What does "
" actually mean...?
539+ terms explained in detail: From A for affiliate to Z for Zapier.
The most important5 terms for beginners at
Asynchronous learning
Learning without a fixed schedule. Your participants choose for themselves when and at what pace they work through the content.
All terms
Lookalike Audience
A target group that has similar characteristics to existing customers – for targeted advertising.
right to erasure
The right to have personal data deleted under certain conditions – also known as the "right to be forgotten."
LTI (Learning Tools Interoperability)
A standard that enables the integration of external tools and applications into learning platforms.
LTV (lifetime value)
Customer lifetime value – the total revenue generated by a customer throughout their entire customer relationship.
Machine learning
Machine learning – a subfield of AI in which systems learn from data.
margin
The profit margin – the percentage of sales that remains as profit.
trademark law
The legal protection of brand names, logos, and trademarks against imitation.
Marketing funnel
A marketing funnel that shows how potential customers are guided through different stages of the customer journey.
market research
The systematic collection and analysis of information about markets and target groups.
master class
An intensive, high-priced course or workshop led by a recognized expert.
mastermind
A group of like-minded individuals who regularly exchange ideas, support each other, and grow together.
Media Kit
A professional presentation that shows a creator's reach, audience data, engagement rates, and achievements—used for brand deals and partnerships.
reporting requirement
The obligation to report data breaches to the supervisory authority within 72 hours.
Membership
A membership model in which users pay a fee (one-time or recurring) to gain access to exclusive content, courses, or a community.
Membership Site
A website or platform that is based on memberships and provides protected content for paying members.
Frequently asked.
Easy answered.
Less than you think. An MVP (minimum viable product) is enough. Start with 3-5 modules that solve a specific problem. Your first customers don't want 47 bonus modules. They want results and solutions. Start delivering them, gather feedback, and grow your business.
White label means that the platform carries your brand, not that of the tool provider. You upload your logo, your domain, your brand colors, and there are no annoying hints to the platform, such as "Powered by XY" footers. This is important if you want to appear professional. It's not important if you're just testing it out.
But let's be honest: when you see your logo instead of someone else's, it feels different because it's yours.
An LMS (learning management system) is designed for structured learning. Courses, modules, progress bars, certificates—the whole "School 2.0" range, so to speak. A community platform is broader: community, content library, recurring payments, access management. However, many modern tools combine both. What you need depends on what you are selling: Education? Then you need LMS features. Access (to you, your network, your knowledge)? Then definitely the community. Or both.
Scalability means you can generate more revenue without investing more time. Example: One-on-one coaching is not scalable (1 customer = 1 hour). An online course does (1 course = 1,000 customers at the same time).
If you want to build a business that grows without you constantly spinning your wheels, you need scalable products.
Spoiler: Most successful creators and experts combine both. On the one hand, high-priced 1:1 coaching for individuals and scalable courses to reach more people.