AOV alone is misleading - the CVR/RPS trap, and 10 tactics to lift order value
📰 Dev.to · toshihiro shishido
Learn why tracking Average Order Value (AOV) alone is misleading and discover 10 tactics to lift order value, considering the impact of Conversion Rate (CVR) and Revenue Per Session (RPS)
Action Steps
- Calculate your current AOV and CVR to understand their impact on revenue
- Analyze the relationship between AOV and CVR to identify potential cancellation effects
- Apply the 10 tactics to lift order value, such as offering bundles or loyalty programs
- Track the impact of each tactic on AOV, CVR, and RPS
- Use the RPS decision frame to evaluate and prioritize tactics
Who Needs to Know This
E-commerce and marketing teams can benefit from understanding the relationship between AOV, CVR, and RPS to optimize their revenue strategies
Key Insight
💡 Tracking AOV alone can hide cancellation effects with CVR, so it's essential to consider the interplay between these metrics
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📈 Boost revenue by looking beyond AOV! Consider CVR and RPS to optimize your e-commerce strategy
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