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Media buying glossary

The working vocabulary of paid acquisition — the creative parts you build, the levers you pull on spend, and the numbers that tell you whether it worked.

Buyers use these words all day; here is what each one means. For the craft behind them, see what media buyers actually do, learn which return metric to optimise in ROI vs ROAS, and structure your tests with the creative testing framework.

Creative building blocks

TermWhat it means
Media buyingBuying ad inventory to drive traffic to offers.
CreativeThe ad itself — image, video or copy.
AngleThe specific message or hook a creative uses to sell, such as convenience for an e-commerce product.
HookThe first few seconds or first line that stops the scroll.
Ad setThe layer that holds a targeting and budget setting for a group of ads.
Landing pageThe page the click lands on, built to carry the angle through to the action.
UGCUser-Generated Content — creative shot to look native and unpolished, like a real user review.

Spend & bidding

TermWhat it means
BidWhat you are willing to pay per click or impression.
BudgetThe spend allocated to a campaign or ad set.
AudienceThe targeted group of users for a campaign.
Lookalike audienceA new audience the platform builds to resemble your existing converters.
RetargetingShowing ads to users who already interacted with you.
WhitelistThe set of placements or sources you have approved to run on.
CBO vs ABOCampaign vs Ad-set Budget Optimization — whether the budget sits at the campaign or ad-set level.
DaypartingScheduling ads to run only in the hours that convert best.

Return & economics

TermWhat it means
CPMCost Per Mille — the price for one thousand impressions.
CPCCost Per Click — what you pay for each click.
CTRClick-Through Rate — the share of impressions that become clicks.
CPACost Per Acquisition — what it costs you to produce one conversion.
ROASReturn On Ad Spend — revenue divided by ad spend.
ROIReturn On Investment — profit as a percentage of total cost.
FrequencyHow many times, on average, each user has seen your ad.
Break-even ROASThe ROAS at which revenue exactly covers spend; above it you profit.

Where to go next: lay out accounts cleanly with campaign structure explained, find the message that sells in finding winning angles, run the daily loop in campaign optimization workflow, and grow a winner safely with scaling campaigns.

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