HOW I GENERATED 40,000,000 MILLION NAIRA IN REVENUE IN 60 DAYS BY SPENDING 7.5 MILLION NAIRA ON FACEBOOK ADS
Dear friend, in this case study I will reveal to you how we generated about N40m Naira in revenue in 60 days by spending only 7.5 million Naira on ads.
Please note that this is not a typical result to expect as I have lots of experience in this space.
The economy of Nigeria has not been the best this year 2024, so I noticed the purchasing power of a lot of Nigerians reduced.
People no longer buy luxury items or things which are not very necessary.
They spend their money only on essential items.
Due to this, most of my other businesses stopped performing very well. Revenue declined and I started to think.
No matter the nature of any economy, humans always have 3 needs. These are food, clothes and shelter/housing
Most Nigerians cannot afford housing right now, so that is out of it. I do not like the clothing business and the food business is not my thing because of the low profit margins.
But there is one need which we are all too embarrassed to talk about, probably for moral or religious reasons