Lulu
✨ demystifying the market

Understand market vocabulary and how different teams apply it

ROI, backlog, lead, Kanban… what on earth is that? Here we break down these confusing words and acronyms, and show examples of how different teams use them. Sometimes you already get the idea — you just don't know the technical term or the name of the methodology.

Lulu, the fairy of knowledge, flying with her wand raised

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💰 Finance★☆☆
📈

ROI

Return on Investment

How much money came back relative to what was invested, as a percentage.

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ROI also shows up in

🤝 Sales

Used to justify investing in a new tool, hire, or sales campaign.

🧩 Product

Used to prioritize which features are worth building first, comparing team effort against expected impact.

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🧩 Product★☆☆
🗂️

Backlog

The organized list of everything still to be done, prioritized by importance.

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Backlog also shows up in

💰 Finance

Finance teams also keep a backlog of process improvements, reports, and automations.

📊 Data

Used to prioritize which analyses, dashboards, or data pipelines to build first.

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🤝 Sales★★☆
🚪

Churn

Cancellation / drop-off rate

The share of customers (or revenue) that leave the company in a given period.

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Churn also shows up in

🧩 Product

Analyzed through usage behavior to spot signs a customer is about to cancel before they actually do.

💰 Finance

Used to project future revenue and to calculate the real LTV of the customer base.

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