The offer & funnel glossary

Plain-English definitions for every term you'll see inside OfferConverter AI, with a real example and why it actually matters.

A

  • Application Funnel

    A funnel where prospects fill out a qualifying application before they can book a call or buy, instead of buying directly.

B

  • Big Domino

    The one core belief that, once someone accepts it, makes every other objection to buying collapse.

C

  • CAC (Customer Acquisition Cost)

    The total amount spent, on average, to turn one stranger into one paying customer.

  • Cart Abandonment

    When someone starts a purchase — adds to cart or begins checkout — but leaves without completing it.

  • Challenge Funnel

    A short, structured multi-day event that delivers a small win each day and pitches an offer at the end.

  • Churn

    The rate at which paying customers cancel or stop buying over a given period.

  • Close Rate

    The percentage of people exposed to an offer — attendees, applicants or visitors — who actually buy.

  • CTA (Call to Action)

    The specific instruction telling someone exactly what to do next.

D

  • Downsell

    A smaller or cheaper alternative offer presented to someone who declined the main offer or an upsell.

  • Drip Campaign

    A pre-written series of messages sent automatically on a schedule after someone takes an action.

E

  • EPC (Earnings Per Click)

    The average revenue generated for every click sent to an offer or funnel.

  • Evergreen Funnel

    A funnel that runs automatically, every day, without a live event or manual work from you.

F

  • False Belief Patterns

    The three categories of wrong beliefs — about the vehicle, about themselves, and about outside factors — that stop someone from buying.

G

  • Guarantee Stack

    Multiple guarantees layered together to remove several different objections at once.

H

  • Hook

    The opening line or moment of a piece of content or copy, designed to earn attention before anything else can be sold.

I

  • ICP (Ideal Customer Profile)

    A specific description of the exact type of person or business your offer is built for and sells best to.

  • Irresistible Offer

    An offer where the value so clearly outweighs the price and the risk that saying no feels foolish.

L

  • Lead Magnet

    A free, specific piece of value offered in exchange for someone's contact details.

  • LTV (Lifetime Value)

    The total revenue a business expects to earn from one customer over the entire time they stay a customer.

M

N

  • Nurture Sequence

    A series of follow-up emails or messages that build trust and answer objections with someone who hasn't bought yet.

O

  • Objection Handling

    Directly addressing the specific doubts a buyer has before they can stop them from buying.

  • Offer Stack

    The full list of deliverables inside an offer, each assigned a real value, then added up before the price is revealed.

  • One-to-Many Selling

    Presenting a sales pitch once to a group — live, recorded or written — instead of repeating a one-on-one pitch to each buyer.

  • Opt-In Rate

    The percentage of visitors to a page who give their email or register, out of everyone who saw the page.

  • Order Bump

    A small, related add-on offered on the checkout page, added with one click before the purchase completes.

P

  • Positioning

    How an offer is framed in the market relative to alternatives, so the right buyer instantly understands why it's different.

R

  • Retargeting

    Showing ads specifically to people who already visited your site or engaged with your content, but didn't buy.

  • Risk Reversal

    Shifting the risk of a purchase from the buyer onto the seller, usually through a guarantee.

  • ROAS (Return on Ad Spend)

    The amount of revenue generated for every dollar spent on advertising.

S

  • Scarcity

    A real limit on how many people can get an offer, used to prompt a faster decision.

  • Segmentation

    Dividing an audience into smaller groups based on behavior or interest, so each group gets more relevant messaging.

  • Show-Up Rate

    The percentage of people who registered for a live event, like a webinar, who actually attend it.

  • Social Proof

    Evidence that real people have used and benefited from an offer, used to reduce a stranger's perceived risk.

T

  • Transformation Promise

    The specific before-and-after result an offer promises to deliver, stated in outcome terms, not feature terms.

  • Tripwire

    A very low-priced, easy-yes offer used to turn a lead into a buyer before presenting the main offer.

U

  • Upsell

    An additional, usually higher-value offer presented immediately after someone buys, before they leave the checkout flow.

  • Urgency

    A real, time-based reason to act now instead of later.

V

  • Value Ladder

    A sequence of offers, from free or cheap to premium, that moves a customer from stranger to your highest-priced product over time.

  • VSL (Video Sales Letter)

    A pre-recorded video that walks a viewer through a sales argument the same way a written sales page would, but spoken.

W

  • Warm vs. Cold Traffic

    Cold traffic doesn't know you yet; warm traffic has already engaged with your content, list or brand before.

  • Webinar Close

    The section near the end of a webinar where the offer is revealed, stacked, priced and pushed toward a decision.