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Looking for a way to increase your Average Order Value?

Average Order Value (AOV) is one of the simplest eCommerce metrics to look at to analyze business growth. But how do you increase it? Does increasing AOV actually help your business?

In this article, we’re going to take a deeper look at what average order value, why you should optimize it, and some really easy ways to increase your AOV.

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PushEngage er det #1 push-notifikationsplugin i verden. Få det gratis!

What is Average Order Value?

Average order value (AOV) is a metric that measures the average amount of money spent per order on a website or in an eCommerce store. You can calculate it by dividing the total revenue by the number of orders.

For example, if a store had 100 orders and a total revenue of $10,000, the AOV would be $100 ($10,000 / 100 orders).

AOV is an important metric for your business because it can help you understand the value of your customer base and identify opportunities to increase sales. By increasing the AOV, your business can generate more revenue from each customer, which can help them grow your overall sales and profitability.

There are several strategies you can use to increase their AOV, such as offering bundle discounts, upselling related products, and using bundle pricing. By effectively implementing these strategies, you can drive more sales and increase their AOV over time. We’ll talk about it in more detail soon.

Is Average Order Value the Best eCommerce Metric?

While increasing average order value (AOV) can be a useful way to grow a business, there are a few potential drawbacks to consider. Increasing your AOV may:

• Lead to higher customer acquisition costs: To increase AOV, you may need to invest more in marketing and customer acquisition efforts. This can increase the cost of acquiring new customers, which may impact the overall profitability of the business.
• Not be sustainable in the long term: Increasing AOV may not be a sustainable strategy in the long term, as customers may eventually reach a point where they are unwilling to spend more on each order. So, it’s best to focus on AOV when you’re running a seasonal sale.
• Lead to customer dissatisfaction: If you focus too heavily on increasing AOV, you might annoy your customers by pushing them to buy more products than they need or want. This can lead to customer dissatisfaction and potentially harm your business’s reputation.
• Not be feasible for all businesses: Depending on the nature of your business and its products, it may not be feasible to increase AOV. For example, if you sell low-priced products, you may have a harder time increasing AOV than businesses that sell higher-priced products.

Overall, it’s important to carefully consider the potential drawbacks of increasing AOV and take a balanced approach. Short term growth may force you to lose loyal customers that would have had a lasting impact on your business.

Ways to Increase Your Store’s Average Order Value

Now that you understand what Average Order Value is and why you should care, it’s time to check out how to increase your AOV. Keep in mind that almost all our tips require some marketing tool or the other. Before you start optimizing your AOV, you need to be 100% sure that you need to focus on it at all.

#1. Create a Minimum Order Value for Free Shipping

Free shipping can get you a lot of sales. But if you’re looking to increase your average order value, you need to stop giving it away for your cheaper products. One way to do it is to have a Minimum Order Value for free shipping.

The Minimum order value (MOV) for free shipping is the minimum amount of money that a customer must spend in your store to get free shipping on their order. You can use this marketing strategy to encourage customers to spend more money on your website.

When you set a minimum order value, it reduces the amount of money you have to spend on each order for shipping and handling. The reduced cost makes it easier to maintain profitability.

Another reason to implement a Minimum Order Value for free shipping is to nudge your customers to buy more items in a single order. This can increase the Average Order Value pretty easily.

#2. Bundle Products and Create Packages

Bundling products is a common strategy for increasing the average order value (AOV) of a business. By bundling products together and selling them as a package, you can often sell more products at a higher price than if you were to sell them individually.

Here are a few tips for using product bundling to increase your AOV:

• Choose complementary products.
• Offer bundle discounts.
• Use bundle pricing.

If you stick to these three basic principles, you can create packages that sell like hot cakes. It’s a great way to increase your Average Order Value.

#3. Upsell and Cross-Sell Complimentary Products

Ifølge Amazon kommer 35% af deres salg fra mersalg. Mersalgs push-notifikationer er kampagner, der automatisk mersælger produkter til dine kunder. Mersalgs push-notifikationer hjælper dig med at øge salget, da du har 60-70% større sandsynlighed for at sælge til en eksisterende kunde.

Upselling is a method of getting users to upgrade to a more expensive product or a better version of a product that they’re already buying. Cross-selling is selling related or complementary products to a customer.

