Glossary

D2C words, defined in one sentence

Forty operating terms Indian D2C teams search for — each with a 50-word answer, a worked ₹ example, and links into the matching guide.

Quick commerce

Quick commerce terms

Open the quick commerce guide

AI customer support

AI customer support terms

Open the ai customer support guide

D2C analytics

D2C analytics terms

Open the d2c analytics guide

AOV

AOV is revenue divided by number of orders. It is useful for planning, but a high AOV with high RTO or heavy discounting can still lose money.

Attribution

Attribution is the rule that decides which ad or channel gets credit for an order. Different platforms use different windows, which is why Meta ROAS and Google ROAS can both look great while MER does not.

Blended dashboard

A blended dashboard joins store, ads, shipping, OMS and marketplace data on one page so a founder can see revenue, spend, delivery and inventory together.

Blended ROAS

Blended ROAS is another name teams use for MER: all revenue over all paid spend. Use it when you want one number that does not depend on a platform's attribution window.

CAC

CAC is what you spend to win one new customer. For paid-heavy D2C brands it is usually ad spend (and sometimes discounts) divided by new customers.

Contribution margin

Contribution margin is what remains from an order after product cost, shipping, payment fees, discounts, expected RTO/returns and ads. It is the scoreboard for a D2C order.

Founder Pulse

Founder Pulse is MarQet BI's morning view of what changed overnight — revenue, spend, RTO, stock — and what to do about it, instead of a wall of charts.

GMV

GMV is the face value of orders before cancellations, RTO, returns and discounts. It is a volume metric, not profit.

LTV

LTV is the contribution you expect from a customer over their life with the brand, not just first-order revenue. For early D2C brands, first-order contribution plus a conservative repeat rate is more honest than a long LTV model.

MCP

MCP is a protocol that lets AI tools such as Claude read structured data from an app. MarQet BI can connect over MCP so you ask questions about your D2C numbers inside Claude.

MER

MER is total revenue divided by total ad spend across every paid channel. It is the blended check on whether platform-reported ROAS is real.

Net revenue

Net revenue is what you keep after cancellations, RTO, returns and often discounts. It is the revenue number contribution margin should start from, not GMV.

ROAS

ROAS is revenue attributed to a channel or campaign divided by that channel's spend. Platform ROAS often double-counts the same order across Meta and Google.

Unit economics

Unit economics is the P&L of one order or one customer: price, cost, shipping, ads, returns. If the unit loses money, scale makes the hole bigger.

D2C operations

D2C operations terms

Open the d2c operations guide

AWB

An AWB is the courier tracking number assigned when a shipment is manifested. Support and analytics both key off it.

COD

COD means the customer pays when the courier delivers the order. It raises conversion in India and also raises RTO risk, because the customer has not prepaid.

D2C

D2C means selling your own brand to the customer, usually through your website and your own support, rather than only through a wholesale buyer. In India it often sits next to marketplaces and quick commerce.

Days of cover

Days of cover is how many days current stock will last at the recent sell rate. It is the number that tells you what to make or send today.

Inventory cover

Inventory cover is another name for days of cover: stock divided by daily demand. Teams use it in production and warehouse planning.

NDR

An NDR is the courier's notice that a delivery attempt failed — customer unavailable, address issue, or refused. Some NDRs become successful reattempts; others become RTO.

NDR-to-RTO

NDR-to-RTO is the share of failed delivery attempts that eventually return to the seller instead of being redelivered. It is the lever operations teams work after the first attempt fails.

OFD

OFD means the shipment is on a courier vehicle for a delivery attempt that day. It is a status, not a promise that the customer received it.

OMS

An OMS allocates orders to warehouses and channels, and keeps inventory in sync. Unicommerce is a common OMS for Indian D2C brands selling on more than one channel.

Prepaid

A prepaid order is paid before dispatch. Prepaid usually has a lower RTO rate than COD because the customer has already committed money.

Reverse logistics

Reverse logistics is the path of a product coming back: RTO, customer return, or exchange. It has its own cost, time and inventory impact.

RTO

RTO is a shipment that never reaches the customer and comes back to the seller. In Indian D2C it is common on cash-on-delivery orders. You still pay shipping both ways and often lose the product's handling cost.

Sell-through

Sell-through is the share of available stock that sold in a period. Low sell-through ties up cash; high sell-through risks a stockout.

SKU

A SKU is one sellable variant — size, scent, pack. Inventory, ads and Blinkit availability are all SKU-level problems, not brand-level ones.