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KPIs & Success Metrics

This section defines what Pasar Seken measures to know if marketing is working, the north star, audience-specific KPIs, and platform health signals.

North Star Metrics​

The north star metric is the one number that best captures whether the platform is growing and healthy.

Primary north star: Monthly Active Users (MAU)

This metric is chosen because it captures both sides of the marketplace simultaneously, a buyer or seller must be active to count. It also forces the team to think about retention, not just acquisition.

Supporting north stars:

MetricTargetWhy
WAU / MAU ratio> 40%Measures stickiness, are users coming back week over week?
Listing-to-sale conversion> 30%Measures marketplace liquidity, supply side health

Buyer KPIs​

KPIDescriptionTarget
Activation rate% of new signups who complete first purchase within 30 days> 25%
Repeat purchase rate% of buyers who buy again within 60 days> 40%
Session-to-purchase conversion% of app sessions that result in a transaction> 5%
Average order value (AOV)Mean transaction value per purchaseTrack, no fixed target yet
Wishlist-to-purchase rate% of wishlisted items that are eventually bought> 20%
Return rate% of orders that result in a dispute or return< 2%
Establish Baselines First

The targets above are starting hypotheses. Review and revise all buyer KPIs at the 90-day post-launch mark once real data is available. Do not treat them as fixed until then.

Seller KPIs​

KPIDescriptionTarget
Activation rate% of new signups who list at least one item within 7 days> 50%
Time to first saleDays from first listing to first completed sale< 14 days
Listings per active sellerAverage active listings per seller per month> 3
Seller retention (D30)% of sellers who are still active 30 days after first listing> 60%
Relisting rate% of sold items whose seller immediately lists a new item> 40%
Seller NPSNet Promoter Score from seller satisfaction surveys> 50
Seller Health Dashboard

Build a seller health dashboard in the ops tools. Query: any seller with zero listing activity for 14+ days should be flagged automatically for re-engagement outreach.

Platform Health Metrics​

These metrics measure the overall marketplace health, independent of which side drives it.

MetricDescriptionSignal
GMV (Gross Merchandise Value)Total value of all transactions completedCore business growth
Take ratePlatform fee as % of GMVRevenue efficiency
Supply/demand ratioActive listings per active buyer< 5 listings per buyer = supply constrained
Average days to sellMedian time from listing to sale< 7 days is healthy
Dispute rate% of transactions that result in a formal dispute< 1%
App store ratingiOS and Android ratingMaintain > 4.3

Marketing-specific platform metrics​

MetricDescription
CAC by channelCost to acquire one active user, broken down by channel
CAC payback periodMonths until a new user's LTV exceeds their acquisition cost
Organic vs paid mix% of new users from organic vs paid, target 60/40
Referral rate% of new users who came from a referral link
Brand search volumeMonthly searches for "Seken" or "Pasar Seken" (Google + TikTok)

Data sources per KPI:

KPI groupSource
MAU, GMV, transactionsSupabase (direct query)
User behaviour, funnelsMixpanel
Paid acquisition, CACMeta Ads Manager + TikTok Ads Manager
App ratings, installsApp Store Connect + Google Play Console
Brand search volumeGoogle Search Console + TikTok analytics

Set up a weekly marketing metrics pull every Monday. Review in team standup, flag any metric that moved more than 20% week-over-week.