Cross-selling and upselling are the most effective methods of marketing. You can easily increase your Average Order Value (AOV) using cross-selling and upselling campaigns. One easy way to do it is to create cross-selling push notifications like this one:

Check out this article for a step-by-step guide on how to create cross-selling push notifications. You can use the same technique to create upselling notifications as well.

#4. Increase Average Order Value Using Loyalty Programs

Reality check: It’s cheaper to retain an existing customer than it is to get and onboard a new client. If you’re focusing on getting new customers all the time, it may be a good idea to also spend a part of your budget and time to retain your existing customers.

So, what can you do? One really simple way to make your customers feel important and valued is to create a loyalty program. And no, loyalty programs aren’t meant just for airlines. Almost every big brand has a rewards program now. One easy way to do it is to use push notifications like this one:

And if you want to take it one step further, you can reward your loyal customers in different ways.

Hvis du er ny til loyalitetsprogrammer og aldrig har sat et op før, så prøv at bruge Yotpo. Yotpo hjælper dig med at oprette øjeblikkelige loyalitetsprogrammer til dit website. Og du behøver slet ikke at kunne noget kode for at implementere det.

#5. Add a Live Chat to Your Site

Having a live chatbox on your site can be really effective tool for website engagement. Using a live chat tool on your site, you can easily set up chatbox triggers for:

• Customers spending a lot of time on the product or checkout page
• Customers adding products to their cart, but unable to pay for it
• Customers with high cart value to offer a coupon or discount

These are all automated triggers that can help you convert a lot of potential customers very quickly. We recommend using LiveChat.

LiveChat is a live chat tool for conversational marketing and sales. If you’re selling products online or collecting leads for an agency, we highly recommend using this plugin.

The chatbox will ping your customers when any of the automated triggers get fired. And from there, you can have a Customer Service rep take over and help the customers make a purchase decision.

#6. Use Audience Segmentation to Increase Conversions

Segmenting your audience by interests and behavior makes your campaigns more click worthy. If you send offers and promotions that are more relevant to your audience, your conversions will skyrocket.

For instance, if you segment your push notification subscribers, you will get far better clicks on them.

Automatisk segmentering af dine abonnenter gør det super nemt for dig at sende personlige push-notifikationskampagner. På den måde kan du forbedre klik på push-notifikationer, hvilket igen driver mere tilbagevendende trafik til dit websted.

And this is super easy to set up with PushEngage. Normally, you’d have to use a Javascript API to create segments. With PushEngage, you still have that option, but the easiest way to do it is from your PushEngage dashboard. Head over to Audience » Segments and click on Create a New Segment:

Og opret en regel, der automatisk segmenterer dine abonnenter baseret på de URL'er, de browser:

I eksemplet har vi oprettet et segment kaldet "Sample Segment", der automatisk segmenterer abonnenter, når de besøger URL'er på dit websted med ordet "examples" i sig. Du kan stort set bruge ethvert nøgleord, du ønsker, her.

Når du er tilfreds med reglen, skal du klikke på Create.

#7. Downsell Addons

Downselling is a sales technique where you try to persuade a customer to purchase a less expensive product or service, instead of the one they initially wanted. This can be done for a variety of reasons, such as if the customer doesn’t have the budget for the more expensive option, or if the less expensive option meets their needs just as well.

Think of a store that stocks candy and cigarettes at the checkout. Downselling works best on impulse purchases and addons. There are a few strategies you can use when downselling addons:

• Explain the value of the less expensive option: Explain how the lower-priced addon still meets the customer’s needs and provides value.
• Highlight the drawbacks of the more expensive option: Point out any downsides or unnecessary features of the more expensive addon that the customer may not need.
• Offer alternatives: Suggest other options or addons that may be more suitable for the customer’s needs and budget.
• Use scarcity or urgency: Create a sense of urgency by mentioning limited availability or a limited-time offer on the less expensive option.

It’s important to be honest and transparent with the customer, and to never pressure them into making a decision. Instead, focus on helping them make an informed choice that best meets their needs and budget.

#8. Use an Exit-Intent Popup for Higher Sales

Exit intent popups are a type of marketing tool that is designed to capture the attention of website visitors who are about to leave the site. These popups typically appear when a visitor moves their cursor outside of the browser window or scrolls to the bottom of the page, indicating that they are about to leave.

