ad spend
ROI          return on investment
ROMI       return on marketing investment
ROMO     return on marketing objective
ROO         return of/on objective
ROS         return on sales
RTB         real-time bidding

S

SaaS        software as a service
S-D          service dominant
SEO         search engine optimization
SERP      search engine results page
SM           service mark
SINK       single income-no kids
SKU         stock-keeping unit
SME         small and medium enterprises
SMSA      standard metropolitan statistical area
SPPD       sales per point of distribution
SSL           secure socket layer
STP          segmentation targeting positioning
SVD         singular value decomposition
SVOD      subscription video on demand

T

TM            trademark
TOMA      top-of-mind awareness
TRPs        target rating points
TV             television
TVOD       transactional video on demand

U

UCC      uniform commercial code
UFC      uniform freight classification
UPC      universal product code
URL      uniform resource locator
USP      unique selling proposition

V

VAR      value-adding reseller
VMS      vertical marketing system
VNR      video news release
VOC       voice of the customer
VOD      video on demand

W

WWW    worldwide web

X Y Z

XML      eXtensible markup language


See also

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