Launching Superjoin for Finance, an Excel AI Agent built for Modeling & Analysis -> Learn More 🎉

Launching Superjoin for Finance, an Excel AI Agent built for Modeling & Analysis -> Learn More 🎉

Average Order Value

Glossary

Glossary

Average Order Value

Glossary

Average Order Value

Definition

The average amount of money spent each time a customer places an order. It is calculated by dividing the total revenue by the number of orders. This metric helps businesses understand customer purchasing behavior and optimize their pricing and marketing strategies.

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