- GMV — Gross Merchandise Value
- Total sales volume before fees, returns, and refunds. The headline metric on TikTok Shop.
- Net GMV / Net Revenue
- GMV minus returns and refunds. What actually settles to your bank account before platform fees.
- Platform Referral Fee
- TikTok’s base commission on all sales. 6% for most categories.
- Effective Platform Fee
- Referral fee + Smart Promotion fee = 9.5% (when SP is enabled, which is required for ad campaigns).
- COGS — Cost of Goods Sold
- What it costs you to make and ship in a unit. Manufacturing + freight + duties + packaging. Drives your gross margin ceiling.
- AOV — Average Order Value
- The average revenue per order. Drives ad efficiency and per-unit profitability.
- CVR — Conversion Rate
- The percentage of viewers who convert to buyers. TikTok Shop baseline ~0.05% (view-to-purchase).
- Cohort growth
- The compounding effect of returning customers and brand momentum month-over-month. Driver of TikTok Shop scaling beyond the base creator-content model.
- Halo / Halo Effect
- The lift in non-TikTok-Shop revenue (D2C site, Amazon, retail) driven by TikTok visibility. Typically 5–10% of TikTok Shop GMV.
- Extra Media Value
- The equivalent value of organic creator views, calculated at standard TikTok CPM (~$30). Effectively: the ad spend you didn’t have to pay because creators amplified your product.
- Break-even GMV
- The monthly GMV required to cover all fixed costs (creator budget, agency fee, ad spend) given your variable cost rate (COGS + commission + platform fee).