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Glossary
What each number and term means, how it is calculated, and — the part most definitions skip — what it does not tell you.
Spend & efficiency
3What each step of the funnel costs you, and what moves that cost.
How much money went into advertising over the period — the number every efficiency calculation starts from, and the one that almost never matches what the bank took.
CPL Cost per leadWhat one enquiry costs you — the most quoted number in ad reporting and the most dangerous one to read alone, because a cheap lead and a useful lead are rarely the same lead.
CP QL Cost per qualified leadWhat you pay for a lead the sales team actually wants — and why it is the first number that tells you whether cheap traffic is cheap.
Conversion
6How much of each stage survives to the next one — and how sure you can be.
An enquiry from someone who left their contact details. The most common number in a marketing report and the most definition-dependent: two lead counts on the same data can differ twofold.
QL Qualified leadAn enquiry that reached the stage you declared to be qualification — not a property of the person but a decision about your funnel, which is why the number is so easy to move without changing any marketing.
KE Key eventThe funnel step you declared to be the main predictor of a sale — the earliest signal that is an action by the buyer rather than an opinion held by the seller.
CR QL Lead-to-qualified conversion rateThe share of leads that survive qualification — and how to tell a real change from the noise of a small sample.
CR KE Conversion to key eventWhat share of qualified leads reaches the key event — the funnel step that measures how sales worked, not how good the traffic was.
CR Sale Conversion to saleWhat share of key events turns into a deal — the last multiplier of the funnel and the only one that measures closing rather than the path to it.
Revenue & return
3What marketing gave back, and whether the number means what it looks like.
A deal that reached a won stage. The one number in a marketing report that coincides with money — and therefore the one every other number is calculated for.
ROMI Return on marketing investmentWhat marketing gave back for every euro spent — and the four things that quietly change the number without anything changing in your marketing.
Revenue Attributed revenueThe money from closed deals that an attribution rule assigned to marketing — the numerator of half your metrics, and a number that almost never matches the one finance reports.
Attribution & measurement
1How a result gets tied to a source — and where the tie breaks.