Glossary
Words, made simple.
26 terms you'll hear around AI and online business, each with a plain definition and an everyday example.
26 terms found
- Affiliate marketing Online business
- Recommending another company's product and earning a commission if someone buys through your link.
- Example: A blogger linking to a camera they use and earning a small fee per sale.
- AI (Artificial Intelligence) AI basics
- Software that learns patterns from examples so it can do tasks that normally need human thinking.
- Example: Your email's spam filter uses AI to spot junk messages.
- API Using AI
- A way for two pieces of software to talk to each other and share data.
- Example: A booking website using a payment provider's API to take card payments.
- Audience Online business
- The particular group of people you want to help and reach.
- Example: New parents looking for simple budgeting tips.
- Automation Using AI
- Setting up technology to do repetitive tasks for you automatically.
- Example: An email that's sent automatically when someone downloads your guide.
- Chatbot AI basics
- A program you talk to through messages, which replies automatically.
- Example: The little chat window on a shop's website that answers delivery questions.
- Context Using AI
- The background information the AI has in the conversation, which shapes its answer.
- Example: Telling AI 'I'm a beginner' first leads to simpler explanations.
- Conversion Marketing
- When a visitor takes the action you hoped for, such as signing up or buying.
- Example: Someone clicking 'Download' on your guide counts as a conversion.
- CTA (Call to Action) Marketing
- A clear prompt telling the visitor what to do next.
- Example: A button that says 'Start Learning'.
- Digital product Online business
- Something you create once and sell or share online as a file or access, with no physical stock.
- Example: An ebook, a printable planner or an online course.
- Email list Marketing
- People who have given you permission to email them. You own this connection, unlike social media followers.
- Example: Subscribers who receive your weekly tips newsletter.
- Engagement Marketing
- How people interact with your content — likes, comments, shares, replies.
- Example: Followers replying to your post with their own questions.
- Funnel Marketing
- The step-by-step journey someone takes from first discovering you to becoming a customer.
- Example: Social post → free guide → helpful emails → paid ebook.
- Generative AI AI basics
- AI that creates new content — text, images, audio or video — rather than just sorting information.
- Example: Asking a tool to write a birthday poem for your mum.
- Hallucination Using AI
- When AI confidently states something that is false or made up.
- Example: AI quoting a book that doesn't actually exist.
- Landing page Marketing
- A single web page with one clear purpose, such as getting a download or a sale.
- Example: A page that only explains a free guide and how to get it.
- Lead magnet Marketing
- A free, useful resource offered in exchange for someone joining your email list.
- Example: A free 15-page starter guide or a printable checklist.
- LLM (Large Language Model) AI basics
- A model trained on vast amounts of text so it can understand and write language.
- Example: The technology that lets ChatGPT reply to your questions in full sentences.
- Machine learning AI basics
- The way computers improve at a task by studying lots of examples instead of following fixed rules.
- Example: A music app getting better at recommending songs the more you listen.
- Model AI basics
- The trained 'brain' behind an AI tool. Different models have different strengths.
- Example: ChatGPT can run on several models, some faster and some more thorough.
- Niche Online business
- A specific topic or market you focus on, rather than trying to serve everyone.
- Example: 'Healthy meals for busy nurses' rather than just 'cooking'.
- Offer Online business
- What you provide, who it's for, and what it costs — packaged clearly.
- Example: A £17 ebook that walks beginners through setting up their first online income system.
- Prompt Using AI
- The message or instruction you give an AI tool.
- Example: 'Summarise this article in three bullet points.'
- SEO (Search Engine Optimisation) Marketing
- Improving your website so it shows up more readily in search results like Google.
- Example: Writing a helpful article titled 'How to start a budget in the UK'.
- Token Using AI
- A small chunk of text (roughly part of a word) that AI reads and writes. Limits are often counted in tokens.
- Example: 'Unbelievable' might be split into a few tokens behind the scenes.
- Value proposition Online business
- A short, clear statement of the problem you solve and why someone should choose you.
- Example: 'Plain-English AI lessons for complete beginners — no jargon, no hype.'