Meta ads still work — but not the way most Shopify stores run them. The brands hitting 4–6x ROAS aren't spending more, they're spending smarter.
The Account Structure That Works
Consolidate. Meta's algorithm needs data to optimise and fragmented campaigns starve it. We run 3 campaigns maximum: Prospecting (broad), Retargeting (7-day), and Retention (purchasers 30–180 days).
Creative Is Your Targeting Now
Since iOS 14.5, Meta's targeting signals degraded significantly. Your creative IS your targeting now — it self-selects the right audience. Run 4–6 creative variants per ad set, kill underperformers at 1,000 impressions, and scale winners fast.
ROAS Benchmarks by Stage
Cold prospecting: 1.5–2.5x ROAS (this is fine — you're buying future customers). Warm retargeting: 4–8x ROAS. Existing customer retention: 6–12x ROAS. Blend these and your overall account ROAS should sit at 3–5x.