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List Of Most Used Business Buzzwords

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List of most used Business Buzzwords

List Of Most Used Business Buzzwords

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If you work in a company you’ve probably come across at least one of the buzzwords and phrases in this article. Depending on the culture of your company, you’d better not only know what they mean, but especially think about them and use the concepts in your day-to-day life. Here is a List of most used Business Buzzwords which you should know.

What is a buzzword?

Buzzword is a term that is widely used in the world as a vague definition, even if it sounds like a very professional and persuasive word.

Buzzwords are those words that have become increasingly common in the business universe.

Buzzword, is a BUZZ around a new term, i.e a big fuss, which is based on the appearance of a word previously unknown.

The case of e-commerce seems to me to be the most blatant. Do you still remember the noise that was made about e-commerce?

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List of Business Buzzwords

angel investor

Meaning: someone who believes in your company to invest their own money in it.

‘aha’ moment!

Meaning: At which point the user can understand what benefit they receive from that purchase, when they receive it, and how.

accelerator

Meaning: Company or program designed to help new businesses and organizations grow rapidly and be successful.

best in class

Meaning: the highest current performance level in an industry, used as a standard or benchmark to match or exceed.

bounce rate

Meaning: Indicator of how many people leave a web page after seeing only one page or a few seconds.

bootstrap

Meaning: build a company with very few resources and very little money.

crowdsourcing

Meaning: In this mode, individuals or organizations can take advantage of a large number of network users to obtain the services and ideas they need.

crowdfunding

Meaning: It is a way for individuals or small businesses to raise money from the public over the Internet. It is a form of alternative finance that is outsourced by the masses.

churn rate

Meaning: How many customers you’re missing in a certain period of time.

customer onboarding

Meaning: the process of tracking the first steps of the new customer when he starts using what you sold to him. Onboarding is about helping your customer use your product/service, removing initial barriers such as technical difficulties.

customer Success (CS)

Meaning: Strategy that integrates Marketing, Sales, Service and other areas, and that requires deep knowledge of customers, product, customer onboarding and ongoing, in addition to systemic vision of the company.

conversion rate

Meaning: Number of visitors who become paid users or customers.

disruptive

Meaning: when it is proposed to revolutionize a sector or industry.

due diligence

Meaning: when an investor carries out his checks to confirm all the facts about the set-up before investing in it.

early adopter (lighthouse customer)

Meaning: the first customers or users of a company, product or technology.

exit strategy

Meaning: a strategic plan for an entrepreneur to sell his property in a company to investors or other companies.

freemium

Meaning: it’s a mixture of free (free) and premium (top) words. It is an internet business model where basic services are provided for free while the most advanced features have to be paid for.

game-changer

Meaning: You can refer to a person who is a visionary or a company that modifies their business strategy and makes a completely new plan which others follow.

gamification strategy

Meaning: the use of game techniques such as bonuses, levels, etc. to attract and retain customers, motivate staff.

growth-hacking

Meaning: Acquire as many users or customers as possible while spending as little as possible.

hack

Meaning: combat a problem, treat or deal with difficulty.

iterate

Meaning: trying something new, even if it goes wrong, is re-tested by slightly changing something to achieve a better result.

ideate

Meaning: cool word to propose ideas. From the same family as ideathon and ideation.

incubator

Meaning: an organization that supports new companies in their early stages providing the necessary resources to survive.

jump the shark

Meaning: When a company or program reaches an all-time low, it does something drastic or crazy to keep people interested.

a lean startup

Meaning: a practice to develop products and businesses based on validated learning, obtaining customer feedback quickly and frequently.

lipstick on a pig

Meaning: try to make superficial changes to hide the flaws that don’t fool anyone.

monetize

Meaning: When you stop providing a product or service for free and you start charging.

native advertising

Meaning: it is a type of covert advertising, usually online, that matches the shape and function of the platform where it appears.

ongoing customer

Meaning: the customer orientation process, until it gets its wow moment, or the first perception of success.

overinvest

Meaning:  investing more than normal, temporarily, for a measurable goal. For example, at the beginning, you can overinvest in digital marketing, so that it becomes super known.

push the envelope

Meaning: test the limits of what is possible or try radical ideas.

pitch

Meaning:  a quick and short presentation of the project/idea to managers, investors, jury.

results-oriented

Meaning: A results-oriented approach is focused on achieving goals.

roi (Return on Investment)

Meaning: It is a calculation that demonstrates the rate of profit obtained on a given investment. It is important to measure whether a particular process is paying off and why it is being advantageous.

rightsizing

Meaning: convert something to an appropriate or optimal size, usually related to staff.

seed funding

Meaning: the amount of money you get at the start of a project, to show that it works and that it can grow.

scale up

Meaning: as one plans to grow his company with respect to size, market and demographics.

startup

Meaning:. a startup is a group of people looking for a repeatable and scalable business model, working in conditions of extreme uncertainty.

startup in early stage

Meaning: New company, started less than three years ago

soft landing

Meaning: a controlled launch of the business in a new market with less risk and less costs.

serial entrepreneur

Meaning: entrepreneur addicted to launch a startup and move on to the next one.

think outside the box

Meaning: think differently or ‘think from a different angle, think creatively and freely.

take it to the next level

Meaning: doing something better than it is now.

take it offline

Meaning: discuss the issue separately because others in the meeting do not need to be involved in this discussion.

unicorn company

Meaning: Another way to call a new company valued at over a billion dollars.

value add

Meaning: something that adds value, benefit or improvement.

wow moment

Meaning: After the aha moment, the first moment when the customer succeeds using the product/service. He sees that what he bought really works and the problem he has is starting to be solved.

So, what did you think of these Business Buzzwords? Hopefully now you can use them in your routine business communications.

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