Fashion & apparel case study: ₹50,000 to ₹60,826 monthly revenue in 12 months
Case study
Month by month
Revenue by month
| Month | Phase | Ad spend | Revenue | ROAS | Purchases | Cost per purchase |
|---|---|---|---|---|---|---|
| Start | – | – | ₹50,000 | – | – | – |
| Month 1 | Learning | ₹24,109 | ₹47,913 | 1.99x | 21 | ₹1,148 |
| Month 2 | Scaling | ₹29,204 | ₹54,305 | 1.86x | 24 | ₹1,217 |
| Month 3 | Scaling | ₹29,541 | ₹56,988 | 1.93x | 26 | ₹1,136 |
| Month 4 | Scaling | ₹31,119 | ₹58,269 | 1.87x | 26 | ₹1,197 |
| Month 5 | Scaling | ₹31,199 | ₹59,556 | 1.91x | 26 | ₹1,200 |
| Month 6 | Scaling | ₹31,738 | ₹59,392 | 1.87x | 26 | ₹1,221 |
| Month 7 | Scaling | ₹31,014 | ₹59,630 | 1.92x | 26 | ₹1,193 |
| Month 8 | Scaling | ₹32,210 | ₹59,929 | 1.86x | 26 | ₹1,239 |
| Month 9 | Scaling | ₹31,023 | ₹60,772 | 1.96x | 26 | ₹1,193 |
| Month 10 | Steady | ₹31,328 | ₹59,906 | 1.91x | 26 | ₹1,205 |
| Month 11 | Steady | ₹32,144 | ₹60,282 | 1.88x | 27 | ₹1,191 |
| Month 12 | Steady | ₹30,615 | ₹60,826 | 1.99x | 27 | ₹1,134 |
| Total | ₹3,65,244 | ₹6,97,768 | 1.91x | 307 | ₹1,190 |
Funnel
Funnel, first view to purchase month 12
- Impressions2,21,154
- Link clicks3,6621.66% of impressions
- Landing-page views2,77875.86% of link clicks1.256% of impressions
- Added to cart1866.7% of landing-page views0.084% of impressions
- Checkout started10254.84% of added to cart0.046% of impressions
- Purchases2726.47% of checkout started0.012% of impressions
0.012% of impressions became purchases
Mix
Where the budget goes month 12
| Segment | Ad spend | Share of spend | Purchases | ROAS | Cost per purchase |
|---|---|---|---|---|---|
| ₹21,513 | 70.3% | 20 | 2.04x | ₹1,076 | |
| ₹9,102 | 29.7% | 7 | 1.87x | ₹1,300 |
| Segment | Ad spend | Share of spend | Purchases | ROAS | Cost per purchase |
|---|---|---|---|---|---|
| Instagram Reels | ₹9,874 | 32.3% | 9 | 2.04x | ₹1,097 |
| Instagram Feed | ₹7,703 | 25.2% | 8 | 2.15x | ₹963 |
| Facebook Feed | ₹6,358 | 20.8% | 5 | 1.88x | ₹1,272 |
| Instagram Stories | ₹3,936 | 12.9% | 3 | 1.81x | ₹1,312 |
| Facebook Reels | ₹2,744 | 9.0% | 2 | 1.86x | ₹1,372 |
| Segment | Ad spend | Share of spend | Purchases | ROAS | Cost per purchase |
|---|---|---|---|---|---|
| Prospecting (cold audiences) | ₹23,663 | 77.3% | 20 | 1.94x | ₹1,183 |
| Retargeting (warm audiences) | ₹3,171 | 10.4% | 3 | 2.19x | ₹1,057 |
| Advantage+ shopping | ₹1,930 | 6.3% | 2 | 2.11x | ₹965 |
| Lookalike audiences | ₹1,851 | 6.0% | 2 | 2.05x | ₹926 |
Creatives
Creative mix month 12
New ads per month
| Creative type | Tier | Ad spend | Purchases | ROAS | Cost per purchase |
|---|---|---|---|---|---|
| Catalogue (dynamic product ads) | Moderate | ₹6,852 | 6 | 2.05x | ₹1,142 |
| Video | Moderate | ₹16,495 | 14 | 1.98x | ₹1,178 |
| Static image | Moderate | ₹5,287 | 5 | 1.98x | ₹1,057 |
| UGC / creator video | Moderate | ₹1,981 | 2 | 1.82x | ₹990 |
How we run it
How we run it, why, and how it works
Research & offer Month 1
What we do
The first problem in this scenario is creative and content, so the opening month on this smaller store goes there. Before budget rises, we close the gaps that stop a visitor buying: missing reviews, an unclear return window, no about page and no prepaid incentive. We run short, dated bundle sales with an awareness lead-in instead of permanent discounts. 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.
Why
In this case study, a smaller fashion brand grows monthly revenue in 1 year, from ₹50,000 to ₹3L–₹5L (8x). 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 creative and content. Conversion rate caps what any ad budget can return. A dated offer concentrates demand without training buyers to wait for a sale.
How it works
Site fixes are handed over in the first weeks, before budget rises. Awareness ads run ahead of each short sale window. Retargeting sits next to prospecting and never replaces it.
