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
- MRR (Monthly Recurring Revenue)
The predictable revenue a subscription business collects every month from active subscribers.
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
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.
