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Fashion & apparelDuration 3 monthsCase study

Fashion & apparel case study: ₹17L to ₹31.6L monthly revenue in 3 months

Numbers modelled on 30 Monastic Media ad accounts

Case study

Month by month

Revenue by month
MonthPhaseAd spendRevenueROASPurchasesCost per purchase
Start––₹17L–––
Month 1Learning₹3,81,798₹17,34,3084.54x388₹984
Month 2Scaling₹6,45,254₹24,85,1523.85x524₹1,231
Month 3Scaling₹8,43,102₹31,62,6473.75x697₹1,210
Total₹18,70,154₹73,82,1073.95x1,609₹1,162
Ad spend₹18.7L
Revenue₹73.8L
Blended ROAS3.95x
Orders1,609
Revenue, month 3₹31.6L
ROAS, month 33.75x
Cost / purchase, month 3₹1,210
Avg order value, month 3₹4,538
Conversion, month 31.03%
Period covered3 months
Milestone₹50L a month

Funnel

Funnel, first view to purchase month 3

  1. Impressions40,36,764
  2. Link clicks92,187
    2.28% of impressions
  3. Landing-page views67,999
    73.76% of link clicks1.684% of impressions
  4. Added to cart5,179
    7.62% of landing-page views0.128% of impressions
  5. Checkout started2,327
    44.93% of added to cart0.058% of impressions
  6. Purchases697
    29.95% of checkout started0.017% of impressions

0.017% of impressions became purchases

Mix

Where the budget goes month 3

SegmentAd spendShare of spendPurchasesROASCost per purchase
Instagram₹5,58,13566.2%4723.84x₹1,182
Facebook₹2,73,56232.4%2153.57x₹1,272
Audience Network₹11,4051.4%103.97x₹1,140
SegmentAd spendShare of spendPurchasesROASCost per purchase
Instagram Reels₹2,49,01429.5%2113.84x₹1,180
Instagram Feed₹1,98,74423.6%1784.06x₹1,117
Facebook Feed₹1,49,84817.8%1173.54x₹1,281
Instagram Stories₹1,10,37713.1%833.41x₹1,330
Facebook Reels₹1,01,02112.0%783.52x₹1,295
Facebook Video₹11,6751.4%103.97x₹1,168
Audience Network₹11,4051.4%103.97x₹1,140
Facebook Stories₹11,0181.3%103.97x₹1,102
SegmentAd spendShare of spendPurchasesROASCost per purchase
Prospecting (cold audiences)₹6,68,75079.3%5423.68x₹1,234
Retargeting (warm audiences)₹86,23210.2%794.15x₹1,092
Lookalike audiences₹49,0325.8%423.88x₹1,167
Advantage+ shopping₹39,0884.6%344.00x₹1,150

Creatives

Creative mix month 3

New ads per month

Video24 a month
Catalogue (dynamic product ads)13 a month
Static image3 a month
UGC / creator video3 a month
Carousel3 a month
Moderate3.77xblended ROAS 4 creative types₹8.2L spend
Watchlist3.14xblended ROAS 1 creative type₹22,525 spend
Creative typeTierAd spendPurchasesROASCost per purchase
Catalogue (dynamic product ads)Moderate₹1,92,1781643.89x₹1,172
VideoModerate₹4,44,5593693.76x₹1,205
Static imageModerate₹1,31,0321083.75x₹1,213
UGC / creator videoModerate₹52,808403.44x₹1,320
CarouselWatchlist₹22,525163.14x₹1,408

How we run it

How we run it, why, and how it works

  1. Research & offer Month 1

    What we do

    We point the first month at growth that has stalled, the brand’s main problem, on a mid-sized base. We split the account into layers: one campaign to test creative, one to scale winners, prospecting that leaves out past buyers, and retargeting for carts. We fix the store before scaling: trust pointers, reviews, a clear return window, an about page and a prepaid incentive.

