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

Generic Brand

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

Baseline Sales

Amount of organic sales for a product in a marketplace without any marketing effort.

Forward Buying

Refers to the purchase of goods in quantities greater than immediately needed, with the intent to