Model drivers for e-commerce business models / GMV model?

How should I model e-commerce enablement revenue drivers?

Example: See p. 7 (BigCommerce, Shopify, Block are probably the best comps)

I was thinking GMV net dollar retention * existing GMV with assumptions about decreasing NDR over time, but how should I forecast net new bookings? I am an industrials background so what is the price * quantity GMV build equivalent of e-commerce enablement?

Thank you.  

3 Comments
 

Can think about slicing up TAM into addressable and obtainable portions.

can think about growing your revenue =  transactions/merchandise volume*pricing * take rate % and grow 
volume you should with TAM * adoption rate 

for adoption rate you should toggle with various like penetration, word of mouth, etc but ultimately try to grow with some form of growth marketing driver

 

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