What are some things you can do to boost your average order value?

1Answer

There is a slew of strategies you can use to improve your AOV. Here are the three most common ones:

 

1. Social Validation

What better way to promote your product than to have other consumers do so? This is why social proof is so important. Customers are affected by the opinions and experiences of other customers who have already purchased the commodity, according to studies.

 

2. Cross-selling and upselling

Two well-known strategies for increasing AOV are upselling and cross-selling. You offer consumers a better, more advanced version of the product they're looking at when you upsell. Cross-selling, on the other hand, requires you to show items that your buyers would want in addition to the one they're already planning to purchase.

 

3. Customer Loyalty Programs

Customer loyalty is critical and creating a program that emphasizes it is critical. Try establishing a loyalty program if you sell goods that your customers can only use once in a while. This can take the form of memberships, points, or product discounts, among other things. This not only lets you keep the consumer for longer, but it also raises your AOV because they're more likely to buy more.

 

Now that you know what AOV is and how to increase it, there's one more thing to keep in mind. None of this matters if your customer satisfaction score is poor.

 

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