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

Unplanned Out-of-Stocks

Instances where a product is unexpectedly unavailable for purchase, often resulting in lost sales and dissatisfied

Club

Also called a warehouse club, it is a membership-based retail outlet offering a wide selection of

Product Listings

A product listing is an item’s entry in the broader catalog of an eCommerce website, designed