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

Product Variants

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

Brand Identity

Includes the visual elements of a brand such as the logo, design, color that helps the

Incremental Sales

Refers to the additional units of a product sold to retailers or consumers directly attributed to