Exit intent popups are a type of marketing tool that is designed to capture the attention of website visitors who are about to leave the site. These popups typically appear when a visitor moves their cursor outside of the browser window or scrolls to the bottom of the page, indicating that they are about to leave.

Exit intent popups can be used to try to persuade visitors to stay on the site and make a purchase or take some other desired action. It’s important to use exit intent popups sparingly and in a way that is respectful of the visitor’s experience. Overusing popups or using them in a way that is intrusive or annoying can lead to a negative user experience and may ultimately harm your sales efforts.

#9. Add a Click to Subscribe Button to Your Popup

Push-notifikationer hjælper dig med at øge din webtrafik og dit engagement automatisk. Og hvis du driver en onlinebutik, hjælper PushEngage dig også med at øge dit salg ved at hjælpe dig med at oprette automatiserede e-handels-push-notifikationer.

Du kan komme i gang gratis, men hvis du er seriøs omkring at vækste din forretning, bør du købe en betalt plan. Før du køber en push-notifikationstjeneste, bør du også se denne guide til priser på push-notifikationer.

Her er et hurtigt overblik over, hvad du får med PushEngage:

• Højt konverterende automatiserede kampagner
• Flere målretnings- og kampagneplanlægningsmuligheder
• Målsporing og avanceret analyse
• Smart A/B-test
• En dedikeret succesmanager

Du vil se, at PushEngage uden tvivl er det bedste valg, hvis du vil opbygge trafik, engagement og salg for din virksomhed. Og hvis du har et stramt budget, kan du altid være lidt kreativ med dine push-notifikationer.

Tilføj først en HTML-blok til din popup fra sidepanelet i OptinMonster.

Her er, hvor vi skal tilføje koden til at indsamle push-notifikationsabonnenter. Indsæt først følgende kode for at oprette en klikbar knap:

<button onclick="subscribeOnClickButton()" style="border: none; width: 100%; padding-left: 15%; padding-right:15%; text-align: center; display: inline-block; color: white;">Get Updates via Push Notifications</button>

Indsæt koden, hvor der står, at du kan tilføje HTML:

Selvfølgelig kan du lege med stilarterne for at gøre den mere tiltalende. Dernæst vil vi få knappen til at indsamle push-notifikationsabonnenter, når der klikkes på den.

Gå til PushEngage hjemmeside og klik på knappen Kom i gang :

Vælg derefter gratisplanen for at prøve PushEngage, eller vælg en betalt plan, hvis du er seriøs omkring at udvide din virksomhed. De betalte planer kommer med flere kampagnemuligheder og muligheden for at opbygge endnu større abonnentlister.

På dit PushEngage dashboard skal du gå til Sideindstillinger » Sideoplysninger og klikke på knappen Klik her for opsætningsinstruktioner. Under Enhver side får du din installationskode:

ADVARSEL: Du skal kopiere den kode, du får fra dit dashboard. Koden er unik for hver PushEngage-bruger. Du kan ikke kopiere koden på billedet og indsamle push-notifikationsabonnenter.

Når du har koden i dit PushEngage-dashboard, skal du tage det andet script og tilføje lidt ekstra kode til det. Din endelige kode skal se nogenlunde sådan ud:

<script src="https://clientcdn.pushengage.com/core/02a6e92667ae2279fcba8932356c1d93.js" async></script>
<script> window._peq = window._peq || [];
function subscribeOnClickButton(){
window._peq.push(['subscribe',{}.pe,function(res){
console.log(res);
}]);
}
</script>

Tilføj denne kode til HTML-blokken i OptinMonster lige efter koden til din knap og mellem <div></div> kodeblokken, og du er færdig!

#10. Create a Welcome Campaign

A website welcome message is a perfect way to re-engage with your audience without being intrusive. Your subscribers will WANT a way to confirm that they’re really subscribed to your emails and push notifications. Creating an automated sequence of welcome push notifications is the perfect way to onboard website visitors.

Vi vil udforske præcis, hvor meget du kan gøre med denne simple kampagne, mens vi gennemgår vores eksempler.

But for now, just know that if you haven’t created your website welcome yet, you really need to start right now. It’s not like you can only use emails and push notifications either. If you’re using popups on your website, you should check out welcome mats.

If you’re trying to create epic popups with welcome messages you should get started with OptinMonster. OptinMonster is the world’s best conversion optimization toolkit and it’s super easy to create popups to convert more website visitors into email subscribers.

