Meta Ads Audit Report — Q2 2026 | The Arslan Group
Audit Period
March — May 2026
Paid Social Performance Audit
Meta Ads
Audit Report
Q2 2026 — Comprehensive Campaign Analysis
Prepared For
Apex Retail Co.
Industry
eCommerce / DTC
Audit Date
15 May 2026
Prepared By
Malik Arslan
£48,720
Total Ad Spend
2.61×
Blended ROAS (May)
1,486
Total Conversions
£127,084
Revenue Attributed
01 / 13
Executive Summary

This report presents a comprehensive three-month audit of Apex Retail Co.'s Meta advertising activity across Facebook and Instagram, covering the period from 1 March through 15 May 2026. The audit encompasses all active campaigns, ad sets, creatives, and audience segments, and is designed to provide both performance transparency and a clear, data-backed recovery roadmap for the next 30 days.

The account opened March in a strong position — blended ROAS of 4.18×, healthy CTRs, and efficient CPMs. However, performance has deteriorated significantly over the subsequent two months. April saw the first signs of strain, with ROAS declining to 3.22× as creative frequency climbed and CPMs began rising. May has accelerated the decline, with blended ROAS now sitting at 2.61× — a 37.6% drop from the March baseline — and cost per purchase up 44% over the same period. Total 3-month revenue attributed stands at £127,084 against £48,720 in media spend.

This audit identifies five root causes behind the two-month decline: (1) severe creative fatigue across all prospecting campaigns, with frequency exceeding 4.2× on lead assets; (2) a collapse in landing page conversion rate from 1.62% to 0.91% indicating a post-click experience breakdown; (3) budget misallocation continuing to favour underperforming broad prospecting over efficient retargeting audiences; (4) stale Lookalike seeds degrading match quality; and (5) Audience Network placements consuming spend at sub-1.2× ROAS. A structured recovery plan — detailed in Sections 10–13 — is projected to restore ROAS to 3.8–4.2× within 45 days.

Total Ad Spend
£48,720
Mar – May 2026
Revenue Attributed
£127,084
↓ 35.8% vs target
Blended ROAS (May)
2.61×
↓ 37.6% since March
Total Conversions
1,486
↓ 29.4% from March peak
Account Structure
B−
Campaigns have drifted; TOF budget over-indexed, retargeting underfunded
Creative Quality
D
Critical fatigue — top assets at 4.2× frequency, CTR in 2-month decline
Targeting & Audiences
C
LAL seeds 14 weeks stale; broad interests burning budget with declining return
02 / 13
Campaign Performance Overview
Impressions
8.14M
↓ 18.4% MoM
Reach
2.68M
↓ 12.1% MoM
Link Clicks
118,640
↓ 26.8% from March
Avg. Frequency
4.21
🔴 Critical — up from 1.8 in March
Cost Per Result
£32.79
↑ £13.40 since March
Campaign Name Objective Spend Impressions Clicks CTR CPC Conversions ROAS Status
ARC_PROS_Spring26 Conversions £16,240 3,140,000 38,488 1.23% £0.42 284 2.18× Critical Decline
ARC_RETGT_AllVisitors Conversions £8,840 1,060,000 32,180 3.04% £0.27 388 4.24× Declining
ARC_RETGT_CartAbandoners Conversions £5,820 680,000 21,964 3.23% £0.27 291 4.88× Holding
ARC_LAL_PurchaseSeed Conversions £8,460 1,640,000 20,664 1.26% £0.41 188 2.14× Stale Seeds
ARC_BRAND_Awareness Reach £5,460 1,280,000 7,424 0.58% £0.74 62 1.08× Pause Now
ARC_PROS_InterestStack Traffic £3,900 280,000 3,920 1.40% £0.99 73 1.74× Pause Eval
TOTAL — £48,720 8,080,000 118,640 1.47% £0.41 1,486 2.61× —
Critical Observation: The account is in active decline across all prospecting campaigns. The two retargeting campaigns (All Visitors + Cart Abandoners) are the only segments still delivering above-target ROAS (4.24× and 4.88× respectively), yet they represent just 30.1% of total spend. The four remaining campaigns are collectively burning £34,060/month at a blended 1.96× ROAS — below the typical eCommerce break-even threshold. Immediate structural intervention is required.
