WWW.RAEVBIKES.COM
Facebook Advertising
Goals
With the goal of increasing revenue and attracting new customers, RAEV Bikes, a young company, sought to harness the power of Meta technologies.
Goals
With the goal of increasing revenue and attracting new customers, RAEV Bikes, a young company, sought to harness the power of Meta technologies.
To achieve this, a full-funnel strategy was executed across all placements. Broad targeting techniques were utilized for brand awareness and sales prospecting campaigns, while engagement campaigns were employed to engage interest-based and existing audiences. And retargeting campaigns were focused on conversion. Four (4) separate ad accounts were used to segment the target audiences from the US and Canada while the other 2 served as a backup. Advantage campaign budget optimization was implemented in all instances to maximize results.
Dynamic creatives featuring multiple User-Generated Contents (UGC) of our products with personalized copy based on campaign segmentation was leveraged across all campaigns. The use of UGC as ad creatives yielded better results compared to basic product photos.
Success
These efforts resulted in a significant boost in brand awareness. Within just 5 months, we generated an impressive 863 units sold, resulting in a total of 1.6M in Meta Ads Revenue. The return on ad spend (ROAS) was an outstanding 5.11X.
Return on Ad Spent (ROAS) | 5.11x |
Total Ad Revenue | $1,614,987.31 |
Total Ad Spent | $315,809.24 |
Toal Website Purchases | 863 units |
Meta Ads Revenue | 47% (Estimated) |
Disclaimer: Actual Data presented from August 1, 2023 to December 31, 2023