Fashion & apparel case study: ₹3L to ₹3L–₹6L monthly revenue in 3 months
Case study
Month by month
Revenue by month
| Month | Phase | Ad spend | Revenue | ROAS | Purchases | Cost per purchase |
|---|---|---|---|---|---|---|
| Start | – | – | ₹3L | – | – | – |
| Month 1 | Learning | ₹1,08,546 | ₹3,07,689 | 2.83x | 113 | ₹961 |
| Month 2 | Scaling | ₹1,44,107 | ₹3,64,775 | 2.53x | 132 | ₹1,092 |
| Month 3 | Scaling | ₹2,08,017 | ₹4,67,111 | 2.25x | 166 | ₹1,253 |
| Total | ₹4,60,670 | ₹11,39,575 | 2.47x | 411 | ₹1,121 |
Funnel
Funnel, first view to purchase month 3
- Impressions12,35,112
- Link clicks24,9302.02% of impressions
- Landing-page views18,92875.92% of link clicks1.532% of impressions
- Added to cart1,1596.12% of landing-page views0.094% of impressions
- Checkout started59651.42% of added to cart0.048% of impressions
- Purchases16627.85% of checkout started0.013% of impressions
0.013% of impressions became purchases
Mix
Where the budget goes month 3
| Segment | Ad spend | Share of spend | Purchases | ROAS | Cost per purchase |
|---|---|---|---|---|---|
| ₹1,37,991 | 66.3% | 112 | 2.29x | ₹1,232 | |
| ₹66,698 | 32.1% | 51 | 2.14x | ₹1,308 | |
| Audience Network | ₹3,328 | 1.6% | 3 | 2.38x | ₹1,109 |
| Segment | Ad spend | Share of spend | Purchases | ROAS | Cost per purchase |
|---|---|---|---|---|---|
| Instagram Reels | ₹57,122 | 27.5% | 47 | 2.30x | ₹1,215 |
| Instagram Feed | ₹51,267 | 24.6% | 44 | 2.43x | ₹1,165 |
| Facebook Feed | ₹41,079 | 19.7% | 31 | 2.12x | ₹1,325 |
| Instagram Stories | ₹29,602 | 14.2% | 21 | 2.04x | ₹1,410 |
| Facebook Reels | ₹19,195 | 9.2% | 14 | 2.10x | ₹1,371 |
| Audience Network | ₹3,328 | 1.6% | 3 | 2.38x | ₹1,109 |
| Facebook Video | ₹3,279 | 1.6% | 3 | 2.38x | ₹1,093 |
| Facebook Stories | ₹3,145 | 1.5% | 3 | 2.38x | ₹1,048 |
| Segment | Ad spend | Share of spend | Purchases | ROAS | Cost per purchase |
|---|---|---|---|---|---|
| Prospecting (cold audiences) | ₹1,66,788 | 80.2% | 131 | 2.20x | ₹1,273 |
| Retargeting (warm audiences) | ₹19,226 | 9.2% | 17 | 2.49x | ₹1,131 |
| Lookalike audiences | ₹12,177 | 5.9% | 10 | 2.33x | ₹1,218 |
| Advantage+ shopping | ₹9,826 | 4.7% | 8 | 2.40x | ₹1,228 |
Creatives
Creative mix month 3
New ads per month
| Creative type | Tier | Ad spend | Purchases | ROAS | Cost per purchase |
|---|---|---|---|---|---|
| Catalogue (dynamic product ads) | Moderate | ₹57,527 | 47 | 2.32x | ₹1,224 |
| Video | Moderate | ₹93,601 | 75 | 2.25x | ₹1,248 |
| Static image | Moderate | ₹36,569 | 29 | 2.24x | ₹1,261 |
| UGC / creator video | Moderate | ₹14,586 | 11 | 2.06x | ₹1,326 |
| Carousel | Watchlist | ₹5,734 | 4 | 1.88x | ₹1,434 |
How we run it
How we run it, why, and how it works
Research & offer Month 1
What we do
We give the first month to return on ad spend, the brand’s main problem, on a smaller base. 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 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
A smaller fashion store grows monthly revenue in 3 months, from ₹3L to ₹3L–₹6L (+50%). One in four of the accounts we measured grew at least that fast in the same time. The main problem in this scenario is return on ad spend. Conversion rate caps what any ad budget can return. Without layers, retargeting quietly eats the prospecting budget.
