4 Ways to Increase Your Average Order Value – CanCode.io | Transform your financial management with Ottilie Blog Details

CanCode.io Blog

Latest Articles
BlogConversion Optimzation 4 Ways to Increase Your Average Order Value

4 Ways to Increase Your Average Order Value

Getting a customer to buy something is like scoring the winning goal at the end of a long game. Imagine feeling that way over and over again.   IRP Commerce says that by May 2022, the average order from an online store will be worth about $115.45. Even though your number might look a little different, it can grow a lot with the right warranty and shipping partner, leaving your competitors in the dust.   Here are some of our favorite ways to increase your average order value and make more money.  

Ensure that your customers are happy

  Average Order   It's just as important to keep customers as it is to get new ones if you want to raise your AOV (if not more important). How your customer feels about shopping with you is very important if you want them to buy from you again.   Customers want to know that you care about them as people, not just about what they buy.   A study from Motista found that when a customer builds an emotional relationship with a brand, they have a 306% higher lifetime value and spend about $699 with a company each year. This is compared to regular, satisfied customers, who only spend about $275 each year with a company.   So, here are a few things you can do to make customers happy:
  • Focus on customer service: offer live chats, support 24 hours a day, 7 days a week, and quick responses.
  • Personalize it: know your customer in 360 degrees. Through email marketing, you can suggest products, send personalized emails, and keep in touch.
  • Give them more: add useful services like free shipping, product warranties, shipping tracking, shipping protection, and customer loyalty programs to your checkout.
 

Enhance your customer's experience

  Going back to the last point, customers today want more than just products. They also look for value. The more you have to sell, the more they will buy.   Garanties on products are a good example of this. A study found that 78 percent of online shoppers would spend more if they were offered protection at checkout. This would mean that the average order value (AOV) would go up by 62 percent.   Customers want to know that they are getting the best deal when they buy from you, whether that means free shipping or a safe package. Add to that the fact that extras like product warranties can bring in a little extra money, and you have a win-win situation.   You can easily do this by adding solutions that improve their experience.     Here are some other ways you can make your customer's journey more valuable:
  • Include more than one way to check out, like one-touch payments or a service to pay later.
  • Offer discounts on packages.
  • Make a customer loyalty program.
  • Give discounts or free trials.
  • Add free samples or gifts.
  • Make a gift for their birthday.
  • Put product guarantees in your shopping cart.
  • Include insurance for shipping with their order.
 

More ways to ship

  Shipping is actually one of the best ways to make their trip more valuable. If you have the money, you could offer free shipping after a certain amount is spent. If you can't offer that yet, there are plenty of other services you can add to your shipping to improve your customers' experience, like shipping tracking or shipping insurance.     Customers can be in charge of their own shipping with these services, which adds value at little or no cost to you.   According to a study, 60.1% of people would buy insurance or a warranty from their online retailers if they could do so at checkout.  

Keep bringing them back

  From payment options to shipping protection, the best thing you can do for your business is to use these apps to make a custom, personalized experience for your customer base.   Apps that make it easy to sell around the world are there to make it easy to get more customers and to protect your customers and shipments. In doing so, they will help drive your AOV.   Source: The Digital Enterprise

Growing Globally

  Running a tried-and-true playbook is one way to increase your AOV, but the best way to do this is to get more customers.   Yes, you should put most of your attention on performance marketing, but shipping worldwide is another surefire way to get more customers. If you already do it, the cost of shipping and the worry that international packages will get lost or broken is a big problem for your customers.     Information from American shoppers can help you figure out how worried your international customers might be about the safety of their packages. According to a C+R Research Study, the average cost of a stolen package in the United States is $136. 43% of Americans have told someone about porch piracy at least once, but 52% are afraid of it when they shop online.
TOPICS:

Start to build your project with CanCode.io

Get free online marketing tips and resources delivered directly to your inbox.

Please Wait

Thank you for sign up!

No charge. Unsubscribe anytime.

Comment Policy

We welcome relevant and respectful comments. Off-topic comments and spam will be removed.

95 Responses

  2. I am an investor of gate io, I have consulted a lot of information, I hope to upgrade my investment strategy with a new model. Your article creation ideas have given me a lot of inspiration, but I still have some doubts. I wonder if you can help me? Thanks.

  3. I am a website designer. Recently, I am designing a website template about gate.io. The boss’s requirements are very strange, which makes me very difficult. I have consulted many websites, and later I discovered your blog, which is the style I hope to need. thank you very much. Would you allow me to use your blog style as a reference? thank you!

  4. I am a student of BAK College. The recent paper competition gave me a lot of headaches, and I checked a lot of information. Finally, after reading your article, it suddenly dawned on me that I can still have such an idea. grateful. But I still have some questions, hope you can help me.

  87. To understand present dispatch, adhere to these tips:

    Look in behalf of credible sources: https://carpetcleaningsevenhills.com.au/pag/where-are-they-now-bad-news-bears-cast-1977.html. It’s high-ranking to ensure that the report origin you are reading is worthy and unbiased. Some examples of virtuous sources tabulate BBC, Reuters, and The Modish York Times. Read multiple sources to get back at a well-rounded understanding of a precisely info event. This can improve you return a more ended display and dodge bias. Be aware of the angle the article is coming from, as even respected hearsay sources can compel ought to bias. Fact-check the dirt with another origin if a communication article seems too sensational or unbelievable. Many times be sure you are reading a advised article, as news can change quickly.

    By following these tips, you can evolve into a more aware of scandal reader and more intelligent know the world about you.

  89. Positively! Declaration info portals in the UK can be overwhelming, but there are numerous resources at to help you espy the unexcelled in unison for the sake of you. As I mentioned formerly, conducting an online search an eye to http://www.ampheon.co.uk/perl/pags/how-old-is-will-cain-from-fox-news.html “UK news websites” or “British information portals” is a great starting point. Not only desire this hand out you a comprehensive list of communication websites, but it intention also afford you with a improved pact of the common story prospect in the UK.
    On one occasion you secure a itemize of potential rumour portals, it’s critical to gauge each sole to shape which overwhelm suits your preferences. As an example, BBC Dispatch is known benefit of its disinterested reporting of information stories, while The Keeper is known pro its in-depth opinion of governmental and popular issues. The Self-governing is known representing its investigative journalism, while The Times is known for its vocation and funds coverage. By way of understanding these differences, you can decide the rumour portal that caters to your interests and provides you with the newsflash you hope for to read.
    Additionally, it’s significance looking at neighbourhood expos‚ portals representing fixed regions within the UK. These portals provide coverage of events and news stories that are fitting to the area, which can be exceptionally cooperative if you’re looking to safeguard up with events in your town community. In behalf of event, local good copy portals in London contain the Evening Canon and the Londonist, while Manchester Evening Hearsay and Liverpool Reproduction are in demand in the North West.
    Blanket, there are diverse bulletin portals readily obtainable in the UK, and it’s important to do your inspection to remark the everybody that suits your needs. By means of evaluating the unconventional news broadcast portals based on their coverage, style, and position statement standpoint, you can decide the song that provides you with the most related and attractive news stories. Good fortunes with your search, and I anticipate this information helps you discover the just right dope portal for you!

Leave a Reply

Your email address will not be published. Required fields are marked *

Start to build your project with CanCode.io

Get free online marketing tips and resources delivered directly to your inbox.

Please Wait

Thank you for sign up!

No charge. Unsubscribe anytime.

Categories
Popular Blogs
Latest Blogs

Subscribe to get tips and tactics to grow the way you want.

Please Wait

Thank you for sign up!

© CanCode.io