MVMT: Online-first brand shaking up the fashion & watch industry
MVMT, a fashion watch retailer, changes the ways consumers think about fashion, offering high-quality minimalist products at revolutionary prices. Their unique strategy is to offer designer watches solely online, cutting out the markup from physical retailers. Founded in 2013 by two college friends, Jake Kassan and Kramer Laplante, MVMT grew from a crowdfunded startup to a disruptive e-commerce business with over $60M in sales.
SCALE AUDIENCE REACH WHILE OPTIMIZING CAMPAIGNS FOR PURCHASES
While MVMT’s direct-to-consumer distribution model helps them cut out the markup from physical retailers, it presents a challenge to reach new customers at scale. The e-commerce brand needed a technology solution that would optimize digital ad campaigns using purchase data, while being mindful of margins — all without adding more team headcount or time.
AUTOMATED ALERTS AND OPTIMIZATION RULES FOR FACEBOOK ADVERTISING
The global retailer reached out to AdStage to test drive the Automate product line, in hopes to scale their expansion strategy more effectively. Utilizing a mix of automated alerts and optimization rules across their Facebook account, MVMT was able to increase sales and lower average costs – all while keeping their team lean.
OVER 100% REVENUE LIFT AND DOUBLE THE CONVERSION AT A LOWER CPA
MVMT uses AdStage Automate to efficiently manage hundreds of ads in bulk, scale campaigns up and down, control budgets, and raise bids quickly, resulting in a 108% revenue lift, a 2X increase in conversion, and a 18% decrease in the cost per acquisition.
AUTOMATION TO GROW AND SCALE BUSINESS
“On any given day, I have at least 2,500 ads running live. With AdStage, I can edit ads in bulk, scale up and down, control budgets, and raise bids quickly. Very simply, it saves me time.”
Director of User Acquisition, MVMT