KPIs for AOV?
Asked 3 years ago
Hello, can anyone provide me with a list of KPIs they track for measure/calculating average order value? Thank you.
Jolina Regin
Wednesday, February 22, 2023
You can use total revenue and the number of orders metric to track AOV. You can calculate it daily, weekly, or even monthly.
AOV is important since it helps a business understand and monitor customer purchasing patterns. Other KPIs you can measure alongside AOV are Customer Acquisition Cost (CAC) and gross profit margin.
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