Fragranza: from sales value to net profit, with +165.5% orders

+165.5%

Meta orders, year over year

4,611 → 12,240

€1,911,360

Value on Google

new account, from scratch

19.35x

Google ROAS

from 21,512 conversions

−12.7%

Meta cost per purchase

on a 131.9% bigger budget

POAS vs ROAS two units of measurement ROAS reports how much the store took in, POAS reports how much it kept…

ROAS divides sales value by budget: how much the store took in. POAS divides net profit by the same budget: how much it kept.

Meta was switched to POAS in November 2025, while Google stayed on ROAS. That is why the two platforms are never added together anywhere on this page. Profit is before ad spend and fixed costs.

This case study was produced by the performance marketing agency BigConvert, based on data from the accounts we manage.

The data was checked and validated by the team at Fragranza.

Client
Fragranza
Industry
Perfumery
Services
POAS, Google Ads, Meta Ads
Market
Romania
Period
Nov 1, 2025 – Aug 13, 2026

What changed

The definition of the metric, not the performance

In November 2025 we changed what we import into Meta: not the order value, but the profit left from it. Since then, the report has shown a 75.6% drop in the multiple. It isn't a drop, it's the moment the number started measuring something else.

Meta · same calendar window, year over year

Before · Nov 2024 – Aug 2025

42.61x

ROAS, on sales value

Imported value
€485,538

Different bases,
not comparable

After · Nov 2025 – Aug 2026

10.39x

POAS, on net profit

Imported value
€274,597

What can be compared across the change of base

4,611 12,240

Orders, counted identically in both periods

+165.5%Real growth

10.39x is the real number. It replaces a 42.61x that measured money taken in, not money kept.

The effect

What happened in the account

  • The decision

    We made the report look worse, on purpose

    Meta went from importing sales value to importing net profit. The multiple came down from 42.61x to 10.39x, and the imported value from €485,538 to €274,597 – both consequences of the change in unit of measurement, not of performance.

  • The result

    What the comparable metrics show

    Orders grew by 165.5% on a 131.9% bigger budget, so faster than the budget. Cost per purchase fell by 12.7%, and reach doubled.

Orders and budget on Meta, indexed to 100

100 = the same calendar window in the previous year

THE GAP 100 NOV 2024 – AUG 2025 NOV 2025 – AUG 2026 265 orders 232 budget
+165.5%

Orders grew faster than the budget, which grew by 131.9%.

−12.7%

Cost per purchase fell, at more than twice the volume.

Meta Ads Manager · year-over-year comparison

The same image holds both the 75.61% drop in the multiple and the 165.45% growth in orders.

Google

The other half started from zero

There was no takeover and no history. In nine and a half months, the new account generated €1,911,360 at 19.35x, from 21,512 conversions. Here the value is sales value, not profit: Google runs on classic ROAS, so the two accounts can't be added together.

How the Google budget was split

Performance Max Search Shopping

Performance Max €1,426,126

18.80x

Search €355,922

23.79x

Shopping €129,312

16.31x

Google Ads · the new account's growth

The series starts from zero in November 2025. It isn't a recovery after a drop, it's an account that didn't exist.

The system

What can be repeated

The order matters. The change of unit of measurement comes before the budget increase, not after.

  1. You decide what you measure

    You decide whether the platform receives revenue or profit. That choice determines which products the algorithm will push.

  2. You accept the break in the report

    Changing the base makes the history non-comparable. From day one, you establish which metrics stay valid.

  3. You grow on the valid metrics

    The budget goes up while you track volume and cost per purchase, the only ones undisturbed by the change.

See the full report

The tables for each platform, what we don't take credit for and the methodology notes.

What we don't take credit for

  • The sales that already existed on Meta aren't ours. The account was producing 4,611 purchases before we started working together, so the 165.5% growth starts from a base that was already working.
  • We don't claim profit growth on Meta. The previous period didn't record profit, only sales value, so we have no figure to compare against.
  • Brand search would largely have come anyway. Brand campaigns produced €300,626 of the €1,911,360 on Google, i.e. 15.7%, at 39.90x. The rest of search, the non-brand part, ran at 7.45x – that is the number that measures new demand.
  • We don't publish a combined figure across the two platforms. Google reports sales value, Meta reports net profit; adding them would produce a meaningless number.
  • We don't claim the company's final profit. The value imported into Meta is profit after variable costs, but before ad spend and fixed costs.

