GLOSSARY · 66
Glossary
Common business and digital terms in plain words, linked to lessons and tools.
66 / 66
- Average order value (AOV) · ยอดเฉลี่ยต่อออเดอร์ (AOV)
- Total sales ÷ number of orders; raise it with bundles and free-shipping thresholds
- Learn more: Selling online at a real profit
- Billable hours · ชั่วโมงที่เก็บเงินได้
- Hours you can actually charge for, excluding sales, admin and meetings
- Learn more: Freelancing like a proTry it →
- Break-even point · จุดคุ้มทุน
- The sales volume where revenue equals total cost; profit starts beyond it
- Learn more: Making your own digital productsTry it →
- Broadcast message · บรอดแคสต์
- A message sent to many followers at once; too often gets you blocked
- Learn more: LINE OA and chat marketing
- Cash flow · กระแสเงินสด
- Money actually flowing in and out; paper profit can coexist with negative cash
- Learn more: Money and tax basics for small businesses
- Consent · ความยินยอม
- The data subject's clear, withdrawable agreement to a stated use
- Learn more: Privacy and trust
- Conversion rate · อัตราการเปลี่ยนเป็นลูกค้า (conversion)
- Share of people who take the desired action, e.g. 12 of 100 chats buy = 12%
- Learn more: LINE OA and chat marketing
- Cost of goods sold (COGS) · ต้นทุนสินค้าขาย (COGS)
- The cost of the goods actually sold, including inbound shipping and attached packaging
- Learn more: Selling online at a real profit
- Customer acquisition cost (CAC) · ต้นทุนหาลูกค้าใหม่ (CAC)
- Total marketing and sales spend ÷ new customers gained
- Learn more: LINE OA and chat marketingTry it →
- Customer lifetime value (LTV) · มูลค่าลูกค้าตลอดอายุ (LTV)
- Expected profit from one customer over their buying life
- Learn more: LINE OA and chat marketingTry it →
- Customer relationship management (CRM) · CRM ระบบดูแลลูกค้า
- Where you keep customers, their status and the next follow-up date
- Learn more: Back office with spreadsheets
- Customer segment · การแบ่งกลุ่มลูกค้า
- Grouping customers by behaviour (new, loyal, lapsed) for better-matched messages
- Learn more: LINE OA and chat marketing
- Data controller · ผู้ควบคุมข้อมูล
- Whoever decides why and how personal data is used — a shop for its customers' data
- Learn more: Privacy and trust
- Data processor · ผู้ประมวลผลข้อมูล
- Someone processing data on the controller's instructions, e.g. cloud or courier
- Learn more: Privacy and trust
- Deposit · มัดจำ
- An upfront payment before work starts, reducing cancellation risk
- Learn more: Freelancing like a pro
- Effective interest rate (EIR) · ดอกเบี้ยที่แท้จริงต่อปี (EIR)
- The rate on the actual remaining balance; the fair way to compare loans
- Learn more: Money and tax basics for small businessesTry it →
- First in, first out (FIFO) · เข้าก่อนออกก่อน (FIFO)
- Use or sell the oldest stock first to reduce spoilage
- Learn more: Food and drink shops
- Fixed cost · ต้นทุนคงที่
- Costs that stay the same regardless of sales, e.g. rent and salaries
- Learn more: Selling online at a real profitTry it →
- Flat interest rate · ดอกเบี้ยแบบ flat
- Interest on the original principal for the whole term, so the real rate is higher
- Learn more: Money and tax basics for small businessesTry it →
- Food cost percentage · สัดส่วนต้นทุนอาหาร (food cost %)
- Ingredient cost per dish ÷ menu price × 100
- Learn more: Food and drink shopsTry it →
- Funnel · เส้นทางสู่การซื้อ (funnel)
- The stages from awareness → interest → trial → purchase → repeat
- Learn more: Making your own digital products
- Gross margin · อัตรากำไรขั้นต้น
- (Revenue − COGS) ÷ revenue: what each baht of sales keeps before operating costs
- Learn more: Selling online at a real profit
- Hallucination · AI แต่งเรื่อง (hallucination)
- When AI confidently states something untrue
- Learn more: Using AI at work, safely
- Invoice · ใบแจ้งหนี้
- A request for payment with amount and due date
- Learn more: Back office with spreadsheets
- Large language model (LLM) · โมเดลภาษาขนาดใหญ่ (LLM)
- An AI model trained on lots of text that generates text from instructions
- Learn more: Using AI at work, safely
- Lawful basis · ฐานทางกฎหมาย
- A legally recognised reason to process data, e.g. contract, consent, legal duty
- Learn more: Privacy and trust
- Lead magnet · ของฟรีที่ดึงคนสนใจ (lead magnet)
- A useful freebie (checklist, tool) that earns attention and contact
- Learn more: Making your own digital products
- Lead time · ระยะเวลารอของ
- Days from ordering until stock is ready to sell
- Learn more: Back office with spreadsheets
- Local AI · Local AI
- AI running on your own hardware, so data never leaves it
- Learn more: Using AI at work, safely
- Margin · Margin (กำไรต่อราคาขาย)
