How To Use TOF/MOF/BOF Strategy On Facebook Ads ($900K Sales In 90 Days At A 4.36x ROAS For Fashion Brand)

 

Ad Spend: $206928
Revenue Generated: $902064
Final ROAS: 4.36
Store Niche: Fashion & Apparel

Introduction:

We started working with this client in the beginning of 2019, being in the fashion & retail space there is a lot of competition & noise to stand out from in order to succeed.

Challenges & Opportunities:

This client was a well-recognized national clothing brand. When we first met them they had a negative ROAS after being burned by a few agencies & freelancers. We did a complete ad account audit and had a long strategy session call with the client to understand the problems that they were facing, before presenting them with our well-researched solution.

We found we had 2 main strengths to leverage with this client:
1. Substantial Advertising Budget
2. Their brand

Strategy & Implementation:

  • Time is of the essence, we began implementing & testing:
    Vertical format Instagram story ads
    Tested as many audiences as possible and set up the adgroups in a clean way in order to create organised, digestible data.
  • Picked out best-performing adgroups and variations to attempt to scale them.
  • Setup the product data feed and launched DPAs (Dynamic Product Ads) which perform amazingly for ecommerce stores.
  • Built and implemented a bottom of funnel re-engagement campaign for their email list as well as existing customers/purchasers.
  • We did a complete audience analysis after the first month and pulled out the best performing targeting options to use them in a killer CBO campaign that pulled in a mind-boggling 11X ROAS
  • For the top of funnel campaigns, we kept testing new audiences aggressively and achieved more than 3X ROAS on cold audiences
  • Launched a complex middle of funnel retargeting strategy which hit 7X ROAS
  • Introduced lookalike and custom audiences for their top and bottom of the funnel which helped to achieve the above figures.

The Results:

  • Within 4 days after the initial strategy session call, we had a complete strategy in place for our full Facebook funnel
  • Within 1 month of launching, we were achieving 2.5x ROAS
  • At the end of our 2nd month, we were scaling up spend while still maintaining 3-3.5x ROAS account-wide.
  • Now, a little after over 3 months working together, we generated them over $900k in revenue from just over $200k spend, at a 4.36x ROAS while continuing to scale. 
Share it :

Leave a Reply

Your email address will not be published. Required fields are marked *