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==== 5. Average Order Value (AOV) ==== '''Definition:''' AOV is the average amount of money spent each time a customer makes a purchase through your affiliate link. '''Example:''' If your total sales amount to $1,000 from 20 orders, your AOV is $50. '''Why Itβs Important:''' A higher AOV means more revenue per transaction, which can boost your overall earnings. '''Action Step:''' Promote products that increase AOV, such as bundles or high-ticket items. Encourage customers to purchase more through upselling and cross-selling techniques.
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