Average Order Value: Definition, Formula, & 8 Ways to Skyrocket Your AOV
Optinmonster
MAY 30, 2024
If your online art supply store generated $15,000 in sales from 300 orders during the month of May, this would be your AOV calculation: Total Revenue = $15,000 Total Number of Orders = 300 AOV = $15,000 / 300 orders = $50 This AOV data tells you that, during May, your customers spent an average of $50 per visit.
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