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Fashion & apparelDuration 3 monthsCase study

Fashion & apparel case study: ₹40,000 to ₹76,679 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––₹40,000–––
Month 1Learning₹20,353₹39,4511.94x17₹1,197
Month 2Scaling₹28,711₹55,1831.92x23₹1,248
Month 3Scaling₹38,407₹76,6792.00x34₹1,130
Total₹87,471₹1,71,3131.96x74₹1,182
Ad spend₹87,471
Revenue₹1.7L
Blended ROAS1.96x
Orders74
Revenue, month 3₹76,679
ROAS, month 32x
Cost / purchase, month 3₹1,130
Avg order value, month 3₹2,255
Conversion, month 30.94%
Period covered3 months
Milestone₹1.5L a month

Funnel

Funnel, first view to purchase month 3

  1. Impressions3,24,867
  2. Link clicks4,850
    1.49% of impressions
  3. Landing-page views3,620
    74.64% of link clicks1.114% of impressions
  4. Added to cart184
    5.08% of landing-page views0.057% of impressions
  5. Checkout started103
    55.98% of added to cart0.032% of impressions
  6. Purchases34
    33.01% of checkout started0.01% of impressions

0.01% of impressions became purchases

Mix

Where the budget goes month 3

SegmentAd spendShare of spendPurchasesROASCost per purchase
Instagram₹25,89867.4%242.05x₹1,079
Facebook₹12,50932.6%101.89x₹1,251
SegmentAd spendShare of spendPurchasesROASCost per purchase
Instagram Reels₹11,20029.2%102.05x₹1,120
Instagram Feed₹9,26024.1%92.17x₹1,029
Facebook Feed₹8,70822.7%71.89x₹1,244
Instagram Stories₹5,43814.2%51.83x₹1,088
Facebook Reels₹3,8019.9%31.88x₹1,267
SegmentAd spendShare of spendPurchasesROASCost per purchase
Prospecting (cold audiences)₹30,78580.2%271.96x₹1,140
Retargeting (warm audiences)₹3,89910.2%42.21x₹975
Lookalike audiences₹1,9735.1%22.07x₹986
Advantage+ shopping₹1,7504.6%12.13x₹1,750

Creatives

Creative mix month 3

New ads per month

Video7 a month
Catalogue (dynamic product ads)4 a month
Static image2 a month
UGC / creator video1 a month
Moderate2.00xblended ROAS 4 creative types₹38,407 spend
Creative typeTierAd spendPurchasesROASCost per purchase
Catalogue (dynamic product ads)Moderate₹7,90372.06x₹1,129
VideoModerate₹21,349192.00x₹1,124
Static imageModerate₹6,63561.99x₹1,106
UGC / creator videoModerate₹2,52021.83x₹1,260

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 cash-on-delivery returns and cancellations, the brand’s main problem, on a smaller base. We tilt orders to prepaid with a prepaid discount and a cash-on-delivery charge that covers its cost. We get the store ready for paid traffic first: reviews and trust pointers on product pages, a visible return window, an about page and a reason to pay upfront.

    Why

    In this case study, a smaller fashion brand grows monthly revenue in 3 months, from ₹40,000 to ₹1.5L (3.8x). Fewer than one in ten of our measured accounts grew that fast in the same time, so the case study follows the pace of that top tenth rather than forcing the number. The main problem in this scenario is cash-on-delivery returns and cancellations, with turning visits into orders close behind. Returned cash-on-delivery orders turn attributed revenue into a loss. No budget returns more than the store converts.

    How it works

    The prepaid offer shows on product pages and at checkout. 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 set the numbers on net sales after returns and cancellations, not on logged revenue. We log store orders every day beside what the ad platform claims.

    Why

    It did not report a return on ad spend, so the case study starts from what measured fashion stores of that size hold. Returns and cancellations cut into logged revenue before it reaches the bank. Ad platforms claim more orders than stores record, so the store number decides budget.

    How it works

    Each review opens with net sales against the month's number. Budget decisions are read off store numbers, not the ad platform alone.

  3. Creative testing Month 1

    What we do

    We lead the testing layer with video, catalogue ads and static image, building to about a dozen new ads a month by the final month, with every format close to the account's return. We give each lead product its own campaign and read it weekly. We make trust the subject of the video: creator reels, customer feedback and founder-led clips. We buy creative in batches and give each batch a fixed read window before buying more.

    Why

    Shared campaigns hide weak products; separate ones expose them fast. Video built on trust was the format that held return in most measured accounts. A fixed window stops spend chasing a creative before it has been read.

    How it works

    Budget follows the products that sell. Weak UGC is swapped for founder-led video rather than scaled. Only ads that convert inside the window keep running. New ads rise with the budget, most of them video, then catalogue ads.

  4. Scaling Month 2 to 3

    What we do

    Through Month 2 to Month 3, we push as far toward ₹1.5L as return allows: the budget climbs in steps while return holds, and Instagram Reels carries the most spend and Instagram Feed the next. We pause styles with high return-to-origin and test replacement styles in their own campaigns. We recover abandoned checkouts with WhatsApp messages as traffic grows.

    Why

    Across Month 2 to Month 3, the budget climbs in steps, while return on spend holds. Return holds through these months because each budget step stops where return starts to slip. Returned cash-on-delivery orders turn attributed revenue into a loss.

    How it works

    High-RTO lines are paused and replacements tested separately. WhatsApp recovery runs alongside paid retargeting, not instead of it. Instagram Reels carries the largest share of spend in the final month, with Instagram Feed next. Most spend reaches people who have not bought yet; past visitors return more per rupee.

Milestones

Milestones by month

  1. Month 1

    First, the set-up: a small daily budget carries the first ads, and store orders are matched to tracking. The prepaid offer and the cash-on-delivery charge go live. Store orders and ad-platform revenue are checked side by side.

    • Revenue ₹39,451
    • ROAS 1.94x
    • Ad spend ₹20,353
  2. Month 2

    Scaling begins: abandoned checkouts get WhatsApp follow-ups. Spend steps up, and return holds.

    • Revenue ₹55,183
    • ROAS 1.92x
    • Ad spend ₹28,711
  3. Month 3

    A new batch goes live after the last one is read. Spend steps up, and return rises. The case study finishes short of ₹1.5L: the case study follows what the fastest tenth of our measured accounts reached. Each order costs about what it did while learning.

    • Revenue ₹76,679
    • ROAS 2.00x
    • Ad spend ₹38,407

Learnings

Learnings from Fashion & apparel brands we measured

  1. Net sales ran below logged store revenue after returns, cancellations and tax.

  2. We cut budgets during major marketplace sale events and move spend to narrower premium audiences.

  3. Launched a wedding-season catalogue campaign and a dedicated scaling campaign

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