day 3 Business Terms
What is ARPO?
ARPO (Average Revenue Per Order) tells you how much revenue your business makes per order on average.
Formula:
ARPO = Total Revenue รท Total Orders
Example:
If you made โน5,00,000 from 10,000 orders,
ARPO = โน50/or
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Sam Dutta
ย โขย
Tahiliyaย โขย 1m
Also known as Average order value(AOV), which is a much more commonly used phrase :)
๐จ๐ฅ
In FY24,
- Zara India made Rs 2769 crore
- Westside made Rs 4950 crore
- Zudio made Rs 7000 crore
Zara's AOV: Rs 4k to 4.5k
Westside's AOV: Rs 1.5k to 2k
Zudio's AOV: Rs 500 to 1k
AOV ( AVERAGE ORDER VALUE)
0 replies8 likes
FED KIIT
Federation of entrep...ย โขย 8m
Which metric is most commonly used by startups to measure product-market fit?
A) Customer Acquisition Cost (CAC)
B) Net Promoter Score (NPS)
C) Customer Lifetime Value (CLV)
D) Monthly Recurring Revenue (MRR)
day 3 Business Terms
What is ARPO?
ARPO (Average Revenue Per Order) tells you how much revenue your business makes per order on average.
Formula:
ARPO = Total Revenue รท Total Orders
Example:
If you made โน5,00,000 from 10,000 orders,
ARPO = โน50/or
Medial will soon create so much internet value, equivalent or more than X or LinkedIn.
0 replies4 likes
Atharva Deshmukh
Daily Learnings...ย โขย 10m
Commonly used Jargons
1)Bull Market:-If you expect the stock prices to go up,you are bullish on the stock price.
2)Bear Market:-If you expect the stock prices to go down,you are bearish on the stock price.
3)Trend:-The term โtrendโ usually refers
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0 replies6 likes
Sanskar
Keen Learner & Explo...ย โขย 4m
AI is booming right now therefore making it important to develope some familiarity with the commonly used AI terms and here's your cheat sheet for it.
Also if you don't want to loose tracks on latest AIs you can bookmark my AI directory which contai
what are stocks ?
A stock, also known as equity, is a security that represents the ownership of a fraction of the issuing corporation. Units of stock are called shares, which entitle the owner to a proportion of the corporationโs assets and profits
I am curious about how much time the founders and CEO of Medial spend on this app to run it and also replying to posts, comments, which one is more๐คฃ?
14 replies3 likes
Hawk
ย โขย
Medialย โขย 7m
Ok so after comparing the Q-Commerce and Local Stall / Vendors, now let's compare Food Aggregators and an average restaurant pricing.
As of today 28th September 2024 in Mumbai, I tried to compare a local restaurant which is around 950 meters to 1 km
Hey guys I just wanted to know that how can we find mentors or guides in any specific niche ? Also I wanted to get connected with some people's who can add value in my life and I also do my best to give them much more than they give to me.