Average Order Value (AOV)

Average order value tracks the average dollar amount spent each time a customer places an order on a website or your ecommerce store.

To calculate your company's average order value, simply divide total revenue by the number of orders. 

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Comments 1

Super User on Friday, 24 February 2023 11:22

an Important metric in Ecommerce business

an Important metric in Ecommerce business
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Thursday, 13 June 2024