You get a ton of advanced options such as using the visitor’s username, location, dates, and more to personalize your welcome popups. And the best part is that you can target new and returning visitors with different campaigns to convert them in a more organic way.

#11. Create Time-Sensitive Offers

If you have a sales promotion coming up, you simply must add a countdown timer to your site. We’ve tested animated timers to grow our own sales and the results and incredible.

Using a countdown timer can be an effective way to increase sales by creating a sense of urgency and encouraging customers to make a purchase before the timer runs out.

The duration of your countdown timer should be appropriate for the nature of your offer. If you’re offering a limited-time discount, a timer that counts down from a few hours or a day might be appropriate. For a more significant offer, you might want to use a timer that counts down from a week or more.

#12. Offer Social Proof Through the Checkout Flow

Social proof is the practice of telling your website visitors that other people trust your business and buy from you. There are several forms of social proof that you can include on your website such as:

• Casestudier
• Udtalelser
• Reviews
• Instagram feeds
• Twitter mentions
• YouTube videos

And more. We recommend using TrustPulse to create popups like this one for social proof:

For dem af jer, der lige opdager, hvad TrustPulse er, her er det væsentlige...

TrustPulse er en social proof software, som du kan tilføje til enhver side. Den skaber social proof popups, der hjælper med at øge sidekonverteringer øjeblikkeligt. TrustPulse er fantastisk til sider, der sælger et produkt online. Men den er så enkel, kraftfuld og nem at bruge, at du også kan installere TrustPulse på en blogside for at øge dit engagement.

Check out our full review of TrustPulse to get a better idea of how you can use it to create social proof for your site.

#13. Add Multiple Payment Options

Stripe allows credit card payments on your WordPress site. The best part is that the payment gateway allows multiple payment formats including recurring payments.

To be clear: Your customers don’t need a Stripe account to pay using credit cards. They can simply buy from your site as they would with any credit card processor.

It’s also used by some of the biggest names in the world including Target, Lyft, and UNICEF. So, you know that you can trust your payments to always get processed.

But the #1 reason why we like Stripe so much is their transparency. There are no hidden fees. If you’ve used PayPal to accept payments before, you know how much of a problem hidden fees can be with other payment processors and gateways. We recommend using WP Simple Pay to process your payments.

WP Simple Pay is exactly what it sounds like. It makes online payments simple on your WordPress site. It’s easy to use, highly reliable and requires zero coding to set up.

The best part? WP Simple Pay helps you focus on creating products and selling them without having to worry about accepting payments from across the world. It’s also one of the best WordPress Stripe plugins in the world.

Alle kunde- og betalingsoplysninger gemmes på din Stripe-konto, ikke på din WordPress-hjemmeside. Som et resultat vil plugin'et ikke belaste din side som andre alternativer. WP Simple Pay tilbyder den simpleste måde at tilføje Stripe-betalinger til din WordPress-side.

And setting up WP Simple Pay is super simple.

Here’s a quick look at the top features in WP Simple Pay Pro:

• Payment Form Builder
• Stripe Checkout Payment Pages Builder
• Custom Amount Payments
• Custom Subscription Options
• Discounts with Coupon Codes
• Alternative Payment Methods
• Customized Payment Confirmation Flow

And more! You can get a closer look at the features in our review of WP Simple Pay Pro.

What to do After Increasing Your Average Order Value

Now that you know how to increase your Average Order Value, you should look at other important eCommerce metrics as well. One of the easiest ways to grow an eCommerce business is to use push notifications. Check out our article on eCommerce push notifications after you implement the tactics in this article.

Push notifications are a powerful marketing tool that can help you get more traffic, engagement, and sales. Not convinced? Check out these epic resources to get started:

• Sådan opsættes push-meddelelser om forladte indkøbskurve (nem vejledning)
• How to Install a Web Notifications WordPress Plugin to Your Site
• Sådan udføres A/B-test af push-meddelelser (bedste praksis)
• 7 bedste praksisser for push-meddelelser for at få øjeblikkelig trafik
• 21 Best eCommerce WordPress Plugins (Free and Paid)

We recommend using PushEngage to send your push notifications. Once you go through all these resources, you’ll realize that PushEngage is the #1 push notifications software in the market.  So, if you haven’t already, get started with PushEngage today!