Ecommerce & Reviews Glossary
Every term, defined plainly.
Reviews, social proof, conversion and the metrics that move a store.
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Cart Abandonment
Cart abandonment is when a shopper adds one or more items to their cart but leaves the site before completing the purchase.
Conversion Rate
Conversion rate is the percentage of visitors who complete a desired action, most often a purchase, calculated by dividing conversions by total visits.
Customer Lifetime Value
Customer lifetime value (CLV or LTV) is the total revenue a business can expect from a single customer across the whole relationship, not just their first order.
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Review Gating
Review gating is the practice of screening customers before asking for a public review, so only the happy ones are invited to post it.
Review Schema
Review schema is structured data added to a page that lets search engines understand its rating, so star ratings can appear directly in search results.
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Social Proof
Social proof is the effect where people look to the actions and opinions of others to guide their own decisions, and in ecommerce it is the engine behind reviews and ratings.
Star Rating
A star rating is a 1-to-5 score that summarises how customers feel about a product or store at a glance, most often shown as filled and empty stars.