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Generating $103K+ Revenue with 397% ROI on Facebook

6/1/2024
C
CMaffiliates
cmaffiliates.com
Unknown, UnknownFounded 2025
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Monthly Revenue
Undisclosed
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Founders
Denis Ndilla
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Employees
Undisclosed
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Business Description

CMaffiliates is a dynamic affiliate marketing network specializing in high-converting offers across verticals like cryptocurrency, finance, and more. It empowers partners with competitive CPA and CPL deals and real-time tracking.
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Executive Summary

This case study reveals how an affiliate working with CMaffiliates invested $20,875 in Facebook ads across Greece and Portugal and netted $103,795 in revenue at a 397% ROI. Explore the hands-on tactics around GEO selection, landing page tweaks, celebrity-driven creatives, and rigorous testing that led to an $82,919 profit.
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Case Study Content

Overview

In this hands-on breakdown, we look at how an affiliate marketer working with CMaffiliates turned a $20,875 investment in Facebook ads into $103,795 in revenue. By selecting two targeted GEOs—Greece and Portugal—tweaking old pre-landers, and testing creative angles, the affiliate reached a 397% ROI, pocketing an $82,919 profit.

Setting Up the Campaign

At the end of April 2021, the affiliate chose Greece and Portugal, both small markets with native call centers, to lower moderation risks. He pulled aggressive celebrity-driven pre-landers from his archives and asked CMaffiliates’ managers for additional landing pages. Each lander was retouched and A/B tested to find the top performer in each GEO.

Creative Strategy

Two primary angles were tested: static images featuring well-known figures and 10–30 second videos with professional voiceovers in the local language. The celebrity images converted cheaply until bans hit, while videos allowed a more aggressive tone and sustained approval longer.

Execution and Testing

Using a wide targeting range (age 35+, both genders) in Facebook and Instagram feeds, the affiliate ran CPL tests to control costs. Over three weeks, registration-to-FTD rates in Greece hit 3–4% at $5–8 per lead. Portugal saw 6–7% at roughly $10 per lead. Consistently outsourcing original creatives kept cost per lead low and minimized bans.

Results

Total ad spend: $20,875. Total revenue: $103,795. Net profit: $82,919. ROI: 397%. The campaign’s core success drivers were aggressive yet fresh landing pages, high-quality outsourced videos, native call center support, and broad audience targeting that boosted lifetime value for the advertiser.

Key Lessons

Old landing pages can still work if you add a twist with new, approved creatives. Always test with a CPL model when possible to limit risk. Rare GEOs often yield the highest profit, even if translation is needed. And don’t stop at the first ban—persistent testing uncovers winners.

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Key Takeaways

  • 1Targeting smaller GEOs like Greece and Portugal reduced moderation risk and lowered cost per lead, proving that less competitive markets can outperform major ones.
  • 2Repurposing old aggressive pre-landers with fresh, video-driven creatives kept approval rates high and acquisition costs low despite Facebook bans on celebrity images.
  • 3Running campaigns on a CPL basis allowed the affiliate to control ad spend and quickly identify winning combinations without overspending on unproven angles.
  • 4Broad audience targeting (age 35+, M/F) boosted lead volume and contributed to a higher lifetime value for the advertiser’s email list.
  • 5Outsourcing original video content in the native language helped maintain ad approval and improved conversion rates at a fraction of typical costs.
  • 6Persistent testing across multiple landing pages, creatives, and GEOs turned early setbacks into a 397% ROI and an $82,919 net profit.
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Key Facts

Return on ad spend
397%
Total revenue generated
$103,795
Net profit achieved
$82,919
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Tools & Technologies Used

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How to Replicate This Success

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About the Author

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Founders Hut

Founders Hut is a leading online platform dedicated to sharing thousands of in-depth business case studies from successful companies around the globe. Since its launch, Founders Hut has empowered entrepreneurs, marketers, and corporate innovators with actionable insights drawn from real-world successes and failures.

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Disclaimer: Some data in these case studies may be inaccurate or out of date. In certain cases, AI-generated content is used.