03 / 13
ROAS Analysis
Campaign March ROAS April ROAS May ROAS (to date) 3M Avg MoM Trend Target Gap vs Target
ARC_PROS_Spring26 4.02× 3.24× 2.18× 3.15× ↓ −32.7% 3.8× −1.62×
ARC_RETGT_AllVisitors 6.48× 5.32× 4.24× 5.35× ↓ −20.3% 5.0× −0.76×
ARC_RETGT_CartAbandoners 7.12× 6.04× 4.88× 6.01× ↓ −19.2% 5.5× −0.62×
ARC_LAL_PurchaseSeed 3.88× 2.96× 2.14× 2.99× ↓ −27.7% 3.5× −1.36×
ARC_BRAND_Awareness 1.84× 1.38× 1.08× 1.43× ↓ −21.7% 2.0× −0.92×
ARC_PROS_InterestStack 2.84× 2.14× 1.74× 2.24× ↓ −18.7% 3.0× −1.26×
Blended ROAS 4.18× 3.22× 2.61× 3.34× ↓ −37.6% over 2 months 4.0× −1.39×
Monthly Blended ROAS — Decline Trajectory vs Target (4.0×)
March (Peak)
4.18× ✓ Above Target
April
3.22× ↓ −23%
May (to date)
2.61× ↓ −38%
Target
🔴 ROAS Crisis — 2-Month Consecutive Decline: Blended ROAS has fallen from a healthy 4.18× in March to a critical 2.61× in May — a decline of 1.57 ROAS points (−37.6%) in just 8 weeks. Every single campaign is now below its individual target. At current spend levels of ~£16,200/month, the account is generating £42,282/month in revenue against a minimum break-even threshold of approximately £56,700/month (assuming 35% net margin). This audit defines the clear corrective path back to profitability.
04 / 13
CPC, CPM & CTR Analysis
Metric March April May (to date) 3M Avg Benchmark* vs Benchmark
CTR (All) 2.38% 1.82% 1.47% 1.89% 1.50% −2.0% May
CTR (Link) 1.84% 1.42% 1.09% 1.45% 1.10% At floor
CPC (Link) £0.22 £0.34 £0.48 £0.35 £0.45 +£0.03 above bmk
CPM £4.88 £5.84 £7.14 £5.95 £7.00 Above benchmark
Cost Per View (Video) £0.008 £0.013 £0.019 £0.013 £0.015 +27% above bmk
Thumb-stop Rate 38.4% 28.2% 19.6% 28.7% 25.0% Below benchmark
Hook Rate (3s Video) 52.1% 41.4% 29.8% 41.1% 35.0% Below benchmark

*Benchmarks sourced from Meta Q1 2026 eCommerce performance averages (UK market).

CPM Trend — Rising Costs (Monthly)
March
£4.88
April
£5.84
May
£7.14 ↑ +46%
CTR (Link) — Collapsing Engagement
March
1.84%
April
1.42%
May
1.09% ↓ −41%
Creative Fatigue Confirmed: The simultaneous collapse in Thumb-stop Rate (38.4% → 19.6%) and Hook Rate (52.1% → 29.8%) over two months is a textbook signature of creative fatigue. Users who have seen these ads 4+ times are scrolling past without engaging. As CTR falls, Meta's algorithm compensates by expanding to broader — and less relevant — audience segments to maintain delivery, which simultaneously drives up CPM. This self-reinforcing cycle will continue until creatives are replaced.
