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

Gross Margin

The difference between the revenue generated from sales and the cost of goods sold, expressed as

CPG manufacturing

In the Consumer Packaged Goods industry, the term “CPG company” typically denotes manufacturers within the sector.

Market Share

Represents the portion of an industry’s total sales that is accounted for by a specific company