You’re selling local food online. You have loyal customers, good products, and high web traffic to your online store. But you’re still looking for ways to grow. LFM is here to help. Our newest guide, Increasing Average Order Value, is free to download and full of expert tips to help you sell more with each order.
What is Average Order Value and Why Does it Matter?
Average order value (AOV) measures the average amount your customers are spending each order. In other words, a higher AOV means that more customers are spending more money at your store per visit. It’s a key part of your revenue equation:
(Number of Orders) X (Average Order Size) = Revenue
By focusing on increasing AOV, your business can grow even when the total number of customers and orders remains the same. In fact, a business can even lose customers, and still grow its revenue.
By reading this guide, we hope you’ll find both small and big ways to encourage your current customers to order more, each time they visit your online store. You’ll grow your revenue, and you’ll also nurture your relationship with your customer base. At the end of the day, it’s good customer service.
Where can I get the guide?
LFM’s latest whitepaper is now available for free instant download! Just share your email below, and you’ll be able to download the guide and start reading right away!
