Live commerce glossary

The 63 terms that come up most often in day-to-day live, short-form, and video commerce operations.
Each entry goes past the dictionary definition to when and how it is actually used, and what it gets confused with.

Live commerce fundamentals

Live operations

HLS

HTTP Live Streaming

HLS delivers video as short file segments over ordinary web servers and CDNs — the widest compatibility of any method, at the cost of higher latency.

Low-Latency HLS

LL-HLS

Low-latency HLS shortens HLS delivery to roughly 2–5 seconds by splitting segments into smaller parts, keeping HLS compatibility and CDN economics while tightening real time.

PIP

Picture-in-Picture

PIP shrinks video into a small floating window so viewing continues while the person looks at something else — in commerce, it lets shoppers browse products without leaving the broadcast.

OS-Level PIP

Playback outside the app

OS-level PIP is the operating system's own picture-in-picture: playback continues even after the viewer leaves your app for another one.

Mobile SDK

A mobile SDK is the development kit that adds capabilities like live or short-form video into an iOS or Android app, so watching and paying happen without leaving it.

WebRTC

WebRTC lets browsers and apps exchange video and audio in real time with sub-second latency, without routing through a conventional streaming pipeline.

Low Latency

Low latency means shrinking the gap between what the camera captures and what the viewer sees — in live commerce, the condition for conversation and for fair ordering.

Streaming

RTMP ingest

Streaming ingest is the process of sending video from a camera or encoder to a streaming server over a protocol such as RTMP so it can be delivered to viewers in real time.

Video Subtitles

Video subtitles render speech as on-screen text so viewers watching with the sound off, and viewers in other languages, can still follow the content.

Intro & Outro

Intro and outro are the holding screens shown at the start and end of a live broadcast; they reduce drop-off before the show and direct viewers to a next action after it ends.

Live Replay

VOD

Live replay re-serves a finished broadcast on demand, converting viewers who missed the live window and making round-the-clock programming possible.

Live Pop-up

A live pop-up is an overlay shown on top of the broadcast — a notice, coupon, or product detail — used to prompt an action without interrupting viewing.

Live Quiz

A live quiz poses a question during the broadcast and rewards correct answers instantly, lifting both dwell time and chat participation.

Live Coupon

A live coupon is a discount issued in real time only to viewers of a broadcast, creating a reason to buy now rather than later.

Live Chat

Live chat is the real-time channel where viewers ask questions during a broadcast and the seller answers immediately, resolving hesitation at the moment of purchase.

Live Host

The live host presents the broadcast, explains products, and answers viewer questions — one of the biggest determinants of whether a broadcast converts.

Live Auction

A live auction is a commerce format where bidding runs inside a live video broadcast, and viewers bid, win and pay without leaving the screen.

Video & Short-form

Product pages & Selling

Customer Data

Commerce metrics

Live Shopping Conversion Rate

CVR

Live shopping conversion rate is the share of viewers who bought, and because its denominator differs from a product page's, it only compares against itself.

PDP Conversion Rate

PDP conversion rate is the share of product detail page visitors who purchased — the most direct read on how persuasive a single product page is.

Conversion Rate Optimization

CRO

Conversion rate optimization (CRO) is getting more purchases out of the traffic you already have, rather than buying more of it.

Shoppable Video ROI

Shoppable video ROI is the profit a video generates against everything it cost — and it only approaches reality when platform fees and internal time are included.

Conversion Rate

CVR

Conversion rate is the share of visitors or viewers who actually purchase, and it typically runs higher in live commerce than on a standard product page.

Average Order Value

AOV

Average order value is the mean amount spent per order — total revenue divided by number of orders — and it rises with bundling and upselling.

Concurrent Viewers

Concurrent viewers is the number of people watching at the same moment — unlike cumulative viewers, it reflects both real-time momentum and server load.

Engagement Rate

Engagement measures how much viewers actually react — chat, likes, quiz entries, product taps — and it predicts purchase intent better than raw view counts.

ROAS

Return on Ad Spend

ROAS shows how much revenue each unit of ad spend produced — ad revenue divided by ad cost — and it is the standard yardstick for judging live commerce ad efficiency.

GMV

Gross Merchandise Value

GMV is the total value of transactions over a period before cancellations, returns, and fees are deducted, which makes it different from revenue.

LTV

Customer Lifetime Value

LTV is the total profit a customer generates across the entire relationship, which distinguishes it from average order value — the size of a single order.

CTR

Click-Through Rate

CTR is the share of impressions that resulted in a click, and in live commerce the product card click rate is the clearest signal of purchase intent.

Bounce Rate

Bounce rate is the share of arrivals who leave without taking any action; in live commerce it means viewers who enter the broadcast and exit almost immediately.

View Completion Rate

View completion rate is the share of viewers who watch to the end — a direct driver of algorithmic distribution in short-form, and a measure of structure in live.

AI & Search

Generative AI

Generative AI produces new text, images, video, or speech from what it has learned, and in commerce it is used mostly for content production and customer response.

AI Generated Content

AI generated content is text, images, or video produced by a model rather than a person — fast to produce, and still yours to fact-check and disclose.

AI Avatar

An AI avatar is a synthetic on-screen presenter that introduces products or answers viewers in place of a person, enabling round-the-clock and multilingual operation.

Ecommerce Chatbot

An ecommerce chatbot answers shopper questions automatically, resolving last-minute hesitation without a person in the loop.

Agentic Commerce

Agentic commerce is buying where an AI agent — not the shopper — searches, compares, and completes the purchase, which means product information has to be machine-readable to be considered at all.

AI Shopping Agent

An AI shopping agent understands a shopper's requirements and finds and recommends products on their behalf, which makes being chosen by the agent — not just by the person — the new challenge for brands.

Conversational Commerce

Conversational commerce carries a customer from question to purchase through chat or voice, with live chat and AI chatbots as its most common forms.

AEO

Answer Engine Optimization

AEO is optimizing so that AI answer engines like ChatGPT and Perplexity cite your content as a source — unlike SEO, the goal is being included in the answer rather than ranking above it.

GEO

Generative Engine Optimization

GEO is the practice of designing content and structured data so a brand appears in the information generative AI draws on when composing an answer; it is used almost interchangeably with AEO.

AI Chat Moderation

AI chat moderation automatically filters non-compliant or inappropriate messages from live chat before a human has to intervene, which is what makes live broadcasting viable in regulated industries like healthcare and finance.

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© Shoplive Pte. Ltd. All rights reserved.
Shoplive symbol mark
English

Singapore Headquarters

111 Somerset Road, #06-01S, 111 Somerset, Singapore 238164

Seoul Office

4F, 415, Teheran-ro, Gangnam-gu, Seoul, Republic of Korea

Vancouver Office

Suite 900, 2025 Willingdon Avenue, Burnaby, BC V5C 0J3, Canada

California Office

95 Third Street 2nd Floor. San Fransisco, CA 94103 USA

© Shoplive Pte. Ltd. All rights reserved.
Shoplive symbol mark
English

Singapore Headquarters

111 Somerset Road, #06-01S, 111 Somerset, Singapore 238164

Seoul Office

4F, 415, Teheran-ro, Gangnam-gu, Seoul, Republic of Korea

Vancouver Office

Suite 900, 2025 Willingdon Avenue, Burnaby, BC V5C 0J3, Canada

California Office

95 Third Street 2nd Floor. San Fransisco, CA 94103 USA

© Shoplive Pte. Ltd. All rights reserved.