05 / 13
Conversion & Lead Performance
Total Purchases
1,847
↑ 22.1% vs March
Avg. Order Value
£90.22
↑ £4.18 MoM
Cost Per Purchase
£26.38
↑ £3.12 May
CVR (Click→Purchase)
1.13%
↓ 0.18pp May
Month Ad Spend Landing Page Views Add to Cart Initiate Checkout Purchases LP→ATC Rate ATC→Purchase Rate Overall CVR Cost/Purchase
March £14,840 42,180 7,824 3,912 511 18.5% 6.5% 1.21% £29.04
April £18,620 58,740 11,454 5,727 822 19.5% 7.2% 1.40% £22.65
May (to date) £15,260 40,210 7,076 3,280 514 17.6% 7.3% 1.28% £29.69
3M Total / Avg £48,720 141,130 26,354 12,919 1,847 18.5% 7.0% 1.31% £26.38
Strong Performance: April delivered the best monthly conversion performance in the audit window, with an overall CVR of 1.40% and cost per purchase of £22.65 — 22% below the 3-month average. This was driven by a strong creative cohort launched in late March and favourable auction conditions mid-April. Reactivating the top April creatives in fresh ad sets is recommended as a quick win.
06 / 13
Audience Performance
Age Group Performance
Age Group Spend Share CTR CVR ROAS Signal
18–24 9.4% 2.48% 0.82% 2.18× Monitor
25–34 38.2% 1.94% 1.09% 2.96× Over-invested
35–44 28.6% 2.12% 1.44% 4.22× Scale Up
45–54 16.8% 1.78% 1.38% 3.88× Scale Up
55–64 5.4% 1.21% 1.02% 3.14× Hold
65+ 1.6% 0.84% 0.61% 1.82× Reduce
Gender Performance
Gender Spend Share CTR CVR ROAS
Female 52.4% 2.18% 1.52% 4.14×
Male 45.8% 1.64% 1.08% 2.78×
Unknown 1.8% 1.92% 0.94% 2.44×
Audience Segment ROAS
Cart Abandoners
6.42×
Past Purchasers
All Site Visitors
5.81×
1% LAL — Buyers
3.12×
Interest Stacks
2.41×
Critical Finding: The 25–34 male segment is receiving 38.2% of total budget but delivering only 2.96× ROAS — 13.5% below the account average. Simultaneously, the 35–44 and 45–54 segments are generating 4.22× and 3.88× ROAS respectively on a combined 45.4% of spend. Reallocating 10–15% of budget from the over-indexed 25–34 segment toward higher-returning age brackets is projected to lift blended ROAS by 0.2–0.4×.
07 / 13
Creative Performance Analysis

A total of 22 unique ad creatives ran across the audit period. The table below ranks the top 6 performers and bottom 3 performers by ROAS, alongside secondary metrics to identify scalable creative patterns.

Top Performing Creatives
01
UGC_Testimonial_WomenOver35_V2 (Video, 0:22)
Format: Reel / Video · Placement: Feed + Reels · Spend: £6,820 · Impressions: 1.24M · CTR: 3.18%
6.88×
ROAS
Scale
02
ProductCarousel_BestSellers_Apr26 (Carousel, 5 cards)
Format: Carousel · Placement: Feed · Spend: £5,340 · Impressions: 880,000 · CTR: 2.74%
5.94×
ROAS
Scale
03
BeforeAfter_Static_V3 (Single Image)
Format: Static Image · Placement: Feed · Spend: £4,110 · Impressions: 720,000 · CTR: 2.41%
5.22×
ROAS
Maintain
04
FlashSale_Countdown_Video_V1 (Video, 0:15)
Format: Video · Placement: Stories + Reels · Spend: £3,880 · Impressions: 640,000 · CTR: 2.02%
4.61×
ROAS
Monitor
Underperforming Creatives — Review & Replace
20
BrandStory_Lifestyle_Generic_V1 (Video, 0:45)
Format: Video · Placement: Feed · Spend: £2,840 · Impressions: 580,000 · CTR: 0.61% · Frequency: 3.8×
1.28×
ROAS
Pause
21
StaticOffer_ProductShot_V1 (Single Image)
Format: Static Image · Placement: Audience Network · Spend: £1,620 · Impressions: 340,000 · CTR: 0.48%
0.94×
ROAS
Pause Immediately
Creative Pattern Insight: The top-performing creatives share three characteristics: (1) a female protagonist in the 30–45 age range, (2) a problem/solution or before/after narrative structure, and (3) run time under 25 seconds for video formats. Future creative briefs should be anchored to these attributes. The weakest creatives are either long-form brand storytelling videos or generic product shots with no context, both of which consistently underdeliver in this account.
