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

Brand positioning

Refers to the unique offering or key differentiations of the brand’s products for its customers.

Heavy Buyers

Consumers who consistently spend significantly more than average within a specific product category, making them a

Generic Brand

A consumer product without a widely recognized name or logo, often lacking extensive advertising compared to