What is Average Order Value (AOV)?
Average Order Value (AOV)
Average Order Value (AOV) measures the average total of every order placed over a set period. Increasing AOV is an effective strategy for boosting overall revenue.
Learn how you can leverage upselling techniques to improve AOV in our Shopify CRO Audit.
Other Terms
Similar terms that you might find interesting
Average Order Value (AOV)
What is Average Order Value (AOV)?
Defenition of Average Order Value (AOV) in Shopify,eCommerce,Metrics: AOV is the average value of every order in Shopify.
Back End
What is the Shopify Back End?
Defenition of Back End in Shopify,Web Development,eCommerce: The Shopify Back End is the administrative dashboard.
Backorder
What is a Backorder?
Defenition of Backorder in Shopify,Inventory,eCommerce: Backorder is an order for an out-of-stock item in Shopify.
Blog
What is a Blog in Shopify?
Defenition of Blog in Shopify,SEO,Content Marketing: Blog is an online tool for publishing articles in Shopify.
Bounce Rate
What is Bounce Rate?
Defenition of Bounce Rate in Shopify,SEO,Web Analytics: Bounce Rate is the percentage of visitors who leave without interacting.
B2B
What is B2B?
Defenition of B2B in Shopify,Business,Wholesale: B2B refers to business-to-business transactions.
B2C
What is B2C?
Defenition of B2C in Shopify,eCommerce,Consumer Sales: B2C refers to business-to-consumer transactions.
Buy Button
What is a Shopify Buy Button?
Defenition of Buy Button in Shopify,Sales Channels,Integration: Buy Button lets you embed purchase options on external sites.
Conversion Rate
What is Conversion Rate?
Defenition of Conversion Rate in Shopify,eCommerce,Metrics: Conversion Rate is the percentage of visitors who take action.
Cost of Goods Sold (COGS)
What is Cost of Goods Sold (COGS)?
Defenition of Cost of Goods Sold (COGS) in Shopify,Inventory,Accounting: COGS includes direct costs of producing or acquiring a product.