The average order value, also referred to as AOV for short, is an economic figure that’s used to gain more insight into the spending habits of customers. Advertisers will use this metric to figure out how much people are spending on a particular product or service. In affiliate marketing, the AOV can also be used to learn more about the results of a campaign.
To get the average order value, advertisers will divide the full purchase amount by the total number of sales. Say, for example, that the merchant made 250 sales totaling $10,000 in revenue. In this case, the AOV would be $40. The goal of the AOV is to see the average amount of money spent on each purchase.
The following two tabs change content below.
Jamie
My name is Jamie Spencer and I have spent the past 5 years building money making blogs. After growing tired of the 9-5, commuting and never seeing my family I decided that I wanted to make some changes and launched my first blog. Since then I have launched lots of successful niche blogs and after selling my survivalist blog I decided to teach other people how to do the same.
Latest posts by Jamie (see all)
- .IO vs .COM – Which Domain Extension Should You Choose? – 2021 Guide - January 13, 2021
- .co vs .com – Which Domain Extension is Better? – 2021 Guide - January 13, 2021
- .org Vs .com – Battle Of The Two Top Domain Name Extensions - January 13, 2021