Average Orders per Month measures the number of orders from customers you've received on average. It can be used to estimate your order volume and is useful to predict upcoming months.
Since the number of orders can fluctuate from month-to-month and over a year's cycle, it is useful to use at least a year's order data. That will allow the averaging to smooth out any highs/lows.
Eric Davis
Segment your customers automatically with RFM
Segmenting your customers has always been touted as a powerful marketing tool but many stores avoid it because it can be time-consuming.
Repeat Customer Insights will automatically segment your entire customer base for you based on the valuable data Shopify has already collected for you. Ranging from 5 to 30 to over 125+ different segments using RFM and other models, you can pick how much power you want to harness.