08 / 13
Funnel Analysis
Full Funnel — 3-Month Aggregate
Impressions 8,940,000
↓ 1.82% impression→click
Link Clicks 162,840
↓ 86.7% click→landing page view (13.3% drop-off)
Landing Page Views 141,130
↓ 18.7% LPV→Add to Cart
Add to Cart 26,354
↓ 49.0% ATC→Initiate Checkout
Initiate Checkout 12,919
↓ 14.3% checkout initiation→purchase
Purchases 1,847
Funnel Leak: ATC → Checkout (51% drop-off)
More than half of users who add to cart are not initiating checkout. This is primarily an on-site UX issue — likely a friction-heavy checkout flow, unexpected shipping costs, or a lack of trust signals on the cart page. Improving this step from 49% to 60% ATC→checkout rate would generate an estimated 790 additional purchases monthly at current traffic levels.
Opportunity: LP View → ATC (18.7% conversion)
At 18.7%, the landing page to add-to-cart rate is within acceptable range but below the 22–25% seen on well-optimised eCommerce landing pages in this vertical. Improvements to landing page social proof, product imagery, and CTA prominence could push this metric into optimal range within 30 days.
09 / 13
Budget Allocation Review
Funnel Layer Current Spend Spend % Revenue ROAS Recommended % Budget Action
Prospecting (TOF) £23,340 47.9% £64,464 2.76× 40.0% ↓ Reduce by £3,900
Retargeting (MOF/BOF) £15,360 31.5% £93,694 6.10× 40.0% ↑ Increase by £4,160
Lookalike Audiences £8,460 17.4% £26,395 3.12× 15.0% → Hold, refine seed
Brand / Awareness £5,460 11.2% £8,081 1.48× 5.0% ↓ Reduce by £3,020
Total £48,720 100% £166,622 3.42× 100% Projected ROAS: 4.0–4.2×
Current Budget Split
Prospecting
Retargeting
31.5%
Lookalike
17.4%
Brand
11.2%
Recommended Budget Split
Prospecting
40.0%
Retargeting
40.0%
Lookalike
15.0%
Brand
10 / 13
Placement & Scaling Opportunities
Placement Spend Share Impressions CTR CPC CPM Conversions ROAS Recommendation
Facebook Feed 38.4% 3,432,000 2.14% £0.24 £5.14 782 4.28× ↑ Scale Budget
Instagram Feed 24.6% 2,200,000 1.88% £0.28 £5.44 468 3.84× ↑ Maintain + Scale
Facebook Reels 12.8% 1,144,000 1.62% £0.31 £5.44 241 3.61× → Hold + Test New Creative
Instagram Reels 9.4% 840,000 1.02% £0.48 £5.44 128 2.62× ↓ Reduce Allocation
Instagram Stories 7.6% 680,000 1.44% £0.38 £5.44 142 3.48× → Hold
Facebook Stories 4.2% 376,000 1.28% £0.40 £5.44 54 2.88× → Monitor
Audience Network 3.0% 268,000 0.38% £0.82 £5.44 32 1.44× ↓ Exclude
Audience Network — Recommended Exclusion: Audience Network is delivering a 1.44× ROAS against a 3.42× account average, consuming 3.0% of spend on poor-quality traffic. Excluding this placement from all active campaigns is projected to recover approximately £146 per month in wasted spend and improve overall conversion quality metrics within 7–10 days.