Meta Ads · year over year

Meta Ads · November 1 – August 13, year over year
Metric Nov 2024 – Aug 2025 Nov 2025 – Aug 2026 Change
Purchases4,61112,240+165.5%
Link clicks174,241423,755+143.2%
Impressions3,658,44111,617,535+217.6%
Reach559,3981,299,749+132.3%
Budgetconfidentialconfidential+131.9%
Cost per purchaseconfidentialconfidential−12.7%
Imported value€485,538 sales value€274,597 net profitnot comparable
Reported multiple42.61x ROAS10.39x POASnot comparable

Google Ads · new account

Google Ads · November 1, 2025 – August 13, 2026
Metric Previous year Period analyzed
Sales valuethe account didn't exist€1,911,360
Budgetthe account didn't existconfidential
ROASthe account didn't exist19.35x
Conversionsthe account didn't exist21,512
Average value per conversionthe account didn't exist€88.85
Clicksthe account didn't exist904,009
Impressionsthe account didn't exist36,039,061

Google, by campaign type

Budget share, value generated and multiple, by campaign type
Campaign type Budget share Sales value ROAS
Performance Max76.8%€1,426,12618.80x
Search15.1%€355,92223.79x
Shopping8.0%€129,31216.31x

Methodology and data notes

  • Period: November 1, 2025 – August 13, 2026, versus the same window in the previous year. Source: campaign-level exports, in euros. Google totals are calculated exclusively from campaign rows, after removing 5 Total rows.
  • Google: account created in November 2025, so there is no previous period and no year-over-year change can be calculated. It runs on classic ROAS, i.e. on sales value.
  • Meta: switched to POAS in November 2025, exactly at the boundary between the compared periods. Imported value and the multiple are not comparable year over year; the 43.4% and 75.6% drops are consequences of the change in unit of measurement.
  • Comparable metrics: budget, purchases, link clicks, impressions, reach and cost per purchase. Every claim in this document is based on them.
  • Attribution: same platform, same account, same window, unchanged model (7-day click or 1-day view). Google volume is in conversions, Meta volume in purchases – two different systems that can't be added together.
  • Budgets: at the client's request, we publish percentage changes, not absolute figures. The cost columns are covered in the screenshots.
  • Limitation: the results reflect one specific account, category and period. They are not a promise of performance.

Frequently asked questions.

Why did the multiple drop from 42.61x to 10.39x?

Because it no longer measures the same thing. 42.61x was ROAS calculated on sales value, meaning the amount the store took in. 10.39x is POAS calculated on the net profit left from each order. They are two different units of measurement applied to the same account, and the platform shows them side by side as if they were the same. The reported 75.6% drop is a consequence of the change in definition, not of performance.

Which metrics stay valid across the switch from ROAS to POAS?

The ones that don't contain order value: budget, number of purchases, link clicks, impressions, reach and cost per purchase. They are counted identically in both periods, so their changes are real. On this account, purchases grew by 165.5%, from 4,611 to 12,240, and cost per purchase fell by 12.7% while the budget grew by 131.9%.

Why don't you add up the results from Google and Meta?

Because they are measured in different units. The Google account runs on classic ROAS, so its conversion value is sales value: €1,911,360 at 19.35x. The Meta account runs on POAS, so its imported value is net profit: €274,597 at 10.39x. Adding the two would produce a meaningless number, so we don't publish any combined figure across the two platforms.

Can these results be replicated on any account?

The number, no. A different catalog, with a different margin, will produce a different multiple. What repeats is the order of decisions: first you decide what you measure, then you accept the break in the report and lock in the metrics that stay valid across it, and only at the end do you raise the budget, tracking volume and cost per purchase.

Do you know how much profit is left behind your multiple?

We look at what value your account imports into the platforms, how much of the reported multiple is real margin and which metrics stay valid if you change the base. No commitments.

Sales generated€350M+
eCommerce brands120+
In-house team100%

Services used in this project

The same three things sit behind every account we run on profit.