AOV stands for Average Order Value. It is a key metric used in e-commerce and marketing to determine the average amount of money spent by customers each time they place an order on a website or store. AOV is calculated by dividing the total revenue generated by the total number of orders placed within a specific time period.
AOV is essential for businesses as it helps in evaluating the performance of marketing campaigns, pricing strategies, and customer retention efforts. A high AOV indicates that customers are spending more money per order, while a low AOV may indicate that customers are not making large purchases. By understanding AOV, businesses can make informed decisions to increase their revenue and profitability.
All our stores are beautifully designed (#eyecandy). More importantly, though, they’re optimized to sell. Customer love, guaranteed. Just don't tell the competition.
.jpg)
