Average Order Value (AOV)

Average Order Value (AOV)

An e-commerce metric that is calculated by dividing the total value of all orders over a period of time by the total number of orders over the same period.

Related Terms

Category Buyer

The person is responsible for assisting the procurement manager and category team in implementing procurement and

Product Variants

A specific version of a ‘master’ product that is differentiated by one or more attributes, such