11 / 13
Issues Identified
🔴 CRITICAL — Creative Fatigue (TOF Layer)
Prospecting campaigns are now running at 3.1× average frequency — above the 2.5× threshold at which meaningful CTR decline typically begins. The top 3 prospecting creatives have been active for 38–44 days without rotation. This is the primary driver of the May ROAS decline.
🔴 CRITICAL — Audience Network Waste
£1,462 has been spent on Audience Network placements across the audit period, returning below 1.5× ROAS. These placements consistently attract low-intent, bot-adjacent traffic and inflate click volume without contributing proportionate purchase value.
🟠 HIGH — LAL Seed Staleness
The Lookalike Audiences are built from a purchase seed list last exported in late February — now 11 weeks old. As the catalogue of buyers has grown, the LAL quality will have degraded. An updated seed of 500–1,000 recent purchasers should be uploaded to refresh all LAL audiences.
🟠 HIGH — 25–34 Male Over-Allocation
This segment is receiving 38.2% of total spend while returning below-average ROAS (2.96×). Without audience-level bid caps or Advantage+ audience segmentation adjustments, the algorithm continues to favour this cheaper-to-reach segment over more profitable demographic cohorts.
🟡 MEDIUM — Cart Abandonment Retargeting Frequency Cap
The cart abandonment retargeting ad set has no frequency cap applied. Average frequency has reached 4.2× within 7-day windows, which risks ad fatigue and potential negative brand sentiment among high-intent users who did not convert on repeated exposure.
🟡 MEDIUM — Instagram Reels Under-Optimised
Current Reels creatives are repurposed square-format videos rather than native 9:16 Reels content. This format mismatch is likely the primary reason for the 1.02% CTR on Instagram Reels versus 1.62% on Facebook Reels. Native vertical-format video needs to be produced.
12 / 13
Optimisation Recommendations
01
Immediate Creative Rotation — Prospecting
● High Priority
Pause the 3 highest-frequency prospecting creatives (frequency ≥3.0×) and replace with a minimum of 4 new creative variants. Brief: UGC-style, female protagonist, 15–25 second video, problem/solution narrative, under £50 CTA. Estimated ROAS recovery: +0.3–0.5× within 14 days.
02
Exclude Audience Network from All Campaigns
● High Priority
Navigate to each active campaign's placement settings and manually exclude Audience Network. Alternatively, switch to Manual Placements and select only Facebook Feed, Instagram Feed, Facebook Reels, and Stories. This will instantly improve conversion quality and reduce wasted spend of ~£490/month at current run rates.
03
Reallocate Budget: Prospecting → Retargeting
● High Priority
Shift approximately £3,900/month from TOF prospecting to the retargeting layer (split £2,200 to All Visitors, £1,700 to Cart Abandoners). This reallocation capitalises on the 6.1× blended retargeting ROAS and is the highest-confidence lever to increase overall account return this month.
04
Refresh Lookalike Audience Seeds
● High Priority
Export all purchasers from Shopify for the period January–May 2026 (estimated 600–900 customers). Upload to Meta Business Manager as a Custom Audience and rebuild all 1% and 2% LAL audiences from this updated seed. Expect LAL campaign ROAS to improve from 3.12× to approximately 3.6–4.0× within 3–4 weeks.
05
Demographic Bid Adjustment — Age/Gender
● Medium Priority
Create separate ad sets targeting 35–54 female audiences mirroring the current prospecting interest stack. This removes these high-converting users from the broad mixed-demographic campaign where budget is being eaten by the lower-performing 25–34 male segment. A/B test against the consolidated campaign structure.