- Profit ÷ price — price 130, profit 30 ≈ 23% margin
- Learn more: Selling online at a real profitTry it →
- Markup · Markup (บวกเพิ่มจากทุน)
- Profit ÷ cost — cost 100, price 130 = 30% markup
- Learn more: Selling online at a real profitTry it →
- Milestone · งวดงาน (milestone)
- An interim delivery tied to a payment instalment
- Learn more: Freelancing like a pro
- Minimum viable product (MVP) · สินค้าขั้นต่ำที่ใช้ได้ (MVP)
- The smallest version that truly solves the core problem, to test before investing more
- Learn more: Making your own digital products
- Net profit · กำไรสุทธิ
- What is left after all costs and expenses, including tax
- Learn more: Selling online at a real profitTry it →
- Non-disclosure agreement (NDA) · สัญญารักษาความลับ (NDA)
- An agreement not to disclose information received during the work
- Learn more: Freelancing like a pro
- PDPA (Thai Personal Data Protection Act) · PDPA (กฎหมายคุ้มครองข้อมูลส่วนบุคคล)
- Thailand's 2019 act setting duties for anyone handling identifiable personal data
- Learn more: Privacy and trust
- Phishing · ฟิชชิง
- Tricking people into clicking links or giving codes by posing as a trusted body
- Learn more: Privacy and trust
- Prompt · คำสั่ง (prompt)
- What you tell the AI; clearer role, task, context and format give better output
- Learn more: Using AI at work, safely
- PromptPay · พร้อมเพย์ (PromptPay)
- Thailand's transfer system using phone/ID numbers and a standard QR
- Learn more: Freelancing like a proTry it →
- Quotation · ใบเสนอราคา
- Proposed items, prices, terms and validity date before the client agrees
- Learn more: Back office with spreadsheets
- Receipt · ใบเสร็จรับเงิน
- Proof that the seller received payment
- Learn more: Back office with spreadsheets
- Refund policy · นโยบายคืนเงิน
- Published terms for exchanges, returns and refunds before purchase
- Learn more: Privacy and trust
- Reorder point · จุดสั่งซื้อซ้ำ
- Stock level to reorder at = daily sales × lead time + safety stock
- Learn more: Back office with spreadsheetsTry it →
- Repeat purchase rate · อัตราการซื้อซ้ำ
- Share of customers who buy more than once
- Learn more: LINE OA and chat marketing
- Return on investment (ROI) · ROI ผลตอบแทนการลงทุน
- (Gain − investment) ÷ investment, to compare options
- Try it →
- Runway · เงินสดอยู่ได้กี่เดือน (runway)
- Cash ÷ monthly spend = months you survive if revenue stops
- Learn more: Money and tax basics for small businessesTry it →
- Safety stock · สต็อกกันชน
- A buffer for unusually high sales or late deliveries
- Learn more: Back office with spreadsheets
- Scope creep · ขอบเขตงานบวม (scope creep)
- Work quietly growing without an agreed price change
- Learn more: Freelancing like a pro
- Search engine optimisation (SEO) · SEO
- Making content findable in search by answering real queries best
- Learn more: Making your own digital products
- Stock keeping unit (SKU) · รหัสสินค้า (SKU)
- A unique code per product variant, used instead of names to link data
- Learn more: Back office with spreadsheets
- Tax invoice · ใบกำกับภาษี
- A document VAT-registered sellers issue, with legally required details
- Learn more: Money and tax basics for small businesses
- Token (AI) · โทเคน (AI)
- The unit of text a model processes; used for length limits and pricing
- Learn more: Using AI at work, safely
- Two-factor authentication (2FA) · ยืนยันตัวตนสองชั้น (2FA)
- Password plus a second factor (app or one-time code) to sign in
- Learn more: Privacy and trust
- Validation · การทดสอบความต้องการ
- Proving with real behaviour that people want it and will pay, before full build
- Learn more: Making your own digital products
- Value added tax (VAT) · ภาษีมูลค่าเพิ่ม (VAT)
- Tax added to prices; registered businesses collect it and remit the difference after input tax
- Learn more: Money and tax basics for small businessesTry it →
- Value ladder · บันไดคุณค่า
- Offers from free to full service so each customer picks their level
- Learn more: Making your own digital products
- Variable cost · ต้นทุนผันแปร
- Costs that grow with each sale, e.g. goods, fees, shipping
- Learn more: Selling online at a real profit
- Volumetric weight · น้ำหนักตามปริมาตร
- Weight charged from box size (L × W × H ÷ divisor); carriers bill the larger of real and volumetric
- Learn more: Selling online at a real profitTry it →
- Withholding tax · ภาษีหัก ณ ที่จ่าย
- The payer withholds part of the payment as the payee's tax; the payee credits it when filing
- Learn more: Money and tax basics for small businessesTry it →
- Yield · % ใช้ได้จริง (yield)
- Share of an ingredient still usable after trimming, washing, cooking
- Learn more: Food and drink shops