Case study · Performance

$889K became $3.92M in four months

How did Lola + The Boys turn $889K into $3.92M? A US kidswear brand. Winter and peak-season Search, Shopping and Performance Max returned $3,919,296 in sales on $889,608 of ad spend, a 4.4x return, between March and July 2023.

Period
Mar – Aug 2023
Country
US
Route
Via Freedom Media

The numbers

What changed

Paid Media

$3.92M

sales from $889,608 ad spend (4.4x ROAS)

69.7M impressions, 704K clicks, 23,466 sales and 6,426 leads, Search, Shopping and Performance Max.

Source: Google Ads dashboard, Mar–Jul 2023

Paid Media

5.05x

ROAS on Performance Max Shopping

$755K spend returned $3.81M conversion value; 22K conversions at a 3.32% conversion rate.

Source: Google Ads dashboard, to Jun 2023

Overall Strategy

$4.85M

store sales in 90 days

Shopify Plus store, 7 May – 4 Aug 2023: 43,642 orders, 1.13M sessions, 2.56% conversion rate, $111.61 average order value.

Source: Shopify analytics, 7 May–4 Aug 2023

SEO

18.8K

organic visits a month by June 2023

14.8K ranking keywords; US keywords up 22.5% in Semrush.

Source: Semrush SEO report, Jun 2023

Evidence

From the source dashboards

Google Ads overview: 696K clicks, 29.5K conversions, $890K cost, 3.89M conversion value, 1 March to 16 July 2023
Google Ads overview, 1 Mar – 16 Jul 2023: 696K clicks, 29.5K conversions, $890K cost, 3.89M conversion value.

Cropped from the original screenshots. Client account names removed.

Before and after

Charted from the same sources

Google Ads spend and sales, Mar–Jul 2023↑ 4.4x ROAS

Source: Google Ads dashboard, Mar–Jul 2023. Bars start at zero.

What I changed

The work

  • Ran Search, Shopping and Performance Max through the winter and peak season.
  • Read the economics by campaign type and moved budget toward Performance Max Shopping, which returned 5.05x.
  • Worked from the store side too: sessions, conversion rate and average order value, not clicks alone.

For you

What it means for your company

If spend is rising faster than revenue, the first job is to read the return by campaign type and move budget to what pays back. That is the first week of a Growth Diagnostic.

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