Luca Barberis

Are average order values growing on each side?

№ 042 · AOV trend by side

01

Definition

MetricAverage order value, tracked separately for buyer segments and seller segments

Unitcurrency per order

Two lines: buyer AOV and seller AOV (average order value seen from each side, which differs because of fees). Both rising means healthy marketplace inflation. Build by averaging order value separately for the two perspectives per period. Example: buyer AOV $84 to $96; seller AOV $77 to $87.

AOV
Average order value. Gross merchandise value divided by number of orders.
02

Benchmarks

Bottom 30%MedianTop 30%
AOV below the vertical band and falling, or growing only through price inflation while units per order declineglobal e-commerce AOV approx $150 (late 2025), Americas approx $183, APAC approx $135, EMEA approx $128; desktop approx $192 vs mobile approx $133; DTC paid-channel median approx $74 (Triple Whale)AOV above the vertical band and rising on constant mix; global top verticals: luxury and jewelry approx $328, consumer goods approx $296, home approx $264

global e-commerce networks 2024-2025 (Dynamic Yield 300M sessions, Grips 200K+ merchants, Salesforce 1B shoppers); marketplace AOV should be compared within vertical and geography, and by side: buyer AOV vs average sale value per seller move independently · Sources disagree by dataset composition: network medians (Triple Whale approx $74 for DTC paid) sit far below session-weighted global averages (approx $150); pick the comparable population. Mobile-heavy SEA marketplaces will benchmark closer to the APAC mobile figures. AOV rising from price inflation alone is not pricing power; track units per order beside it.

By category
CategoryBottom 30%MedianTop 30%
Luxury and jewelrymaterially below with rising return ratesapprox $328above $328
Home and furniturebelow $200approx $264-266above $264-266
Fashion and apparelbelow the dataset band with falling units per orderapprox $97-191 depending on datasetabove $191
Beauty and consumablessingle-unit orders dominatingapprox $67-151above $151 via bundles
03

When it looks bad

Buyer-side AOV drifts down while order counts hold, and the seller-side average sale value distribution shows the head sellers stable but the long tail selling ever-cheaper items, dragging the blend.

Blended AOV falls $46 to $38 over three quarters; units per order flat at 1.6, so the decline is item-price mix; new sellers' median item price is 40% below incumbents'.

04

What to do about it

  • Set free-shipping and free-service thresholds one notch above the current AOV mode per market, and bundle complementary items at checkout; threshold plus bundle mechanics are the standard levers behind observed 20-35% AOV lifts in network data.
  • Manage the seller side of the blend: enforce listing-quality and minimum-assortment standards for new sellers, and merchandise premium supply into high-intent surfaces so tail-seller mix stops dragging item prices.
  • Track AOV with units per order and item-price mix as a triad; respond to price-mix declines with assortment and ranking changes, and to units-per-order declines with cart and bundle changes; the two fixes are different teams.
  • For mobile-heavy markets, close the device gap deliberately: saved payment methods, cart persistence and one-screen checkout, since mobile AOV runs approx 30% below desktop in network data.
05

Sources

  1. ClickPost (Dynamic Yield derived)Ecommerce Average Order Value: 2026 Benchmarks · 2026 · Dynamic Yield XP2 series, 200M+ users and 300M sessions global AOV approx $150 Oct 2025; Americas $183, APAC $135, EMEA $128; desktop $192 vs mobile $133; luxury $328, beauty $67 (Dynamic Yield derived) clickpost.ai ↗
  2. eMarketerAverage Order Value (AOV) Industry KPIs · 2025 · Grips Intelligence 200,000+ merchants, Dynamic Yield 300M sessions, Salesforce Commerce Cloud 1B shoppers AOV tracked across Grips Intelligence (200K+ merchants), Dynamic Yield (300M sessions) and Salesforce Commerce Cloud (1B shoppers), updated quarterly by category and device emarketer.com ↗
  3. Triple WhaleEcommerce Benchmarks 2025 · 2025 · Triple Whale network of DTC stores global AOV approx $150-180 in 2025, +5-8% YoY; DTC paid-channel median AOV $74.12; conversion and abandonment vary widely by vertical triplewhale.com ↗
  4. DecileQ1 2025 E-commerce Industry Benchmarks · 2025 · Decile customer data platform client base Q1 2025 AOV by category: home goods $266, fashion and apparel $191, health and beauty $151, supplements $70, food and beverage $69 decile.com ↗
  5. ReforgeThe 8 Most Important Metrics for Marketplace Growth · 2022 · Reforge marketplace program synthesis AOV defined as revenue per transaction; it sets what a marketplace can afford in per-transaction acquisition and service costs reforge.com ↗
  6. Andreessen Horowitz (Olivia Moore)GMV Retention: The Marketplace Metric Most Ignore · 2022 · a16z seed to Series B consumer marketplace dataset (approx 18 months of company data) plus 16 public marketplace filings side split matters: GMV per retained seller expanding 2-3x is the supply-side analogue of AOV growth on the buyer side a16z.com ↗