Easy Guide to Facebook Ads Acronyms

CPA, CPM, ROAS … WTF?!

Yes, digital marketing, and more specifically ad buying has LOTS of acronyms we use to describe what’s going on with our ads and in the rest of the industry. Yes, it can get confusing. Hopefully this guide helps you feel a little more prepared for your next meeting.

Facebook Ads Acronyms Glossary

  • AAM: Auto-advanced matching

  • ABO: Ad set Budget Optimization

  • AEM: Aggregated Events Manager (more info on this here)

  • AOV: Average order value (purchase conversion value ÷ # of purchases)

  • ATC: Add to Cart

  • ATT: Apple Tracking Transparency (think iOS14+)

  • CAPI: Conversion API (Not sure about CAPI? Check out this blog)

  • CBO: Campaign Budget Optimization

  • CPA (also called CAC): Cost Per Acquisition (or Customer Acquisition Cost)

  • CPC: Cost per click (amount spent ÷ number of clicks)

  • CPM: Cost per 1,000 impressions

  • CPP/CPA/CAC: Cost per purchase, cost per acquisition, customer acquisition cost (all the same metric)

  • CTR: Click-thru-rate percentage (link clicks ÷ total impressions)

  • DPA, DCT: Dynamic product ad/Dynamic creative testing

  • DTC: Direct to consumer

  • FBSCA: Facebook Sales Channel App (In Shopify)

  • FTIR: First-time impression ratio

  • GA: Google Analytics

  • GDS: Google Data Studio

  • GTM: Google Tag Manager

  • LLA/LAL/LL: Lookalike audience (created in FB Audiences)

  • LP: Landing Page

  • LPV: Landing Page View

  • LTV: Lifetime Value

  • MER: Marketing Efficiency Ratio (also called Media Efficiency Ratio/Rating)

  • PUR: Purchase

  • ROAS: Return on ad spend (amount spent ÷ purchase conversion value). Can be viewed as a percentage or a number

  • Thumbstop Ratio: The percentage of total impressions on a video ad that users stopped to view at least 3 seconds of (3-second video plays ÷ impressions)

  • TOFU (TOF)/MOFU (MOF)/BOFU (BOF): Top of funnel (TOFU)/Prospecting, Middle of funnel (MOFU), Bottom of funnel (BOFU)/retargeting

  • TOS: Time on site

  • UGC: User-generated content

  • VC: View Content

  • WCA: Website custom audience

 
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Update: What's working (and what's not) this week in Facebook Ads

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What you need to know about Facebook’s Aggregated Events Measurement (AEM)