What is AOV?
AOV stands for Average Order Value. It measures the average amount of revenue generated each time a customer completes an order.
Example
If an ecommerce store generates 15,000 in revenue from 200 orders:
15,000 ÷ 200 =75.00 AOV
Why does AOV matter for paid media?
Average order value directly affects how much revenue each conversion can generate. Improving AOV can increase ROAS even if advertising spend, conversion volume and CPA remain unchanged.
AOV is particularly useful alongside conversion rate, CPA and ROAS when forecasting ecommerce campaign performance.