8 Ways to Increase Your Average Order Value (Works for Any Business!)

In this episode, learn how to increase your average order value (AOV) and get more value out of your loyal customers. ———Get a Free Marketing Review ➡️ https://exposureninja.com/ryt/review/ Whether you're growing an eCommerce store or want to get more people to sign up for a B2B service (ahem, like digital marketing), average order value is one of the most important metrics for any business. How much each customer spends defines your profitability and, to a large extent, your marketing budget. As the name suggests, average order value is the average amount of money customers spend when shopping in your store or paying for your services. Your average order value is a critical metric for measuring your digital marketing ROI and helps you determine whether you’re maximising your customers’ potential value. A high average order value puts you in a better position to offset your customer acquisition costs, grow profits and increase your marketing budget to generate more leads. In other words, high average order value = great. The challenge, however, is figuring out how to grow your average order value without increasing your marketing spend. Join us as Head Ninja Tim breaks down 8 tried and proven strategies to increase average order value, complete with real-world examples for each. ⏲ Timestamps 00:00 — Introduction 03:58 — Average Order Value (AOV) Examples 07:45 — Strategies for Increasing Your Average Order Value 07:54 — AOV Strategy #1 Product Bundles 09:56 — AOV Strategy #2 Cross-Selling 11:14 — AOV Strategy #3 Something Free When You Buy X 11:54 — AOV Strategy #4 Threshold Free Shipping or Free Gifts 13:42 — AOV Strategy #5 Loyalty Programme 15:44 — AOV Strategy #6 Upsell at Checkout 16:13 — Quick Explainer on Subscriptions 19:19 — AOV Strategy #7 Premium Options 22:16 — AOV Strategy #8 Memberships 23:49 — Bringing it All Together 🔗 Resources and Featured Sites Serenata Flowers https://www.serenataflowers.com/ Mint Formations https://www.mintformations.co.uk/ Tesla https://www.tesla.com/en_gb Nintendo Switch™ https://www.nintendo.com/switch/ Catipilla https://www.catipilla.com/ Boots https://www.boots.com/ Currys https://www.currys.co.uk/gbuk/index.html Grammarly https://app.grammarly.com/ Ordnance Survey https://www.ordnancesurvey.co.uk/ Fabletics https://www.fabletics.co.uk/ 🎥 Enjoyed This Video? You'll Love These Too How To Write Perfect* Page Titles and Meta Descriptions for SEO https://www.youtube.com/watch?v=rzxnwSR3i8A How to Choose the Right Keywords for SEO https://www.youtube.com/watch?v=_2eAXgvFOkg How To Get To The Top of Google https://www.youtube.com/watch?v=Cti-BUkCFZI Best SEO Tools — 🥊 Tested and Compared https://www.youtube.com/watch?v=iT8kM9eErgE How to Easily Increase Online Sales for a Small Business https://www.youtube.com/watch?v=5LrGZiIzqq8 How To Get Featured Snippets on Google https://www.youtube.com/watch?v=TytnOQ5Zbrk 6 Tips to Increase Your eCommerce Sales https://www.youtube.com/watch?v=GFA2xyyMRgQ How To Create Landing Pages That Convert at 43% https://www.youtube.com/watch?v=jR7z2ph4DrA How To Reach 100 Sales a Day on Your Website https://www.youtube.com/watch?v=g5pHYRJxF0E Unlocking Gymshark's £150 Million Marketing Strategy Success Story https://www.youtube.com/watch?v=uQ_rAb2qTNQ 📺 How to Increase Your Ranking, Traffic, and Leads/Sales How To Increase Your Ranking https://www.youtube.com/watch?v=9pCbNCtQS38&list=PL6KnGdn57AO8KP5fiwnzFCdYn-TVvs-LK How To Increase Your Traffic https://www.youtube.com/watch?v=rzxnwSR3i8A&list=PL6KnGdn57AO-GfI7YHWjk-QF8EagO3NdK How To Increase Your Leads and Sales https://www.youtube.com/watch?v=HUUl5adK89Q&list=PL6KnGdn57AO8vYwRxF3hN6OuJ50IB9y8u 🔎 Request a Marketing Review Struggling to get more traffic? Struggling to increase your leads and sales? We're here to help. Request a review of your website and we'll send you a video outlining how we'll increase your traffic, leads, and sales. https://exposureninja.com/ryt/review/ 🔥 Try Semrush for FREE (Exclusive to Exposure Ninja) https://thankyouninjas.com/ 🔥 Try SE Ranking for FREE http://bestninjatool.com 🎤 Listen To Our Podcast Spotify: https://bit.ly/ENpodcastSpotify iTunes: https://bit.ly/ENPodcastItunes 🤩 Follow Us on Social Media LinkedIn: https://www.linkedin.com/company/exposureninja Twitter: https://twitter.com/exposureninja Facebook: https://www.facebook.com/ExposureNinja/ Instagram: https://www.instagram.com/exposureninja/ 📧 Get in Touch Have a question for our team? Have a subject you'd like covered? Email us at [email protected] 👋 Who Are Exposure Ninja? Exposure Ninja is a full-service digital marketing agency offering search engine optimisation (SEO), content marketing, PPC (Google Ads and Facebook Ads), influencer outreach, email marketing, and website design and development. #ExposureNinja #DigitalMarketing #AverageOrderValue https://youtu.be/P1e9kGtpBFg