Measurement & reviews Month 1 to 12
What we do
We set the path from ₹50,000 to ₹3L–₹5L as written monthly numbers, and read every review against the month so far. We log store orders every day beside what the ad platform claims. We raise budget in a month only while return holds; where it slips too far, we hold it.
Why
It did not report a return on ad spend, so the case study starts from what measured fashion stores of that size hold. A missed month shows up early instead of at the end of the case study. Platform attribution over-counts, so budget decisions sit on the store-side number.
How it works
Each budget step is argued against the written number. Every budget call starts from the store's orders. Where return slips too far, the month keeps last month's budget.
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 no format far behind the account's return. We keep creators producing UGC video on a steady schedule, and cut the winners into regional languages. We work in creative batches with a fixed read window each. We make trust the subject of the video: creator reels, customer feedback and founder-led clips.
Why
A steady supply keeps the testing layer fed, and regional cuts reach more buyers with the same idea. A fixed window stops spend chasing a creative before it has been read. Video built on trust was the format that held return in most measured accounts.
How it works
Winning UGC is cut into regional languages before new ideas are bought. Losing batches stop; winning ads take their budget. Weak UGC is swapped for founder-led video rather than scaled. The number of new ads grows with spend; video makes up the largest part and catalogue ads the next.
Scaling Month 2 to 9
What we do
Through Month 2 to Month 9, we push toward ₹3L–₹5L: the budget rises gently 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 put seasonal collection campaigns in front of each festive and wedding peak. 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 9 the budget rises gently, while return on spend holds. Several of these months stop their budget step where return slips too far. 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. Spend shifts into each season and between regions with the calendar. Budget follows return month to month instead of a fixed ramp. Most of the final month's spend sits on Instagram Reels, then Instagram Feed. Cold audiences take most of the budget; warm audiences return more per rupee.
Steady state Month 10 to 12
What we do
From Month 10, we protect the revenue already built and move toward ₹3L–₹5L where return permits. We refresh tired ads by mixing old and new creatives, and keep a creative bank. We use WhatsApp for abandoned checkouts and for past buyers' next order.
Why
From Month 10 growth slows while revenue is still under ₹3L–₹5L. Spend holds roughly steady from here. Falling click-through preceded a revenue drop in a measured account, so creative refresh is not optional. WhatsApp is cheaper than paid retargeting for buyers who already reached checkout.
How it works
Refreshes are gradual: a few new ads at a time. WhatsApp runs alongside paid retargeting, not instead of it.
Milestones
Milestones by month
- Month 1
The learning phase opens: a small daily budget carries the first ads, and store orders are matched to tracking. Store orders and platform revenue are reconciled in the shared sheet. The account runs in layers: testing, scaling and retargeting.
- Revenue ₹47,913
- ROAS 1.99x
- Ad spend ₹24,109
- Month 2
The scaling phase opens: budget is reviewed against return before the next step. Spend steps up, and return dips.
- Revenue ₹54,305
- ROAS 1.86x
- Ad spend ₹29,204
- Month 3
The seasonal collection campaign leads this period's spend mix. Budget goes up only as far as return can carry it: spend holds, and return holds.
- Revenue ₹56,988
- ROAS 1.93x
- Ad spend ₹29,541
- Month 4
The winning UGC runs in regional-language versions.
- Revenue ₹58,269
- ROAS 1.87x
- Ad spend ₹31,119
- Month 5
A fresh round of creator and customer-feedback video goes live.
- Revenue ₹59,556
- ROAS 1.91x
- Ad spend ₹31,199
- Month 6
Repeat-order messages go to past buyers.
- Revenue ₹59,392
- ROAS 1.87x
- Ad spend ₹31,738
- Month 7
Tired ads are refreshed from the creative bank.
- Revenue ₹59,630
- ROAS 1.92x
- Ad spend ₹31,014
- Month 8
Styles with high return-to-origin are paused.
- Revenue ₹59,929
- ROAS 1.86x
- Ad spend ₹32,210
- Month 9
A new batch goes live after the last one is read.
- Revenue ₹60,772
- ROAS 1.96x
- Ad spend ₹31,023
- Month 10
From here the work shifts to keeping ads fresh and bringing buyers back.
- Revenue ₹59,906
- ROAS 1.91x
- Ad spend ₹31,328
- Month 11
Budget is reviewed against return before the next step.
- Revenue ₹60,282
- ROAS 1.88x
- Ad spend ₹32,144
- Month 12
The seasonal collection campaign leads this period's spend mix. Budget goes up only as far as return can carry it: spend holds, and return rises. ₹3L–₹5L is not reached in the time, because budget stops rising where return starts to slip. Each order costs about what it did while learning.
- Revenue ₹60,826
- ROAS 1.99x
- Ad spend ₹30,615
Learnings
Learnings from Fashion & apparel brands we measured
We pause styles with high return-to-origin and test replacement styles in their own campaigns.
Tested each colour of the lead product in its own campaign
Rebuilt the account: a new-audience campaign excluding past audiences, past-buyer retargeting, one campaign per winning product
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