What is the average order value in sales?

Celly Swehykol 3.6.2023 08:37

So, if I understand correctly, the average order value gives an overview of the average amount that customers spend when they make a purchase. I see how this information can be useful for evaluating the effectiveness of marketing campaigns and identifying opportunities to increase revenue. It seems to be an important indicator that needs to be constantly monitored. Are there any specific strategies or tactics we can use to improve our average order value?