Increasing the Average Order Value in Your Shop + 8 Shopify Apps To Increase Average Order Value
Sometimes shop owners focus a lot of their time on just increasing traffic to their website and not worrying about orders on the website. If you focus on increasing your average order, then you can take advantage of that traffic that is coming. That’s why episode 42 of the Product Powerhouse Podcast is about increasing your average order value!
In this episode of the Product Powerhouse Podcast, I’m sharing the importance of increasing your average order value (AOV for short) and actionable steps you can take right now to get started and use my tips to work for YOUR business.
Some of the talking points I go over in this episode include:
What is average order value and why you should care about it.
8 actionable tips to increase your average order value and knowing which tips are right for your business.
Using the tips we learned to benefit your business while avoiding a decrease in profit margin or looking too gimmicky to your customers.
Free or inexpensive apps to help you implement these tips within your Shopify store.
If you found this episode helpful in learning why your AOV is important, how to even increase your average order value, and some apps that can help get you started, I would love to hear from you. Be sure to tune in to all the episodes to receive tons of practical tips on growing your product shop and to hear even more about the points outlined above.
Thank you for listening!
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Bundler helps you boost sales and increase your average order value by applying discounts on products bought in bundles, so people are encouraged to buy more products per order. So it will say like buy more and save, and the price will go down when they are more products to their carts.
If you are going to offer product bundles with a discount, make sure that you include the discount in your pricing margins.
Two great apps for creating loyalty programs. I really like stamped, because they also have a review app and it connects to the loyalty app so that your customers get points for also leaving reviews. I figure you might as well use one system for both things, right?