Concept
Absolute vs. Rate Metrics
Focusing on total numbers rather than conversion percentages to avoid local optimization
Absolute vs. Rate Metrics
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And because we focus on that long-term GMV, number of merchants who are successful, orienting every team to think about the total number of people, not the rate, but the total number of people who got to the end of their part of the…
Concept
Absolute vs. Rate Metrics
Focusing on total numbers rather than conversion percentages to avoid local optimization
Related Concepts1
Related Frameworks2
Related Practices5
Ask about this concept
Transcript mentions
And because we focus on that long-term GMV, number of merchants who are successful, orienting every team to think about the total number of people, not the rate, but the total number of people who got to the end of their part of the…