OMG! Acronym FOMO: Don’t Miss Out!

OMG! Acronym FOMO: Don’t Miss Out!

Have you ever been in a business meeting when someone used an acronym you didn’t know? Did you sit there with sweaty palms, hoping your part of the meeting wouldn’t require you to know what it stands for? Did you ask what it means? Or did you quickly and surreptitiously look it up on your device at hand?

Been there.

While the word acronym” was first coined by Bell Laboratories in 1943, acronyms themselves are nothing new. Even the Romans used them (as in the roll-off-your-tongue SPQR for Senatus Populusque Romanus), but more are tossed around these days than ever before.

New ones are born seemingly every day, in every industry and social arena. You’d have to be a walking urban dictionary to know or remember them all. So, forgive yourself your FOMO (Fear Of Missing Out) and accept that you’re never going to keep up.

That said, there are some acronyms that marketing professionals simply CNK (Can’t Not Know, and we just made that up). But first, why is it important to know and use them?

Why Use Acronyms?

  • You’re going to look like a dinosaur if you don’t. Remember that business meeting, when CMO Joe kept dropping DKA (Don’t Know Acronyms), and you felt like a dope? You felt that way for a reason. Anything that’s used in the normal lexicon of your industry should be second nature to you. Otherwise, you and your company look well behind the times.
  • They’re efficient and convenient. It may not seem like such a big deal to type out “as soon as possible” one time, but multiply that by the number of times you convey that sense of urgency in a week, and you’ve added several minutes to your precious time.
  • They save money and trees. If you’re printing hard documents, acronyms take up less room and, thus, use less paper.
  • They’re quicker and easier to say. Consider the National Aeronautics and Space Administration’s Emergency Guidance Abort Destruct System, for example. Isn’t it just a lot faster and simpler to say NASA’s EGADS?
  • Their brief, snappy character lends itself perfectly to texting and social media, especially on hand-held devices.
  • They’re hip (think young) and fun to use, as in the EGADS example above.

The acronyms one should know off the top of their head depends largely on the business one is in. Because you’re reading a marketing blog, we’re going to focus on that arena, along with its first cousins, social media and email. Keep in mind that the same acronyms can have multiple meanings, depending on the industry. Therefore, it’s best to specify that industry when searching acronyms. For example, “AMA in healthcare.”

We’re not going to include the acronyms that are familiar to the lay person, such as FYI, OMG, ASAP, TGIF, LOL. If you’re not familiar with those, here’s a good primer.

 Top Marketing (and a Few Sales) Acronyms You Need to Know

B2B: Business to Business
B2C
: Business to Consumer
CRM: Customer Relationship Management
MAP: Marketing Automation Platform
RSS: Really Simple Syndication
HTML: Hypertext Markup Language
CPC: Cost Per Click
CPL: Cost Per Lead
CTA: Call to Action
CTR: Click Through Rate
PPC: Pay Per Click
BR: Bounce Rate
SEO: Search Engine Optimization
RFP: Request For Proposal
SAAS: Software As A Service
PR: Lest we insult your intelligence, PR stands for Page Rank as well as the better known Public Relations
SMM: Social Media Marketing
ROI: Return On Investment

Top Social Media Acronyms You Need to Know

FB: Facebook
IG: Instagram
LI: LinkedIn
TW: Twitter
YT: YouTube
AMA: Ask Me Anything
IDK: I Don’t Know
DM: Direct Message
LMK: Let Me Know
IMO/IMHO: In My Opinion/In My Humble Opinion
SMH: Shaking My Head
YOLO: You Only Live Once
JSYK: Just So You Know
ELI5: Explain Like I’m 5
LMAO: Laughing My Ass Off
NSFW: Not Safe For Work

Top Email Acronyms You Need to Know

NRN: No Response Necessary
EOD:
End Of Day
EOM:
End Of Message (allows you to put your brief message in the subject line so email doesn’t need to be opened; e.g., “Meeting at 4:00 – EOM”)
FWD: Forward
BCC: Blind Carbon Copy
CC: Carbon Copy
OOO: Out Of Office
OT: Off Topic
YTD: Year To Date

We at IVY have enjoyed sharing this sampling of common marketing acronyms with you. We ask you to remember one more: our MAPS approach to all your marketing needs. Let us help you make the most of your campaigns in the following areas of expertise:

Marketing
Advertising
Public Relations
Special Events

If you have a favorite acronym(s) that is not on our list, please let us know what it is and what it stands for. Please share this blog on your social media for even more feedback!

IVY MARKETING GROUP. COME GROW WITH US.