What Is Average Order Value?

Pickandpack21 Apr, 2023Packer Movers

Average Order Value (AOV) is a metric used in e-commerce to measure the average amount of money spent per order. It is calculated by dividing the total revenue by the number of orders. AOV is an important metric for e-commerce businesses because it helps them understand how much money they are making per transaction and can help identify opportunities for increasing revenue.

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