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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.'