Dictionary of Terms

Dictionary of Terms

Category

Term

Definition

General

Our Customers

Any franchise brand or portal that is part of the beta or is paying for Franchise Ninja’s service. Also includes agencies that are partnered with brands and implementing the brand’s data.

General

Industry

This is the Franchise Development Industry

General

Category

Franchise brands within a given business vertical, examples include retail, auto & travel, food & beverage, professional services, health & fitness, etc.


General

Sub-Category

There are subcategories under each of these, but for now this is what we are using in the platform. Example: Senior care is a sub-category of Health & Fitness.


General

Candidate

Any individual who has been identified by the Franchise Ninja platform. They can be either in-market or engaged.

General

In-Market Candidate

An "In-Market" audience refers to candidates who have actively researched buying or starting a business in the previous 30 days. These are not leads yet, but potential candidates showing interest.


General

Engaged Candidate

An "Engaged" audience refers to In-Market candidates who visit one or more Franchise Development sites.

An Engaged audience does not need to be part of your campaign; it can be anyone who is looking for information on starting a business. You will see individuals in other areas of the country that you are not targeting. These are people who are searching for information on starting a business and have visited a franchise development site.

You will receive real-time alerts when these candidates visit your Franchise Development website.

This is the ideal stage to begin your sales process. Depending on visit volume and frequency, these visitors may qualify as leads.

General

Awarded 

An Awarded audience refers to candidates who have chosen a specific franchise brand.

We display the entire candidate journey on the platform, from initial research to final commitment.


Credits

Campaign Credits

Credits are allotted monthly. 

Credits

Campaign Credits Allocated

Credits that have been allocated to a specific campaign.

Credits

Campaign Credits Remaining

Credits that have not been allocated to a specific campaign.

Credits

1 Credit

A candidate who has been identified as in-market within a calendar month.

Campaign

In Active Campaign

A campaign is considered Active when it has at least one enabled action associated with it. This status does not depend on whether data has been exported or credits have been charged.

Campaign

Active Campaign

Campaign data has been exported, and credits have been charged against the account total.

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