Also, at ChannelAdvisor, we've seen an increase in GMV which trailed an increase in listings and CRs holding steady. We'll be watching closely to see if this trend is widespread or isolated to our customer base.
The metrics to keep an eye on will be:
- US GMV growth - This number is hard to get to because it's usually wrapped in a global number that is squishy due to conversion rates.
- Active user/growth - Are buyers coming back?
- registered user/growth - Are buyers coming?
- Listings - becoming less relevant, but an interesting metric to track.
Of course revenue and Paypal are important, but what everyone really wants to know is if the changes in the US business are having an impact or not.
We'll report on the metrics once we've had time to digest and analyze.
