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

Just in time inventory

An inventory management that is focused on optimizing inventory levels by receiving raw materials and components

Gross Margin

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

Product Listings

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