Average order value (AOV)
Average order value, usually shortened to AOV, is total takings divided by the number of orders over the same period. It is the most useful single number in a takeaway or a shop: almost every improvement either raises order value or raises order count, and raising value is normally the cheaper of the two. It also decides what a commission rate costs you in cash, because a percentage of a bigger basket is a bigger number.
In practice
Average order value is takings divided by orders over the same period. It is the most useful single number in a takeaway or a shop, because almost every improvement either raises it or raises order count, and raising AOV is usually cheaper.
It also decides how much a commission rate actually costs you: the same percentage on a higher AOV takes more cash per order, which is why busy shops with large baskets feel aggregator fees most sharply. When vendors advertise a result like "30% AOV increase", that is the measure they mean, and it is worth asking over what period and against what baseline.
The practical levers are the ones a screen does better than a person: offering the side every time, showing the meal deal next to the item rather than on another page, and making the second item two taps away instead of five.
Also called: AOV, basket size.