This growing commerce glossary breaks down the terms and industry buzzwords that commerce experts and business leaders need to know in 2021.
Looking for the text-only lexicon? Here it is.
Buy now pay later (BNPL)
Cart abandonment rate
Content management system (CMS)
Conversion rate optimization
Customer lifetime value (CLV)
Digital experience platform (DXP)
Ecommerce tech stack
Order management system (OMS)
Payment card industry (PCI) compliance
Point of sale transaction
Product information management (PIM)
Third-party payment processor
This originally appeared on Bold Commerce and is made available here to cast a wider net of discovery.