How it works
The fix list goes to the brand's team in the opening weeks, ahead of any budget step. Retargeting sits next to prospecting and never replaces it.
Measurement & reviews Month 1 to 3
What we do
We set the path from ₹3L to ₹3L–₹6L 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.
Why
With no return on ad spend reported, the case study begins at the level measured fashion stores of that size hold. A missed month shows up early instead of at the end of the case study. Ad platforms claim more orders than stores record, so the store number decides budget.
How it works
Each budget step is argued against the written number. Every budget call starts from the store's orders.
Creative testing Month 1
What we do
We test with video, catalogue ads and carousel first, rising to about two dozen new ads a month by the final month, with carousel watched closely since it returns less than the rest. We give each lead product its own campaign and read it weekly. We commission ads in batches, and read each batch for a set window before ordering the next. The learning month runs on a small daily budget, stepping up only once orders confirm.
Why
Shared campaigns hide weak products; separate ones expose them fast. The read window keeps creative spending tied to evidence. Early spend buys learning, not scale.
How it works
Losing products are paused within a week and budget moves to the winners. Batches that do not convert are cut; winners get the budget. Only confirmed orders at the low budget unlock the next step. More spend buys more new ads, led by video ahead of catalogue ads.
Scaling Month 2 to 3
What we do
Through Month 2 to Month 3, we push toward ₹3L–₹6L: the budget climbs in steps and return falls, and Instagram Reels carries the most spend and Instagram Feed the next. We tie every budget increase to return: we step up while it holds, and step back when it drops. We cut budgets during major marketplace sale events and move spend to narrower premium audiences.
Why
Across Month 2 to Month 3, the budget climbs in steps, and return on spend falls as it does. Spend scaled in our measured accounts pushed cost per order up and return down, so no step is taken on hope. Marketplace sales inflate auction costs and pull price-led buyers away.
How it works
Each month's budget is set by the return the last one earned. Spend is reduced and redirected for each event window. Most of the final month's spend sits on Instagram Reels, then Instagram Feed. Prospecting to new buyers takes the bulk of spend, while retargeting returns more for each rupee.
Milestones
Milestones by month
- Month 1
First, the set-up: the first ads run on a small daily budget while tracking is checked against store orders. Store orders and ad-platform revenue are checked side by side. Reviews, trust pointers and the prepaid incentive are now on the store.
- Revenue ₹3.1L
- ROAS 2.83x
- Ad spend ₹1.1L
- Month 2
Scaling begins: the weekly product read pauses the products that are not selling. Budget steps up and return on spend dips.
- Revenue ₹3.6L
- ROAS 2.53x
- Ad spend ₹1.4L
- Month 3
During a marketplace sale window, spend moves to narrower premium audiences. Budget steps up and return on spend dips. The case study reaches ₹3L–₹6L a month. Each order costs more by the end than it did while learning.
- Revenue ₹4.7L
- ROAS 2.25x
- Ad spend ₹2.1L
Learnings
Learnings from Fashion & apparel brands we measured
We cut budgets during major marketplace sale events and move spend to narrower premium audiences.
Raise budget only while return on spend holds; cut it when return drops.
Give each product (or colour) its own campaign, read weekly, and move budget to the winner.
Services: Performance marketing Ads video creation Fashion & apparel marketing guide Book a call
More Fashion & apparel case studies
Ready to grow with one team?
Book a call. If we can help you grow, we show you how; if we cannot, we tell you that too.
