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GLOSSARY · 66

Glossary

Common business and digital terms in plain words, linked to lessons and tools.

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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
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
Depreciation · ค่าเสื่อมราคา
Spreading the cost of a multi-year asset as a yearly expense
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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
Inflation · เงินเฟ้อ
Prices rise overall, so the same money buys less
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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
Payback period · ระยะเวลาคืนทุน
How long until returns equal the money invested
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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 →
Rich menu (LINE) · ริชเมนู (LINE)
The large button menu under a LINE OA chat for common questions
Learn more: LINE OA and chat marketing
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
Social proof · หลักฐานทางสังคม
Real reviews, results and user counts that reassure newcomers
Learn more: Privacy and trust
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