Acronyms you need to know

Confused about all of the new acronyms you're seeing in the group? Here is a quick breakdown to help you out so it's not super confusing.

DM: Digital Marketing - also known as online marketing, is any marketing that takes place on the internet. It can be through social media, search engines, email, etc, to connect with customers. (This means that Digital Marketing IS NOT Reselling Courses)

People will also use DM for Direct Message, of course.

SM: Social Media

RR: Resell Rights - means you are allowed to resell a product you purchased from someone else.

MRR: Master Resell Rights - means you are allowed to resell a product you purchased to others for 100% profit. Most of the time, it is sold as-is at a price specified by the creator.

In the Girls Gone Faceless group, MRR is typically used for Master Resell Rights. However, in "normal" online business, MRR is used for Monthly Recurring Revenue which is typically income earned through memberships.

PLR: Private Label Rights - means you are allowed to resell a product you purchased to others for 100% profit. Most of the time, it is a product you can edit and design as your own, and resell at a price you choose.

DFY: Done For You - a product that has already been created for you so that you can resell.

Courses (These are courses that are often mentioned in our group with abbreviations)

UBC: Ultimate Branding Course

DBA: Digital Boss Academy

With all courses, we recommend you do thorough research on the course itself and the person who is selling to you.