06
Produce Native 9:16 Instagram Reels Creative
● Medium Priority
Commission 2–3 native vertical-format Reels (9:16, 15–30 seconds) specifically optimised for Instagram Reels placement. Based on platform benchmarks for this vertical, moving from repurposed square video to native Reels creative can lift CTR from 1.0% to 1.6–2.2%, improving Reels ROAS from 2.62× to approximately 3.8–4.2×.
07
Apply Frequency Cap — Cart Abandonment
● Medium Priority
Set a 7-day frequency cap of 3 impressions on the Cart Abandonment ad set. At 4.2× current frequency, incremental exposures beyond 3 generate diminishing returns and risk user fatigue. A frequency cap will redistribute budget to fresh audiences within the retargeting pool and maintain brand sentiment.
08
Pause ARC_BRAND_Awareness Campaign
● Medium Priority
The brand awareness campaign is returning 1.48× ROAS — significantly below break-even at current AOV and margin assumptions. Pause this campaign and redirect the £5,460/month budget into the retargeting and refreshed prospecting campaigns. Brand awareness at this account's scale is best served by high-quality TOF creative in conversion-objective campaigns.
13 / 13
Next 30-Day Action Plan

The following sequenced action plan is designed to address the highest-impact issues first and is structured around the typical 30-day optimisation cycle. Actions are sequenced to minimise disruption to campaign learning phases while accelerating performance recovery.

Week 1 — 15–22 May 2026
Immediate Fixes & Budget Reallocation
  • Pause all creatives with frequency ≥ 3.0× across prospecting campaigns (estimated: 3–4 ad creatives)
  • Exclude Audience Network placements from all 6 active campaigns in ad set placement settings
  • Pause ARC_BRAND_Awareness campaign and redistribute £5,460 monthly budget to retargeting (60%) and prospecting (40%)
  • Apply 3×/7-day frequency cap to ARC_RETGT_CartAbandoners ad set
  • Export full purchaser list (Jan–May 2026) from Shopify and upload to Meta as new Custom Audience seed
Week 2 — 22–29 May 2026
Creative Production & Audience Rebuild
  • Brief and receive 4 new prospecting video creatives (UGC format, 15–22 seconds, 9:16 ratio, female-led, problem/solution narrative)
  • Rebuild 1% and 2% Lookalike Audiences from updated May 2026 purchaser seed
  • Launch new prospecting creatives in 2 separate ad sets for A/B creative testing with £25/day budget each
  • Review and consolidate campaign structure: reduce ARC_PROS_InterestStack to a single ad set with top 2 audiences only
Week 3 — 29 May – 5 June 2026
Scaling & Demographic Targeting
  • Analyse Week 2 creative test results — scale winner to full prospecting budget, pause loser
  • Create new demographic-segmented ad sets: 35–54 female, targeted with top interest stack from existing TOF campaign
  • Scale ARC_RETGT_AllVisitors budget by 20% if ROAS holds above 5.0× through the first two weeks of June
  • Switch ARC_LAL_PurchaseSeed to new refreshed LAL audiences and monitor 7-day ROAS trajectory
Week 4 — 5–15 June 2026
Review, Optimise & Plan July
  • Full 30-day performance review: document ROAS, CPP, and CVR changes versus pre-audit baseline (May 15)
  • Launch native 9:16 Instagram Reels creatives (brief placed in Week 2, production in Week 3)
  • Assess LAL audience performance with refreshed seed — if ROAS improves to 3.5×+, scale by 25%
  • Prepare July creative brief: 6 new TOF variants, 2 retargeting-specific testimonial angles, 2 seasonal offer creatives
  • Set monthly targets for June: blended ROAS target 3.8×, CPP target £23.00, conversion volume target 720/month
Projected Impact — 30-Day Optimisation
3.8–4.1×
Projected ROAS (from 3.42×)
£22–24
Target Cost/Purchase (from £26.38)
+18–25%
Projected Conversion Volume Uplift
£7,200+
Estimated Monthly Revenue Uplift
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