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glossary · product analytics

Analytics glossary. Product analytics terms explained.

Plain-language definitions of the terms you meet when you measure how people use software, written by the team behind smolanalytics. Each one opens with a short definition, then links to a full page.

The Analytics glossary explains the product analytics terms that show up when you measure how people use software: product analytics itself, funnel analysis, retention, cohorts, paths, and newer ideas like an MCP analytics server (a way to ask your analytics in plain English from a coding agent). Each entry opens with a short, plain-language definition you can lift verbatim, then explains what the term means, when it matters, and how it works in practice, with no marketing spin. The glossary is written by the team behind smolanalytics, an analyst that runs beside the analytics you already have and computes these metrics deterministically from your own events and then investigates them on its own (the dashboard opens on the desk, the most expensive finding first, not a wall of panes), so the definitions describe how the numbers are actually calculated, not a vendor's idealized version. Every term links to a full page, and the pages cross-link so you can follow a concept (say, from funnel analysis to retention to cohorts) without leaving the site. Start with product analytics if you are new to the space.
the terms

What do the analytics terms mean?

Product analytics

Measuring how people actually use a product, event by event, to answer questions like what makes users stick, where they drop off, and what to fix, using funnels, retention, cohorts, and paths rather than raw pageview counts.

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MCP analytics server

An analytics backend that speaks the Model Context Protocol, so a coding agent like Cursor or Claude can query your real numbers in plain English and get answers computed from your data, not guessed, in the same window where you write code.

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Funnel analysis

Tracking the share of users who complete each step of an ordered flow (say signup, activate, pay) to find the single step where the most people drop off, so you know exactly which part of the journey to fix first.

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User retention

The share of users who come back and keep using a product over time, measured as day-1, day-7, or day-N retention, so you can see whether new users stick or quietly leave after the first visit.

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Cohort analysis

Grouping users by something they share (the week they signed up, a first action) and tracking each group over time, so you can compare how different cohorts retain or convert instead of averaging everyone together.

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MAU (monthly active users)

The number of unique users who did something meaningful in the last 30 days, the standard measure of active usage, often paired with DAU and the DAU/MAU ratio as a stickiness signal.

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Event tracking

Recording the specific actions people take (a signup, a click, a purchase) as named events with properties, so you can build funnels, retention, and paths instead of only counting pageviews.

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Cookieless analytics

Measuring visitors and usage without storing identifiers on the device, so there is no cookie banner and no GDPR consent step, while still counting visitors, referrers, funnels, and retention.

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Marketing attribution

Deciding which channels and campaigns get credit for a signup or purchase, using UTM parameters and first-touch or last-touch rules, so you know which sources actually drive results instead of guessing.

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Path analysis

Looking at the actual sequences of actions users take (what they do after signup, where they wander before converting) as observed, undirected journeys, rather than the fixed ordered steps of a funnel.

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Conversion rate

The share of users who complete a desired action out of everyone who had the chance, measured per funnel step or end to end, so you can quantify how well a flow turns visitors into the outcome you want.

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Autocapture

Analytics that records interactions (pageviews, clicks, scroll depth, form submits, errors) automatically from one snippet, no per-event tracking code. It keeps the element behind each click, so you can name any button as an event later, retroactive to install.

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Event instrumentation

The work of making a product record user actions as named events with properties, so a funnel or retention report has clean data behind it. Done by hand, retroactively from captured clicks, or written and verified for you by a coding agent.

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Tracking plan

The single agreed spec of every event you record: each name, its properties, and meaning. As plan-as-code it lives in the repo and a checker fails the build when code or traffic drifts from it, so event names can't silently splinter.

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Rage click

A burst of rapid clicks on the same spot in a short window, usually three or more in about two seconds. It signals a user expected something to happen and it didn't, flagging a broken, slow, or misleading control without needing a survey.

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More terms are added as the pages ship. New to the space? Start with product analytics, then follow the cross-links from there.

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