When buying higher quality shoes, that are made using methods beyond basic automated construction, you will run into some terms that are used to describe the degree of craftsmanship that went into the construction of the shoe.
The first step up from basic automated construction is Benchgrade. The term Benchgrade comes from the idea that the shoe starts at a bench where a person assists with a mostly automated process, but helps guide the shoe through the process at times.
The next step up is Handgrade. Handgrade implies a more hands on approach in combination with some automated processes. It also includes addition steps and attention to detail like closed channeled stitching on the sole (stitching not exposed on the sole bottom), higher quality materials, and some hand finishing.
The next step would be Hand Made, but this term is used rather broadly. Although some manufacturers use the term Hand Made to refer to Handgrade, it should include more hands-on work and less automation. An example of a Hand Made shoe would be one that is hand lasted, but not necessarily Hand Welted.
The next step after Hand Made is Bespoke. Bespoke shoes are typically Hand Lasted and Hand Welted and/or have hand sewn soles. Top grade leather or exotic skins are commonly used in Bespoke construction. One of the main things that set Bespoke apart from other processes is that the shoes are built to fit your feet specifically. Bespoke does not come in a size 10 or 11, in comes in size YOU. Typically, in Bespoke, a last is created or modified to match the size and shape of each of your feet. The shoes are then built by hand using the last, and other measurements taken of your feet.
Sitting somewhere between Handgrade and Bespoke is Made to Measure. Made to Measure uses stock patterns and stock lasts that are slightly modified using measurements provided by you to create a pair of shoes that fit your feet better than a pair of RTW (Ready To Wear) shoes, but are not built by hand or measured to the detail of a pair of bespoke shoes.