|Definition||:||Average Order Value|
|Category||:||Business » Business Terms|
What does AOV mean?
Average Order Value (AOV) is the average amount of money each customer spends per order. It is an e-commerce metric that tracks the average amount each customer spends per transaction on a website or application. AOV can be calculated by dividing the total revenue by the total number of orders placed in the period.
AOV = Total revenue / Number of orders placed
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Frequently Asked Questions (FAQ)
What is the full form of AOV?
The full form of AOV is Average Order Value
What is the full form of AOV in Business?
What are the full forms of AOV in Worldwide?
Average Order Value | Arena Of Valor | Angle of View | Air Operated Valve | Automatic Opening Vent | Analysis Of Variance | Any Other Variety | Arbitrary Output Variables | Aortic Velocity | Approaching Original Violence