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What Is GMV (Gross Merchandise Value)?

Gross Merchandise Value (GMV) the total dollar value of all merchandise sold through a marketplace over a specific time period, calculated before deducting fees, returns, cancellations, or any other costs.

How Dashboardly Tracks GMV

Dashboardly calculates GMV from your live TikTok Shop data — pulling actual orders, fees, refunds, and returns so the number you see matches your P&L.

  • Actual order revenue — not estimated or attributed revenue
  • Refunds and returns deducted automatically
  • All platform fees included for profit-level accuracy
  • Historical trends so you spot changes before they hit profit

Frequently asked questions

What is a good GMV?

TikTok Shop: Beginner <$5K, Growing $5K-$25K, Established $25K-$100K, Top Seller $100K+

How do I calculate GMV?

GMV = Number of Orders × Average Order Value (AOV)

Why is my GMV different from what TikTok Shop reports?

TikTok's native reports use attributed metrics with click- and view-through windows. Dashboardly calculates GMV from actual order revenue, deducting refunds and returns for a truer number that matches your real P&L.

When should I track GMV?

GMV is a leading indicator — check it daily if you're running ads or running pricing experiments, weekly otherwise. Dashboardly tracks GMV automatically so you don't have to pull exports.

Related tools & resources

See how GMV works in practice in What Is GMV on TikTok Shop — And Why It's Not Your Revenue.

The total dollar value of all merchandise sold through a marketplace over a specific time period, calculated before deducting fees, returns, cancellations, or any other costs.
Definition

The total dollar value of all merchandise sold through a marketplace over a specific time period, calculated before deducting fees, returns, cancellations, or any other costs.

Formula

GMV = Number of Orders × Average Order Value (AOV)

Example Calculation

1,200 orders × $28.50 AOV = $34,200 monthly GMV

Benchmarks for TikTok Shop Sellers

TikTok Shop: Beginner <$5K, Growing $5K-$25K, Established $25K-$100K, Top Seller $100K+

Why It Matters for TikTok Shop Sellers

The total dollar value of all merchandise sold through a marketplace over a specific time period, calculated before deducting fees, returns, cancellations, or any other costs.

Related Terms

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