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Average order value for orders placed by customers in the cohort, tracked over time as the cohort matures.

Formula

Cohort AOV = Cohort Revenue ÷ Cohort Order Count

Formula Components


Example

AOV trends for a Q1 2024 cohort across their purchase history:

How It Works

Cohort AOV tracks whether customers increase their order sizes over time. Many businesses see AOV grow as customers become more familiar with the product range. This metric helps distinguish between cohorts that grow basket sizes versus those that maintain flat spending patterns. Data is synced from your Shopify orders.

When to Use


See all LTV metrics →