Tiptop Market — Appendices

Appendix A: Monthly GMV – Year 1

Tiptop Market (Pty) Ltd Business PlanSection 19 › Appendices

Section 19 · Business Plan

Appendices

Appendix A: Monthly GMV – Year 1

Appendix A: Monthly GMV – Year 1

Month Customers Orders AOV GMV (R’000)
January 5,000 8,000 R420 3,360
February 10,000 16,500 R425 7,013
March 18,000 31,000 R430 13,330
April 25,000 44,000 R435 19,140
May 32,000 57,000 R440 25,080
June 40,000 72,000 R445 32,040
July 48,000 86,000 R450 38,700
August 55,000 97,000 R455 44,135
September 62,000 108,000 R458 49,464
October 70,000 120,000 R460 55,200
November 78,000 135,000 R465 62,775
December 85,000 155,000 R475 73,625
Total Y1 85,000 929,500 R450 423,862

Appendix B: Glossary

Term Definition
GMV Gross Merchandise Value – total goods sold through the platform
Take Rate Net revenue as percentage of GMV
CAC Customer Acquisition Cost
LTV Customer Lifetime Value
EBITDA Earnings Before Interest, Tax, Depreciation, and Amortisation
AOV Average Order Value
SKU Stock Keeping Unit
1P / 3P First-party (direct retail) / Third-party (marketplace)
POPIA Protection of Personal Information Act
CPA Consumer Protection Act
B-BBEE Broad-Based Black Economic Empowerment
SADC Southern African Development Community

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