GMV: Understanding and Tracking

What is GMV?

GMV stands for Gross Merchandise Value, which represents the total monetary value of all the products sold through the Sana Platform over a specific period. It is a metric that reflects the usage of the e-commerce platform. However, GMV does not account for returns, backorders, etc., and may include fees and taxes.

GMV = # of products ordered X sales price

GMV is measured annually, starting from the license start date.

GMV Measurement

Typically, only transactions related to placing orders are included in the GMV, such as:

• Placing and editing a sales order

• Converting a sales quote into an order

• Punchout orders

• Subscription orders

Payment transactions not associated with order placement through the e-commerce platform do not count toward the GMV threshold.

How Does Sana Track GMV?

We gather the relevant data from the platform, similar to how a telecom company tracks the minutes used in a phone plan.