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| Definition | : | Average Order Value |
| Category | : | Business » Business Terms |
| Country/ Region |
: | Worldwide
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Initialism
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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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Arena Of Valor
Games & Entertainment
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Angle of View
Tech Terms
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Air Operated Valve
Tech Terms
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Automatic Opening Vent
Tech Terms
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Analysis Of Variance
Mathematics
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Any Other Variety
Pets & Domesticated
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Arbitrary Output Variables
Tech Terms
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Akademische OrchesterVereinigung
[Academic Orchestra Association]
Musical groups
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Algemeen Ouderen Verbond
[General Elderly Association]
Politics
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Aortic Velocity
Anatomy & Physiology
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Approaching Original Violence
Music
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The full form of AOV is Average Order Value
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