Bold’s Commerce Lexicon For 2022

bold’s-commerce-lexicon-for-2022

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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. 

3PL fulfilment

3PL fulfilment

Agile CMS

Agile CMS

A/B testingAB testing

API-first

API-First

Best-of-breed solutions

Best of breed

Build-a-box

Build-a-box

Buy now pay later (BNPL)

BNPL

BODFS

BODFS

BOPIS

BOPIS

BORIS

BORIS

BOSS

BOSS

Cart abandonment rate

Cart abandonment rate

Checkout experienceCheckout experience

CIAM

CIAM

Cloud-native

Cloud-native

Composable commerce

Composable commerce

Conditional logic

Conditional logic

Content management system (CMS)

CMS

Conversion rate optimization

Conversion rate optimization

CPQ

CPQ

Cross selling

Cross selling

Customer lifetime value (CLV)

CLV

Digital experience platform (DXP)

DXP

Digital wallet

Digital wallet

Direct-to-consumer

Direct-to-consumer

Dunning management

Dunning management

Ecommerce tech stackEcommerce tech stack

Fraud management

Fraud management

Headless commerce

Headless commerce

MACH architecture

MACH architecture

Micropayments

Micropayments

Microservices

Microservices

Mobile optimization

Mobile optimization

Modular commerce

Modular commerce

Omnichannel commerceOmnichannel commerce

Order management system (OMS)

OMS

Payment card industry (PCI) compliance

PCI compliance

Payment gateway

Payment gateway

Personalization

Personalization

Point of sale transaction

POS transaction

Product information management (PIM)

PIM

ROPIS

ROPIS

Subscription

Subscription

Third-party payment processor

Third-party payment processor

Upselling

Upselling

This originally appeared on Bold Commerce and is made available here to cast a wider net of discovery.
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Author

Steve has entrepreneurship in his DNA. Starting in the early 2000s, Steve achieved eBay Power Seller status which propelled him to become a founding partner of VisionPros.com, a contact lens and eyewear retailer. Four years later through a successful exit from that startup, he embarked on his next journey into digital strategy for direct-to-consumer brands.

Currently, Steve is a Senior Merchant Success Manager at Shopify, where he helps brands to identify, navigate and accelerate growth online and in-store.

To maintain his competitive edge, Steve also hosts the top-rated twice-weekly podcast eCommerce Fastlane. He interviews Shopify Partners and subject matter experts who share the latest marketing strategy, tactics, platforms, and must-have apps, that assist Shopify-powered brands to improve efficiencies, profitably grow revenue and to build lifetime customer loyalty.

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