    Why

    A mid-sized fashion brand grows monthly revenue in 3 months, from ₹17L to ₹50L (2.9x). That is faster than nine in ten of our measured accounts grew over the same time, so the case study below is on what that fastest tenth reached and shows where it lands against the number this scenario calls for. The main problem was growth that has stalled, followed by scaling ad spend. Without layers, retargeting quietly eats the prospecting budget. Every rupee of ads is capped by how well the store turns visits into orders.

    How it works

    Retargeting sits next to prospecting and never replaces it. The fix list goes to the brand's team in the opening weeks, ahead of any budget step.

  2. Measurement & reviews Month 1 to 3

    What we do

    We log store orders every day beside what the ad platform claims. We set the path from ₹17L to ₹50L as written monthly numbers, and read every review against the month so far.

    Why

    It did not report a return on ad spend, so the case study starts from what measured fashion stores of that size hold. Platform attribution over-counts, so budget decisions sit on the store-side number. Written monthly numbers expose a slow month while there is still time to act.

    How it works

    Every budget call starts from the store's orders. Written monthly numbers make each scaling decision explicit.

  3. Creative testing Month 1

    What we do

    We lead the testing layer with video, catalogue ads and carousel, building to a few dozen new ads a month by the final month, keeping carousel on a short leash because its return trails the account. We give each lead product its own campaign and read it weekly. We work in creative batches with a fixed read window each. The learning month runs with a deliberately small daily budget until orders prove the buyer.

    Why

    A product nobody buys is visible within a week when it has its own campaign. The read window keeps creative spending tied to evidence. Spend in the learning phase pays for information.

    How it works

    A product that does not sell is paused inside the week. Batches that do not convert are cut; winners get the budget. Spend steps up only after orders confirm at the low budget. The number of new ads grows with spend; video makes up the largest part and catalogue ads the next.

  4. Scaling Month 2 to 3

    What we do

    Through Month 2 to Month 3, we push as far toward ₹50L as return allows: the budget climbs in steps and return falls, and Instagram Reels carries the most spend and Instagram Feed the next. We run cost caps, bid caps, CBO and ABO as parallel versions before budget steps up. We tie every budget increase to return: we step up while it holds, and step back when it drops.

    Why

    In Month 2 to Month 3 the budget climbs in steps, and return on spend falls as it does. Our measured accounts saw cost per order rise and return fall as spend scaled; that is why each step here waits on return. Controls show which setup holds cost per purchase as spend rises.

    How it works

    The version that keeps cost per purchase lowest stays. Each month's budget is set by the return the last one earned. Instagram Reels carries the largest share of spend in the final month, with Instagram Feed next. Cold audiences take most of the budget; warm audiences return more per rupee.

Milestones

Milestones by month

  1. Month 1

    First, the set-up: tracking is checked against store orders and the first ads go live on a small daily budget. Testing, scaling and retargeting now run as separate layers. Store orders and platform revenue are reconciled in the shared sheet.

    • Revenue ₹17.3L
    • ROAS 4.54x
    • Ad spend ₹3.8L
  2. Month 2

    The scaling phase opens: this batch's read is done: winners stay, the rest are cut. With budget steps up sharply, return on spend falls.

    • Revenue ₹24.9L
    • ROAS 3.85x
    • Ad spend ₹6.5L
  3. Month 3

    The weekly product read pauses the products that are not selling. With budget steps up, return on spend holds. ₹50L is not reached in the time, because the case study follows what the fastest tenth of our measured accounts reached. Cost per purchase ends higher than in the learning phase.

    • Revenue ₹31.6L
    • ROAS 3.75x
    • Ad spend ₹8.4L

Learnings

Learnings from Fashion & apparel brands we measured

  1. Find the buyer on a small daily budget first, then step spend up in stages.

  2. Run short bundle sales with an awareness lead-in rather than permanent discounts.

  3. Tested products one by one, each in its own campaign

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