The Jewel Factor is your one-stop shop for trendy and affordable fashion jewelry, empowering women to express their individuality through stylish designs.
Facebook Before Metrics
March 2022 - Jan 2023
Spend
₹66599.66
Dashboard Revenue
₹91070
ROAS
1.3
Purchases
39
AOV
₹2335
CAC
₹1707
Facebook After Metrics
January 2023 - August 2023
Spend
6874%
₹4,645,172
Dashboard Revenue
11121%
₹1,02,19,379
ROAS
69%
2.2
Purchases
8832%
3480
AOV
15.6%
₹2700
CAC
17.28%
₹1412
Revenue vs Spend
May'22 - December'23
Problem Statement
Right Product Selection
Selecting the product which aligns with profitability and Product
Low Aov
Aov was Low and fluctuated every month.
There was no consistency in AOV.
Unable to scale
Without a consolidated account structure and a primary Category to focus on, the client was unable to scale the acccount.
Solution
Focusing on testing multiple audience interests going beyond the usual jewellary core audience.
Testing different categories to find winning category.
Creating a plan to aggressively test new creatives and audiences.
Finding an evergreen offer to increase conversion rate.
Testing the product page vs the collection page to understand which page helps us to bring more conversions.
Timely optimisation of the account to ensure the best results.
Implementation
Testing Multiple Audiences and categories to acquire new customers & find the product market fit.
Testing Creatives of hero category in winning audience to find the winning creatives.
Put best performing creatives in ASC+ campaign in prospecting and DPA in ASC+ Retargeting
Scaling the account with Manual bid and Lifetime campaign.
Account Structure
May 2023 - December 2023
Creatives vs DPA
January 2023 - August 2023
Historically DPA has better results henced allocated majority budget to the DPA ads.