AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
BFCM 5: Taylor Holiday From Common Thread Collective
The Andrew Faris Podcast
How to Maximize Your AOV
2min Snip
00:00
Summary
Transcript
Episode notes
When you offer 20% off site-wide, your AOV will go up. When you calculate the marginal outcome of that newly increased AOV, what you have to understand is that you're giving away more product in the process. The way that the margin gets reduced on that offer is you're given away more units per dollar,. And so you have to make sure you increase the cost side of that calculation, understand the margin, set your ass appropriately, protect that profit.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode